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Whether To Bulldoze Your Home During Foreclosure
The Associated Press is reporting that an Ohio man apparently bulldozed his home which was in foreclosure. The first thing I thought when I first heard this story being reported on New York radio was that the man made a mistake by letting his anger and frustration get the better of him. He will still […]
The Court of Appeals and The Right To Redeem During A New York Foreclosure
The general rule in mortgage and tax lien foreclosure proceedings is that the property owner must unconditionally tender the full amount due during the proceeding (before the sale) to redeem. NYCTL 1999-1 Trust v. 573 Jackson Avenue Realty Corp., 13 N.Y.3d 573, …. N.Y.S.2d …. (Dec. 15, 2009). Of course, this doesn’t alter the possibility […]
Whether To Bulldoze Your Home During Foreclosure
/in Foreclosure & Loan Mod Blog /by Scott LaninThe Associated Press is reporting that an Ohio man apparently bulldozed his home which was in foreclosure. The first thing I thought when I first heard this story being reported on New York radio was that the man made a mistake by letting his anger and frustration get the better of him. He will still […]
The Court of Appeals and The Right To Redeem During A New York Foreclosure
/in Foreclosure & Loan Mod Blog /by Scott LaninThe general rule in mortgage and tax lien foreclosure proceedings is that the property owner must unconditionally tender the full amount due during the proceeding (before the sale) to redeem. NYCTL 1999-1 Trust v. 573 Jackson Avenue Realty Corp., 13 N.Y.3d 573, …. N.Y.S.2d …. (Dec. 15, 2009). Of course, this doesn’t alter the possibility […]