We are here to provide you with a full analysis of the property that you own or have inherited. We will search for any outstanding liens and judgments, current ownership, pending foreclosure actions or lis pendens information, and provide you with an amount of potential cash that you can walk away with, even if there is no equity in the property. There are no fees, commissions, or obligations, whatsoever. You may call or text us at 631-759-4408, or email info@homeownersrgny.com
Need to sell your house quickly in Long Island? Offering owner financing can help you sell fast, while still getting the price you want. Learn more about the process here!
Whether you overpaid for the property in a bidding war, you’ve fallen behind on mortgage payments, or property values have dipped, being upside-down on your mortgage or owing more than the current market value is a less-than-ideal situation for homeowners. There are also still a host of sub prime mortgages from the 2004-2007 era that … Continued
Stopping the foreclosure process of your New York home can be difficult, but not impossible. Dealing with the banks, negotiating terms, and stressing over your mortgage can feel completely unbearable, but luckily you have lots of options available to you. Foreclosure is more common than you might think and can affect millions of Americans every … Continued
Home sales usually fall into one of three main categories: traditional sales, short sales, and foreclosures. For buyers, each has pros and cons, though generally speaking the cheaper properties are short sales and foreclosures. But if you’re a buyer, you need to keep in mind that these properties are usually cheaper for a good reason. … Continued
Facing foreclosure can be an extremely stressful experience for any New York homeowner. Not only does it mean the loss of a home, but it can also have a significant impact on one’s credit score and financial future. Fortunately, there are options available for homeowners facing foreclosure, including working with direct property buyers in New … Continued
Owing more than your house is worth is not a favorable position if you should need to sell, even more so if you are under pressure to sell quickly for personal or financial reasons. Often already under a great deal of stress, taking on the sale of a house can seem like an overwhelming proposition. … Continued
It’s no secret that foreclosure rates in America are on the rise. This can affect the New York real estate market in all sorts of ways. The housing market has always been a volatile industry. With fluctuating prices, ever-changing regulations, and unforeseeable economic conditions, it can be challenging for homebuyers and home sellers to navigate … Continued
The wheels that drive foreclosures turn very slowly, and there is ample opportunity to steer the ship in a new direction and salvage your future. Sadly, foreclosure is entirely avoidable, yet lives are often damaged for years because homeowners weren’t fully informed of the consequences and took no action to prevent the process. Whatever circumstances … Continued
Foreclosure and preforeclosure are two terms that are commonly used in the real estate industry. While these terms may sound similar, they have very different meanings and implications for both homeowners and potential buyers. What is Foreclosure? Foreclosure is a legal process that occurs when a homeowner is unable to make their mortgage payments. When … Continued
If you’re concerned about your property going into foreclosure due to circumstances beyond your control, the optimum scenario would be to work with your lender for a resolution before things go any further. However, going through the foreclosure process can be made easier when homeowners understand what lies ahead, so read on as we explore … Continued
If you own a home when you file for bankruptcy, it becomes part of the bankruptcy estate, the property or assets you own. In October of 2022, there was a twenty-seven percent increase in chapter 13 bankruptcy filings over the previous year. Bankruptcies, including all chapters, total a seven percent increase overall, which correlates strongly … Continued
Despite what at times can be an overwhelming life experience, selling an inherited house in New York with multiple heirs involved doesn’t have to be as complicated as it seems. For most heirs, selling a close family member’s real estate after death is challenging and emotional due to losing that close relationship in addition to … Continued