2013 marked the year New York City elected a new mayor. Bill de Blasio took office in November and promised to make sweeping changes for resident sin Long Island, Brooklyn, Queens, Bronx, Manhattan, and Staten Island. What Premier Real Estate NYC would like to know, is what steps plan to be taken against negligent banks.
In the wake of the mayor’s race, Bill de Blasio has a lot of work to do with homeowners after Hurricane Sandy. Since the storm hit, foreclosures have risen sharply for resident in Long Island, Brooklyn, Queens, Bronx, Manhattan, and Staten Island.
For a city left reeling from the hurricane, federal assistance needs to be directed to hundreds of thousands of homeowners that are nearing foreclosure. In addition to the 2008 housing-crisis, and the national recession that followed, are other local factors that have staggered homeowners in New York. Turing towards the bank, or local homeowners associations, sometimes leaves the borrower more confused than before. A company like Premier Real Estate NYC lays out formidable steps for the homeowner.
Displaying a series of different routes, Premier Real Estate NYC shows the homeowner that choices remain in their struggle. Whether it is through a loan modification, short sale, or outside investor, there are many ways to avoid foreclosure. [Read more...]