This form is a sample letter in Word format covering the subject matter of the title of the form.
Judgment Lien Forms Foreclose In Nassau
Category:
State:
Multi-State
County:
Nassau
Control #:
US-0025LTR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
Visit your county recorder's office and look for properties with a notice of default or notice of sale. These are public notices that are given to homeowners in the pre-foreclosure process.
Some banks — especially larger ones — list inventory of foreclosed properties on their websites. The sites are generally searchable by state and city and include prices, photos, descriptions and agent contact information for each listing.
Throughout the foreclosure process, various legal notices must be filed in your County Recorder's Office. This information is public record and available to anyone. Just visit your county's office and you can search for a Notice of Default (NOD), lis pendens or Notice of Sale.
Most foreclosures are public records, requiring a notice of default to be filed against the property. A title co can help with that.
You can check with the county auditor or recorder or clerk's office to see if there has been a notice of default filed or a lis pendens if it is going to be a judicial foreclosure. If the lender is serious about foreclosing, they must do this first.
Generally, the legal foreclosure process can't start until you are at least 120 days behind on your mortgage. After that, once your servicer begins the legal process, the amount of time you have until an actual foreclosure sale varies by state. If you are having trouble making your mortgage payments, act quickly.
For Residential Cases. Lender must mail you information on getting help at least 90 days before starting a court case. Lender asks court for a judgment on default and to appoint a Referee to decide the amount you owe and write a report. Lender asks court to accept the Referee's findings. Judge orders sale of your home.
Missed Mortgage Payments If you have fallen behind 1 to 2 months in payment, the mortgage holder will tell you that they will start the foreclosure process for your home. You will get a 90 Day Pre-Foreclosure Notice in the mail. You will have a chance to get help and try to recover before a court case is started.
For example, New York State's pre-foreclosure process often lasts more than 13 months. That's because New York only allows judicial foreclosures (i.e., lenders must go through the courts to initiate foreclosures at all).
Unfortunately New York State does NOT have a right of redemption period post foreclosure sale. Once the property is sold at the public auction to the highest bidder, the original foreclosed owner has no right to satisfy the entire amount owed the lender.
