Tag Archives: Prince George’s County

Foreclosures and other dead ends






In case you ever fantasized about making a million or few by house flipping — There are two avowed official registries of foreclosures that take place in Prince George’s County, Maryland. One is included in the statewide registry maintained by the State of Maryland. The other is maintained by the Department of Permitting, Inspections and Enforcement (DPIE, pronounced “D-Pie,” as in “cherry pie”). Neither registry is… Read More

Posted in Blog, Featured | Tagged , , , , , , , , | 1 Comment

Jurisdiction, courts, and filings






Searching for trustee filings is not a quick-and-easy process. The idea is that the filings would show which houses will be coming up on the market in foreclosure sales; this is the kind of tip passed along in online conversation threads for would-be investors who want to dabble in real estate. In Maryland, however, getting such information is easier said than done. I just spoke… Read More

Posted in Blog, Featured | Tagged , , , , , , , | 1 Comment

The other side of house flipping: pushing out the homeowners






Ironically, the Director of the Prince George’s County Department of Permitting, Inspections and Enforcement (DPIE) acquired his own residential property in the aftermath of the 2008-2009 mortgage derivatives debacle. The real property on Willes Vision Drive in Bowie, Maryland, owned by DPIE Director Haitham Hijazi, sold in October 2004 for $600,728. Real estate near Bowie and Upper Marlboro was looking up back then. Sadly, Maryland… Read More

Posted in Blog, Featured | Tagged , , , , , , , | Leave a comment

House flippers help pressure homeowners into foreclosure






Reducing foreclosure ‘backlogs’ is not the same as reducing foreclosures. To reduce foreclosures, best we keep people in their homes. Unfortunately, a different strategy is too often pursued, at least in Prince George’s County–speeding up the foreclosures. The backlog of foreclosures still in the hopper in the county can thus be reduced, on the books. It’s a strategy that benefits real estate investors. House flippers with… Read More

Posted in Blog, Featured | Tagged , , , , , , , , | 4 Comments

Why is a P. G. County official (or his family) buying up foreclosed homes?






On October 14, 2016, my neighbor received a two-page letter from the bank holding her mortgage note, M&T Bank. As foreclosure letters go, it could have been worse, on paper. M&T told her that it was “reviewing” her “workout package.” “It is possible,” the bankers informed her, that “we may determine that additional information is needed.” “If we determine that additional information is needed,” they… Read More

Posted in Blog, Featured | Tagged , , , , , , , , , | 11 Comments

Prince George’s “Democratic” flyer via suspended Sylvania Woods school principal?






The election flyer that landed in Prince George’s County mailboxes on Friday, October 21, looked typical. Banner top front: “2016 Democratic Sample Ballot for the General Election,” above screamer “Democrats 2016.” Banner bottom front: “VOTE DEMOCRATS 2016” and “DEMOCRATIC GENERAL ELECTION,” with the election date. Heading on the reverse: “2016 Democratic Sample Ballot.” Also, “Take this with you when you vote.” The flyer endorses four Prince George’s County Circuit… Read More

Posted in Blog, Featured | Tagged , , , , , | 2 Comments

In honor of Sunday morning, a prediction about Sunday morning






In honor of Sunday morning, a prediction about Sunday morning It’s Sunday morning, and we can expect that today’s morning talk shows will not be terse about the much-touted close and/or ‘tightening’ election. Close election is the moral indifferents’ ground game. It was their calling card; now it is their mantra. If it happens, it will be a defeat for the public. Hence this article:… Read More

Posted in Blog, Featured | Tagged , , , , , , , , , , , , | Leave a comment