CNBC – Homeowners advised to turn to short sales and loan modifications

First time home buyers, investors, and organized property flippers currently make up the majority of those active in the housing market. However, Pete Flint, CEO of, cautions the first time home buyers that are looking to benefit from low interest rates and low prices of foreclosed homes. I would recommend working with an experienced foreclosure expert and doing research before purchasing a foreclosed home, he said. Instead of foreclosing, Howard Glaser, president of the Glaser Group recommends short sales and loan modifications. He believes the Obama administration is going in the right direction with passing loan modification measures because they will help the three things necessary for recovery; a stable economy, stable credit, and a stable inventory.Short sales are another good way to put the right person in the home and get the lender out from under, said Glaser. But CNBCs Diana Olick expressed skepticism in turning to short sales in lieu of foreclosures. Short sales are beginning to take as long as the foreclosure process, which at this point are quicker than they ever have before.” For more information please click on the link provided:
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Assistance on Searching for Foreclosed properties by utilizing all of the available and mostly free Website Search Engines on the Internet. Contact Keith Goeringer @ 386.206.3308 or email Websites I go over are: 1. 2. 3. www.zillow 4. 5. 6. 7. 8.


  1. helloface1969 says:

    I found this great company call My Loan Rescue.. they got me a great modification …. they have a fee but it was well worth it… they droped? my payment 700 bucks a month… there number is 763 477 8510 in case u want it