Getting NY Homeowners Out Of Foreclosure and Out of Distress
4 Ways to De-Stress Your Family during Foreclosure
Foreclosure in NYC is a difficult time for the entire family. Parents wonder how they will keep their family together and their next home. They are worried about what their friends, family, and co-workers will think. Children wonder what their friends will say and if they can keep all of their things. [Read more...]
Understanding How Liens Work in the Foreclosure Process
One issue with foreclosure in NYC are liens. Everyone wants to be paid out. Unfortunately, these two processes involve getting much less than what is owed on the property, as well as what the property is worth. There are legal lien priorities of which an order is established as to which creditor is paid first. The most common lien against your foreclosure in will be considered the first, second and third mortgages, but there are others. [Read more...]
Should Hotels Be an Option after Foreclosure?
Those during the 2008 housing crisis had to find alternate living arrangements. Once their credit reports a foreclosure in NYC , purchasing a home is out of the question. It’s difficult to rent an apartment as landlords run credit checks, are unsure of allowing someone with a foreclosure in NYC rent from them, and pay on time. So, hotels have been an option. It may seem strange and you think more expensive than renting an apartment, but could a hotel be an option for you?
No Credit Checks
Moving into a hotel requires no credit checks. You also have no application fees, high security deposits, nor HOA fees to worry about.
No Lease Commitments
A hotel does not require a lease commitment. In fact, you may be able to negotiate a discounted rate if you plan to stay three months or longer.
Utilities Are Included
This is where you really can save money. Hotels cover your utilities, including cable, internet, phone, electricity, and water costs. If you are used to working at home, another perk is that the hotel may have a business center. So you may have access to free faxing and copying services. This reduces office supply expenses such as ink, toner, and paper.
Hotels also are fully furnished. If you will be staying awhile, you can avoid high storage fees by selling off your own furniture and saving those funds.
Copyright © 2026 · disrupt2create · Powered by WordPress · Built on the Genesis Framework