Posts made by author 'Eric Recktenwald'

There are all kinds of stories out there regarding the "SHORT SALE" in fact some agents and brokers have even taken to calling them the "Loooong Sale"  However, I have found most of the time problems arise from poorly prepared Selling or Listing Agents who have not established communications with a loss mitigator.  There are a variety of reasons for delay and failure but MOST of this can be avoided by having knowledgable representation. 

Industry figures tell the story, nearly 18% of recent home sales accross the United States have been directly tied to the Short Sale Process.  This is to large a segment of the inventory to overlook and there are some real deals in this segment of the market.

How can you protect yourself and be confident exploring this category with minimal risk and maximum reward?  The answer is to seek o...

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Veterans Memorial Park in Cedar Park TX continues to take shape - Wow what a great place for the whole family. The pool which has been operational for some time now was in full swing today.  Obviously it is a welcome place for many as our Heat Wave has continued strong into July.  So much more of the park has been completed since the last time I was by, I was a little surprised!  One of the highlights to be sure is the 5 acre Dog Park (Cedar Bark Park) complete with fully fenced seperate areas for smaller and larger dogs including a swimming pond for the dogs and wash stations!  (Very Nice) This has to be a great addition for the surrounding neighborhoods especially anyone within a short waliking or biking distance from the park.

Last week one of my favorite clients presented a letter to me they received in the mail from a Company named ACT.  The notice informs the client they may be owed a refund for "several thousand dollars" based on the mortgage they originated on their home, claiming they may have been "overcharged". The letter included the exact loan amount they took out and it even had the date they closed.  (this information is available in public records by the way) Since my client was uncertain as to the validity, they wisely asked me before they took action or responded.   I was happy they asked about it before they got involved, since as it turns out this letter is very suspicious and very likely a scam!

A little research on the Internet turned up some pretty sad stories of people who were not so lucky with this same company.  Had some of these folks been more prudent, the first clue should have been that the letter contains no contact information or names of in...

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These days everyone seems to be looking to save a few bucks, here is an article I found on Money Mag. 7 tips on how homeowners can save some money... check it out.  Good ideas for triming some costs getting the most out of your home and surroundings and doing a little more with a little less!