New York is one of the states most seriously affected by the current foreclosure crisis prevalent across the USA. What is more, in New York alone, nearly 50 percent of mortgages are upside down, that is, the borrower owes more than the property is worth — probably due in part to the levels reached by the pre-crash housing bubble in New York. If you are among the many New York residents who are struggling to save their homes, a mortgage modification program could be the rescue package you are looking for.
It can be difficult to be objective about your home loan because it is not just a financial arrangement, it is where you live. Most home owners didn’t buy their house as an investment strategy, they bought it so that they could live in it and hopefully use their mortgage as a stable financial bedrock. Up until a few years ago, every indication was that this was generally a good policy, as well as a basic American right of passage.
If you are one of the New York homeowners currently struggling with your mortgage, you may fear that foreclosure is inevitable. However, there is a very advantageous alternative you may not be aware of, called a lease option. This could enable you to avoid foreclosure, even if the foreclosure process has already started.
We buy Single Family and Multi Family homes in ANY Price Range or Condition!
Personal Representatives, Beneficiaries or Heirs, please call: 347-201 BUY1 (2891) to get an all cash offer on the home you are interested in selling. We are not realtors looking for a listing. We are Home Buyers who will pay Cash and Close Fast on your home in probate. You will not have to make any repairs, move anything or paint and clean to sell your probate home to us. And…