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What is a Pre-Foreclosure in Syracuse NY area?

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With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Syracuse NY area anyway? Many homeowners across America and Syracuse NY area are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, … Continued

How to Avoid Foreclosure in Syracuse NY area

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While the housing market is rebounding, many people in Syracuse NY area] are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose. Thankfully, there are a number of things that you … Continued

How to Stay in My Home After Foreclosure in Syracuse NY area

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A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued

Understanding the Foreclosure Process in NY

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Understanding the foreclosure process in NY is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in NY What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. … Continued

Can I Sell My House in Foreclosure in Syracuse NY area?

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Do you have a Syracuse NY area NY house that’s in foreclosure right now? Many people going through the NY foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually … Continued
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