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Re: Doing due diligence on NY foreclosure law...

Posted by ALBERTO on July 09, 2008 at 7:09 PM

In Reply to: Doing due diligence on NY foreclosure law... posted by Ward-CA- on April 30, 2002 at 6:33 PM

nys dos of lic professional real estate says some minor stuff, but thanks for the research and let us know about it. happy investments
: : 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?
: : Thanks

: =•=•=•=•=•=•=•=•=•=•=

: 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 don’t 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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