Most of our clients from Brooklyn, Manhattan, Queens, the Bronx, Staten Island, Long Island and the Tri-state area, are familiar with the housing crisis. This catastrophic period began in 2008 and persists to destroy people’s lives up until today.
A foreclosure is a relatively quick process, but its damage can last a lifetime. If you have received a pre-foreclosure notice, or a summons and complaint, then you need to contact a professional real estate, or financial professional immediately. Premier Real Estate NYC offers both financial professionals and real estate experts who are able to guide you along to avoid a foreclosure.
Premier Real Estate NYC will fight at all costs to avoid foreclosure. One of the first questions a homeowner usually asks is, “how do I avoid foreclosure?” Although each and every foreclosure includes new and different variables, Premier Real Estate NYC has the experience to provide information and advice on any issue related to real estate in New York City.
There is a long list of notices, disclosures, bank meetings and other procedures that make up a foreclosure. New York is one of the few states in the United States that does not require banks to issue a notice that a mortgage payment has been missed; however, most people do have a mortgage agreement that requests a notice be sent within 30 days of a skipped payment.
If the home owner neglected to require his or her lending institution to send this disclosure, then the first time a homeowner will hear about the foreclosure arrives as a pre-foreclosure notice. To steer clear of this process, it is strongly advised to contact a company like Premier Real Estate NYC.