The New New York Foreclosure Law Is Retroactive: What It Means To You If You Are Facing Foreclosure A new New York foreclosure law went into effect on January 1st. Governor Kathy Hochul signed the Foreclosure Abuse Prevention Act right before the stroke of midnight on New Years Eve. The new law takes effect immediately. […]
New York State Lawmakers Poised To Restore 6-Year Statute Of Limitations On Foreclosures Before The End Of The Session New York State lawmakers are pushing to restore the six-year statute of limitations on home foreclosures. Last year, New York courts also gave flexibility to lenders and their deadlines. The Foreclosure Abuse Prevention Act (FAPA) is […]
Man Fought His Foreclosure For More Than Two Decades Without Paying A Penny Is An American Hero! A Long Island man fought his foreclosure for over two decades. Unfortunately, he lost the battle. The property owner has evicted him from the property. Guramrit Hanspal became known as America’s Most Famous Squatter by the lending industry. […]
New York Real Estate Values Plummet Because Of COVID-19 And Riots! Is It Time To Escape From New York? New York real estate values continue their descent into chaos! The number of real estate contracts signed for Manhattan apartments plunged 84% in May compared with last year. Experts blame shutdowns to prevent the spread of […]
Lawyers Get Your Briefs In Order! New York Courts Re-Open This week For In-Person Hearings Lawyers and homeowners in foreclosure better be getting ready for battle! The New York Courts are gearing up to get back to business as usual. County-level and city courts in upstate New York and the Hudson Valley are reopening this […]
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