Real Estate Zing
 USA Real Estate  USA Cities  Real Estate Agents List  Fannie Mae  Freddie Mac
 
 Home » USA » New York » Foreclosure Homes

NY Foreclosure Homes

New York Foreclosure Homes, which are far below the market value, help you in saving a lot while buying. Foreclosure happens when the home loan taker does not make the monthly payment on time. In this case lender after taking the orders from the court reposed the property and sell it as a foreclosed one. New York foreclosure homes and properties undergo foreclosure auction at the county's court house.

Foreclosed Homes in New York

All the foreclosure homes are sold on discount that can vary from 10% to 50% and even more in some cases. The Department of Justice has also given the Foreclosure Rescue Scheme and the Sub-prime Scheme for homeowners who are facing foreclosure. There are numerous types of foreclosure homes in New York, which includes:
  • HUD foreclosures
  • VA foreclosed homes
  • FHA home foreclosures
  • Bank foreclosure homes/ Repos/ Real Estate Owned (REO)
  • Mortgage foreclosure

New York Bank Foreclosures

Bank foreclosures in NY are very popular owing to the least risk. There are various reasons for the foreclosure to happen and few among these are:
  • Unemployment
  • Bill obligation and excessive debt
  • Divorce
  • Transfer of job
You can buy a foreclosed home in NY from the seller, at the trustee's sale and from the lender. For buying a New York home foreclosure first of all go to the mortgage lender and get the pre-qualification or pre-approval certificate. Then find the realtor who is specialized in selling or buying a foreclosure home.

Get information regarding pre-foreclosure and auction from your Real Estate Agent. If you want to buy a government foreclosed home in NY then always consult the property agent who is certified by FHA, VA and HUD.

If you are in the process of finding a NY foreclosed property then you can also check the list of websites showing foreclosure homes in New York, troubled properties provided by Realestatezing.com
 
Foreclosure Data Online
Foreclosure Data Online has the listing of foreclosed homes and foreclosed properties in NY. You can find affordable foreclosure properties, real estate foreclosure and distressed properties.
Website: http://www.foreclosuredataonline.com/listings.php?state=NY
 
Lanin Law PC
The Foreclosures Information: The Foreclosures Information can be checked to find the foreclosure homes. You can check the counties in NY for foreclosure and Lis Pendens.
Website: http://www.theforeclosuresinfo.com/foreclosures/new-york/new-york-foreclosures.html
 
David L Pankin P.C.
Foreclosure Data Bank: Foreclosure Data Bank offers listing of HUD foreclosed homes, VA foreclosures, bank foreclosure homes and foreclosed properties in New York.
Website: http://www.foreclosuredatabank.com/listings.php?state=NY


Foreclosure
Law
Listings
Real Estate
Agents
State Board of Real Estate
Real Estate School
Real Estate License
Cities in New York
Broker Listings
Mortgage
Home Mortgage
Rates
Lenders
Broker
Company
License
Calculator
Refinance
Rental Homes
Houses For Rent
Association and Board
State Association of Realtors
Housing Authority
State Appraisal Board
Top Builders
Home Builders
Pulte Homes
Lennar Homes
Property Taxes
Unclaimed Property
Property Tax
Building a Home
Architects
General Contractors
Interior Designers
Building Materials
Lighting
Wood Working
Appliance
Furniture
Home Theater
Facility Management
Home Garden
Security Services
Insurance Companies
Packers and Movers
Moving Companies