Yes, You CAN Buy a PG County Foreclosure for $1,000 Down!

July 10, 2009 by Admin · Leave a Comment 

As you may have heard, HUD’s Neighborhood Stabilization Program (NSP), has been implemented in Prince George’s County, Maryland, and the incentives for buying a foreclosure in PG County are STAGGERING! The goal of the program is to reduce the number of vacant homes in neighborhoods troubled by foreclosures. Through a government funded program (Thanks to [...]

Jonathan Benya's Interview in the Baltimore Sun

April 8, 2009 by Admin · Leave a Comment 

Jamie Smith Hopkins, a reporter for the Baltimore Sun and awesome real estate blogger emailed me last week about possibly doing a Q&A for the Newspaper. We chatted for 20 minutes or so about the market, foreclosures, credit scores, finding deals, and what the market is really like right now.  You can find the article [...]

Avoiding Bad Apples

March 3, 2009 by Admin · Leave a Comment 

Unfortunately, sometimes things just don’t go according to plan.  Bad apples exist everywhere, especially in the real estate market.  You do your best to avoid them, but the problem with bad apples is that they may look great on the outside, and there’s no way to know about that worm waiting for you to bite! [...]

Are Fannnie Mae and Freddie Mac doing more harm than good?

November 27, 2008 by Admin · Leave a Comment 

Looks like Fannie Mae and Freddie Mac have decided to play Santa Claus this year. The two mortgage giants have decided to freeze all of their foreclosures that are scheduled to happen between now and the new year. “The two companies say they will halt foreclosure sales between Nov. 26 and Jan. 9, while they [...]

Halloween Is Going To Stink This Year

October 3, 2008 by Admin · Leave a Comment 

Elegant Mansion in Columbia, MD

October 2, 2008 by Admin · Leave a Comment 

[youtube=http://www.youtube.com/watch?v=Y7MeowCA3GQ] This stately home, with over 10,000 finished square feet of living space, is available now for $1,599,000. Situated on just under 2 acres in a picturesque location, this is a fantastic opportunity to purchase a fantastic foreclosure at an outstanding price! Please contact Jonathan Benya for all inquiries/information. ~Jonathan Benya- Realtor Century 21 New [...]

Buying A Charles County MD Real Estate Foreclosure?: Get It Inspected!

August 21, 2008 by Admin · Leave a Comment 

There seems to be a common misconception about buying a real estate foreclosure in Charles County.  Banks are trying to get as much money as possible for the real estate they own, but they typically demand that their homes are sold “as-is” (What Does “as-is” mean in real estate?). This does NOT mean that you [...]

The Art of Lowballing a Foreclosure

August 20, 2008 by Admin · 1 Comment 

Trying to buy one of the multiple foreclosures (REO, or Real Estate Owned) for sale in Waldorf, MD or Charles County MD? Most folks who are trying to buy a foreclosure are looking for a great deal, and while there are some deals to be had, it seems like there is just as much overpriced [...]

Waldorf, MD Foreclosure Update for August, 2008

August 11, 2008 by Admin · Leave a Comment 

What’s Happening The Waldorf, Maryland housing market may be slow, but there seems to be a ton of buzz being generated by the local foreclosure real estate sales market!  A quick check of the Multiple Listing Service (MLS) shows that there are currently 31 vacant, bank owned (REO, or Real Estate Owned) homes for sale [...]

Hope for Homeowners Act of 2008; Who does this help in Maryland?

July 30, 2008 by Admin · Leave a Comment 

It’s official: The Hope for Homeowners Act of 2008 has been signed by the president and now we shall see who this helps.  For struggling homeowners in Maryland, here’s a quick breakdown of the criteria to qualify: In order to apply for this program, you must: Have a loan originated prior to 2008 Be paying [...]