Some foreclosures in New York City have taken up to 450 days. New York State requires that banks prosecute a foreclosure through the judicial system. The foreclosure process can drag on through the court system, and it can end up costing the borrower thousands of dollars.
Premiere Real Estate NYC helps borrowers avoid the foreclosure process all together. The company has already helped dozens of homeowners who are heading towards a foreclosure. Many of these people took it upon themselves to avoid the foreclosure, and looked for alternatives to foreclosure. One of the most important thing any homeowner can do once a payment is missed is seek professional help. [Read more...]