One of the strengths of Premier Real Estate NYC is its robust offering of legal resources for borrowers in New York City. Premier Real Estate NYC provides a free legal consultation for homeowners who are either nearing foreclosure, or have already entered the foreclosure process.

If you live in in areas like Red Hook, Brooklyn, Mott Haven, Bronx, Corona, Queens, and other areas in Manhattan, and Staten Island, Premier Real Estate NYC will work in your defense to negate the foreclosure.

Premier Real Estate NYC will provide a free consultation session, and will help you organize your paperwork, and bank information. Time is not on the borrower’s side. People who have already been notified of a pending movement through the court system need to act fast.

If a judgment is issued, the bank will be in its full legal right to sell the property in order to reclaim the amount of money owed on the loan. If the homeowner is ill prepared and does not seek professional help, the foreclosure may close within a matter of weeks.

Homeowners that purchased their home prior to 2008 have been treated differently than borrowers who purchased before the 2008 housing-crisis. Premier Real Estate NYC has worked with homeowners throughout New York City. The company has worked with dozens of banks to find adequate solutions for both, the lending institution, and the borrower. [Read more...]

The aftermath of the 2008 housing-crisis affected millions of Americans with foreclosure and financial ruin. In addition to the housing bust, the nationwide recession took hold of nearly every state in the country.

In comparison to the top 20 major housing markets in the U.S., New York City, especially areas in Brooklyn, consistently performed better than average. After the 2008 housing-crisis areas in Red Hook, Brooklyn, Mott Haven, Bronx, Corona Queens, and other neighborhoods in: Brooklyn, Queens, Bronx, Manhattan, and Staten Island have seen their neighborhoods change as a result of the recession and the 2008 housing-crisis.

Mayor Bloomberg was extraordinarily busy looking for new ways to develop New York City. He succeeded by shifting New York City from a localized network of neighborhoods into a corporate landscape of chains, and franchises. New York City saw major reform, and renewal under the former mayor. One of the major voids in Bloomberg’s legacy was his inability to coerce lending institutions to do more for homeowners in places like Red Hook, Brooklyn, Mott Haven, Bronx, Corona Queens,

Foreclosure rose across the country since the 2008 housing-crisis, along with the crisis came a major rise in unemployment in many cities in the U.S. New York City was not immune to the recession. Adding insult to injury was the 2013 government shut down, which left thousands of New Yorkers without assistance. [Read more...]