Since 1977, Jon Michael Probstein has assisted people and businesses in all matters. In accordance with the Rules of Professional Conduct, this may be deemed "Attorney Advertising". Nothing contained herein should be construed as legal advice. Admitted in New York and Massachusetts. Always consult a lawyer regarding any matter. Call 888 795-4555 or 212 972-3250 or 516 690-9780. Fax 212 202-6495. Email jmp@jmpattorney.com
Wednesday, October 7, 2009
MORTGAGE FORCLOSURE
I recently attended a seminar on mortgage foreclosure workouts and will be discussing same in upcoming blogs. One thing of note - the typical foreclosure action in New York State, from service of papers to foreclosure sale, takes around 500 days. In Nassau County, around two years. In upstate New York, the process is quicker. Most foreclosure actions, at the moment, are in Queens, Nassau and Suffolk.
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