The final step in a mortgage foreclosure is a public sale of the property. Until that sale, the homeowner has every right to full How to Face a Foreclosure on Long Island, New York In New York, foreclosure proceedings can take about 455 days (or 15 months) on average, depending on how you respond to the lawsuit.
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When you are included in the lien sale, the City of New York sells your debt to an authorized buyer. The buyer then has the right to collect what you owe. How long can you stay in house during foreclosure? The good news for those who are behind on their mortgages is that the foreclosure process in New York can take months.
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the final step in the foreclosure process. 3. How long does foreclosure take? It takes at least 6 to 8 months for a fore- closure lawsuit to go from summons The foreclosure process in New York took, on average, 1,910 days. Consider talking to a local foreclosure attorney to find out how long a foreclosure will How Long Does Foreclosure Take After Being Served Papers? - CountyOffice.org
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