New York Foreclosures - Help - State Contacts - State Laws - Investing

Help! Stop New York Foreclosures

Is your New York home a potential candidate for a foreclosure? Find helpful information about stopping New York foreclosures and links to New York foreclosure resources here.

New York State Contact for Foreclosure information:

Name: Attorny General's Office
Address: State Capitol
Albany, NY 12224
Phone: (518) 474-1778
Fax: (518) 474-0714
Email:

New York Foreclosure Laws

Summary information regarding New York foreclosure laws:

Judicial Foreclosures are Permitted: In New York, Judicial foreclosures are available.
Non Judicial Foreclosures are Permitted: In New York, non-judicial foreclosures are not available.
Security Instruments Used: In New York, mortgage and trust deed are the primary security instruments.
Right of Redemption: In New York, the right of redemption is not available.
Typical Time For a New York Foreclosure: In New York, the timeline of a foreclosure varies by process though is typically 12-19 months.

 

State of New York

Italian explorer Giovanni Verrazano, for whom the bridge is named, sailed into New York Bay. in 1524. Henry Hudson, who was English, but was hired by the Dutch, entered the bay and sailed up the river that now is named after him in 1609. Samuel de Champlain explored and claimed northern New York for France. The first settlement was in 1624 at Fort Orange, present day Albany. In 1625 Manhattan was purchased from the Indians by Peter Minuit for 60 Dutch guilders’ worth of beads and other items. He proceeded to found the colony of New Amsterdam, now New York City, which the English took possession of in 1664. The building of the Erie Canal from Albany to Buffalo, which was completed in 1825, accelerated New York’s industrial growth.

New York today is an important seaport with busy airports and major banking and manufacturing centered there, on Long Island, and in the Hudson Valley. The New York Stock Exchange is an internationally respected financial center. In the north, the Saint Lawrence Seaway has resulted in more industrial growth.

Albany is the capital of New York, and other large cities are Buffalo, Rochester, Yonkers, Syracuse and Schenectady. Population in 2005 was 19,254,630. New York leads in publishing, electronics, machinery and instrument production. Cattle, poultry, corn and vegetables, fruit and wine are its major farm products.

Tourists attractions are the Statue of Liberty, Niagara Falls, the United Nations, Fort Ticonderoga, the Baseball Hall of Fame in Cooperstown, to mention only a few. Visitors travel to New York to visit Broadway plays, museums and dine in a myriad of fine restaurants.

 

How To Buy New York Foreclosures - Investing in New York Foreclosures

How to invest in New York foreclosures coming soon.

 

Use our New York foreclosures dictionary to learn the meanings of the terms used in foreclosures that are not commonly used in everyday language.

Disclaimer: The New York foreclosure information contained on this website is intended for informational use only and in no way should be considered 100% accurate or be construed as investing or legal advice. Contact an attorney in the state of New York if you need foreclosure help, plan on buying a foreclosure or want to invest in New York foreclosures.