Selling An Unsecured Promissory Note In NY?

If you’re in NY (especially Rockland County), when it comes to unsecured promissory notes, there are two things to keep in mind: Its current value and its future value.  If you are considering selling an unsecured promissory note in Rockland County, the first thing you need to do is determine its current value or market … Continued

Can I Sell A Private Mortgage In NY?

There has never been a better time to sell a NY mortgage note or promissory note, so if you’re wondering “Can I sell a private mortgage in Rockland County NY?” the answer is: you absolutely can! Interest rates are very attractive right now but that could change at any moment, and interest rates could start … Continued

I Want To Sell My Real Estate Note In Rockland County NY

“I want to sell my real estate note in Rockland County NY…Where do I start?” Holding a real estate note, private mortgage note, private promissory note or other paper real estate asset in NY can sometimes be a challenging proposition: They don’t always offer the highest returns, you collect your cash over a period of … Continued

Can a house be sold while in probate in Rockland County NY?

Probate is the process of reassigning the property to the beneficiaries after the person dies. When a person passes away they leave their loved ones and their property behind. Sometimes the last will or the Testate is left behind by the person and in some cases it is not. Whatever is the situation, the property … Continued

What happens when you inherit a house in NY?

Inheriting a house is one of the few big surprises that life brings us sometimes. But what happens when you inherit a house in NY? As much as you may want to keep an inherited house, sometimes you may be forced to consider putting it up for sale. Well, selling an inherited house can be … Continued

Short Sale vs Foreclosure – What’s the Difference in Rockland County?

Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Rockland County, NY? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you … Continued

How to Stay in My Home After Foreclosure in Rockland County

A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued

Understanding the Foreclosure Process in NY

Understanding the foreclosure process in NY is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in NY What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. … Continued

Can I Sell My House in Foreclosure in Rockland County?

Do you have a Rockland County NY house that’s in foreclosure right now? Many people going through the NY foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you … Continued