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foreclosure
Changes by Fannie Mae to prevent another Surfside tragedy mean some NYC buyers will lose access to loans
… for real estate sales in New York City Thats because Fannie Mae one of the governmentbacked entities that buys loans from banks recently issued new guidance to …
An owner in our condo building stopped paying common charges. What can our board do to get paid?
… process is to find ways to encourage the condo owner to pay whats due The condo bylaws will describe how you go about … to satisfy their arrears because they do not want to lose what may be significant rental income … A foreclosure sale … … of investors at every foreclosure sale who will bid to buy the unit If there is money owed on the mortgage any …
A New Yorker's guide to fighting a foreclosure: 5 defenses that could save your home
… If you receive a foreclosure notice on your New York City condo or house … be a defense in the foreclosure she says These mistakes can buy you time to work out a deal with the bank Here are …
What happens to NYC residential real estate if there's a recession?
… a recession and the question for many New Yorkers is What happens to property prices and rents if the … Miller it suggests weaker economic conditions ahead … What buyers need to know … Signs of a slowdown in New York City … on at that end of the market says Chin It is clearly a buyers market R ecessions dont last forever so if you can …
Ask Sam: What can I do if the city forecloses on my HDFC co-op?
… converted it to tenantowned coops and allowed tenants to buy their apartments usually for very little money explains … HDFC cases its more difficult for them to get information What were finding is tenantsshareholders find out about the … increases rental conversions rent stabilization law lease buyouts and many other issues He is a partner at …
My co-op might be going into foreclosure. What do I do?
… which managed properties that had collapsed Looking at what happened may help you to understand some of what is to come Kory says It does look like the building … is on the brink of going into foreclosure What can I do … Buy … Ask an Expert … co-op board … Co-ops … foreclosure … …
Yet another new housing scam is bilking Brooklyn homeowners out of their property
… be able to continue living there and potentially even buy the home back Homeowners who are filing against HASNY … either to leave or pay exorbitantly high rents Currently federal prosecutors are seeking forfeiture of the properties …