pre-foreclosure

What is a Pre-Foreclosure in New York?

By Alan / January 2, 2018 /

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in New York anyway? Many homeowners across America and New York are facing difficulties in making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the…