Did Your Offer Get Rejected By the Bank?

January 7, 2010 by Admin · Leave a Comment 

I’ve had several clients recently who have come up against a common challenge in buying a home right now, and I’m not talking about tough lending standards!  It’s hard enough to be a first time home buyer in Southern Maryland;  Trying to understand the loan process can be stressful, understanding all of the moving parts [...]

Foreclosure flipping in Charles County, MD

December 20, 2008 by Admin · Leave a Comment 

I’m seeing an increase recently of investors in Charles County looking to buy and flip foreclosures.  For the savvy investor there is a big opportunity to make a nice chuck of change, particularly in Waldorf, but it’s not as easy as Flip This House makes it seem.  Selling a home is still tough in this [...]

Lenders Choke The People Looking to "Buy And Bail"

September 23, 2008 by Admin · Leave a Comment 

FHA and Conventional Loan guidelines were revised this morning, this time to prevent the so-called “buy and bail” folks trying to escape their overpriced mortgages. Haven’t heard of a “buy and bail” scenario?  It goes something like this: Until now, people who decided to rent their home instead of sell it were allowed to claim [...]