Metro Dream Homes- Parent Company POS in receivership - 10/31/07 04:15 PM
I want to make sure I keep you guys updated on the unfolding Metro Dream Homes scandal; It seems a company named Invotex has taken temporary receivership of POS, which is the parent company for Metro Dream Homes. They have set up a website where interested people can view … (0 comments)
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Swan Point Development *Finally* Moving Forward - 10/31/07 04:10 PM
I've got some news for all you Charles County residents out there... The development project in Issue, MD at Swan Point may finally been moving forward! For you golfers out there, you know how challenging the par 72 course there can be, and now it looks like they're getting … (0 comments)
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Charles County Market Report - 10/30/07 08:13 PM
I've had a couple of people ask me recently what the current market out look is in the region, so I'm putting up a quick portion of my market report to let everybody see exactly what we're facing here in Charles County. If anybody has any questions about the charts, I'd … (2 comments)
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Real Estate Scam deepening with Metro Dream Homes - 10/30/07 02:43 PM
There's a front page article in today's Fredericksburg, VA Free Lance-Star. It seems that the Attorney General has established that the company is in debt by at least $300,000,000! Their assets have been frozen and they're trying to find the money trail, but so far only $150,000 has been found … (0 comments)
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Builder comes to the rescue! - 10/30/07 09:15 AM
I can't tell you how much I love hearing news like this! It seems that a woman named Delores Smith in Accokeek, MD, who has worked as a foster mother to over 125 children, is on the right path to getting her home re-built. She was evicted in 2003 after … (6 comments)
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METRO DREAM HOMES: If it sounds too good to be true.... it probably IS! - 10/28/07 07:27 PM
Just another local real estate scam that is getting lots of attention, particularly from the Attorney General in Maryland AND Virginia. Essentially the accusation goes something like this: Metro Dream Homes convinced people to buy in to their investment program (about 10%-15% of the value of their home) and … (0 comments)
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FRAUDULENT LENDERS CAUGHT IN MARYLAND! - 10/28/07 07:08 PM
It goes without saying that the predatory lending practices that have sprung up in recent years are finally starting to be understood to be just that: PREDATORY. Unfortunately there's been more than a few reports, particularly out of PG County, about financial scams that I wanted to post a little … (0 comments)
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5 BIG Ways to Help Your Clients! - 10/25/07 01:36 AM
As agents, the scope of services and work that we do on behalf of our clients can be very far reaching. I think that it's really in the details though that the best agents separate themselves from the average ones. What I've put together is a list of the little … (1 comments)
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Countrywide manages to get it right this time.... - 10/23/07 09:12 PM
I gotta say, they really stepped up to the plate and did what makes sense in my mind. If you haven't already heard, here's a link to the article:
http://www.inman.com/inmanstories.aspx?ID=64991
It's a huge relief to lot of people that are looking at a terrifying possibility of foreclosure. While it's certainly not a … (12 comments)
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Would YOU Admit to being an INVESTOR? - 10/22/07 10:38 AM
I'd like to hear a few agents weigh in on this, and get a better idea of what the general consensus is. As a Realtor, would you admit to also spending you money as a real estate investor(doing rehabs, rental properties, equity security, tax shelter, whatever)? The reason … (2 comments)
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Where are we going, and why are we in this Handbasket? - 10/19/07 02:17 AM
I really wish there was some sort of easy solution to the deteriorating market that we're seeing, but I seriously doubt we've hit the bottom just yet. I have a couple of points to make in this post, and they are very closely related, so I'd like to apologize … (7 comments)
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How to make each day better! - 10/17/07 04:20 PM
Well, we all know rentals can be difficult to make a profit on, and I know more than a few Realtors who have no interest in them (I'm sure we all know a few). It brings up an interesting question though.... How many renters become buyers for you guys after … (9 comments)
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Buy this house and get a free steak dinner!?! - 10/16/07 05:53 PM
Sounds appealing right? but the reality of it is that I showed a property earlier this year and(although unadvertised, and most likely unintentional) apparently it had just such an offer included. The property was a rehab potential and I got a call out of the blue from some investors who … (6 comments)
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