foreclosures: Finding Bad Apples in real estate? - 03/03/09 02:09 PM
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 … (3 comments)

foreclosures: Waldorf, MD Foreclosure Update, August, 2008 - 08/11/08 10:34 AM
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 … (0 comments)

foreclosures: What Does "As-Is" Really Mean in Real Estate? - 07/28/08 10:38 AM
    "As-is" seems to be a very maligned term in real estate these days.  A quick search for homes in Waldorf and Charles County shows a slew of properties being sold "as-is".  On the surface, the concept is simple; the owner is not making any claims regarding the condition of … (6 comments)

foreclosures: Courthouse Auction Blues - 02/22/08 09:56 PM
The Washington Post just posted an article titled: "Foreclosure Auctioneer's Lonely Task".  It's an interesting read, even if it's a bit theatrical.  There was a quote in there that I found particularly striking:
"Banks don't want your house; they want your money. They want to work with you so you can keep … (7 comments)

foreclosures: Maryland Foreclosure Prevention Event! - 02/22/08 09:07 PM
    If you're currently at risk of foreclosure in the state of Maryland, there's a big event that you should be at!
    March 5th is the date, and the Showplace Arena in Upper Marlboro, MD is the location!  Here's the skinny:
    Prince George's County is sponsoring … (0 comments)

foreclosures: PROJECT LIFELINE- A Viable Mortgage Relief Solution, Or Another Government Gimmick? - 02/12/08 04:33 PM
    Project Lifeline has been formally announced, and it's being touted as another way for homeowners to avoid foreclosure.  Like it's counterpart, Hope Now, Project Lifeline is another "relief" program designed to soften the economic impact of the sub-prime mortgage crisis.
    Here's what was announced on the AP News Wire:
Homeowners … (3 comments)

foreclosures: Charles County Maryland Foreclosure Report February 2008 - 02/03/08 12:02 PM
Charles County has seen an upswing in Bank Owned (REO) properties for sale in the past month.  In my last report, I indicated that there were 55 current foreclosures on the market in Charles County.  That number has now crept up to 69.
Increasing Foreclosures
 REO properties are rising because of … (0 comments)

foreclosures: Understanding the Housing Slump - 12/14/07 02:23 PM
    There was an interesting news piece this morning on NBC 4, talking about how the Maryland housing market is going to continue like this for the next year.  The report was based off of anticipated loss of tax revenues due to the housing slump, and stated that the market is … (0 comments)

foreclosures: Foreclosure Buying Tips- What You NEED To Know! Part 2- Foreclosures & Auctions - 11/24/07 03:07 PM
    This is part 2 of a 3 part series on how foreclosures work and how to find the best home to fit your needs at the best price.    There's really no great mystery to it, but there is a process to it and I'm here to do my best … (0 comments)

foreclosures: Foreclosure Buying Tips- What You NEED To Know! Part 1- Pre-Foreclosures - 11/24/07 12:32 PM
    Foreclosure was once that dirty word that nobody talked about, but with the recent market changes everybody who's looking to buy a home is at least curious about how the process of buying a foreclosure works.     There's really no great mystery to it, but there is a … (0 comments)

 
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Southern Maryland Real Estate~ Jonathan Benya

Waldorf, MD

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Century 21 New Millennium

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