If you have received a notice indicating that your mortgage is in foreclosure or may soon be, it is important to understand your rights and responsibilities. There are various programs available at the federal and state level that could assist you in resolving your situation. Even if retaining the home is not possible, there may be options to facilitate a smoother transition, such as through a short sale, deed-in-lieu, or cash for keys settlement.
Helpful Links:
- Counseling Agencies in New York State
- Foreclosure Process Info Sheet for New York State
- General Foreclosure Information Sheet for New York State
- HomeownerHelpNY
- LawHelp
- Legal Service Corporation
- Mandatory Settlement Conference
- Pre-Foreclosure Notice (RPAPL 1304)
- Reverse Mortgage Pre-Foreclosure Notice (RPAPL 1304)
