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Foreclosure Forum |
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Doing due diligence on NY foreclosure law...In Reply to: NY Foreclosure Law posted by chalazion on April 30, 2002 at 12:17 AM
: Ward I was skimming through NY State Laws on Real Property and foreclosure procedure (http://assembly.state.ny.us/leg/?cl=100&a=1) I didn't pick up on any statues against investors who purchase equity/property from distressed sellers in foreclosure/preforeclosure. Did I miss something or should I be looking at NY City laws? =========== Chalazion, I would be surprised if NY had the kind of laws in this area that CA does. But I congratulate you on doing your due diligence and just checking it out anyway. So no, I dont think you missed anything nor do I think that NYC has any more laws in this area that the State of NY does. Good luck.
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