How to slay a zombie second mortgage and protect yourself from foreclosure

… lifetime when they open their mail and find out that a debt buyer is initiating legal action or starting a foreclosure … to use smaller down payments or avoid them completely Debt buyers are now coming after these second mortgages that … borrowers often in communities of color didnt understand what they were getting into In some cases they were not …

By Jennifer White Karp |July 9, 2024 - 9:30AM
Dealing with a scam, deed theft, or foreclosure? NY’s Homeowner Protection Program can help

… the consumer facing website for HOPP Homeowner Help NY   … What is the origin of HOPP and how is it funded … HOPP was … … You Might Also Like … viewbublogpanes=ymalinline   … Buy … Negotiating + Financing … Co-ops … condos … …

By Celia Young |February 12, 2024 - 9:00AM
How should co-op and condo boards navigate seller-financed purchases?

… with mortgage rates touching 8 percent it is something more buyers and sellers may use in the near future In a nutshell … financing also known as owner financing works like this A buyer gives a down payment for a percentage of the purchase … buildings … A key difference … From a boards perspective what makes these deals different from other transactions is …

By Jennifer White Karp |November 8, 2023 - 2:30PM
Zombie houses: Inside NY's effort to release derelict properties from legal limbo

… people have this idea that all NYC properties no matter what the condition are hot commodities but thats not the … and NYC is working very hard to figure out where they are … What parts of NYC have the most zombies … In southeast …  through its portal and file a complaint … Can a New Yorker buy a zombie property … The Zombie Law also created …

By Jennifer White Karp |March 30, 2022 - 12:30PM