The Emotional Dilemma
We know it’s not “just a house.” It’s where your children took their first steps. Where you hosted birthdays. That’s why the choice to keep or sell is so personal.
If you’re behind on your mortgage and live on Long Island, you may be wondering how much time you have and what comes next. Understanding the foreclosure timeline is critical — because once deadlines are missed, options narrow quickly.
What Triggers an Auction?
When the court rules in favor of your lender and issues a Judgment of Foreclosure and Sale, an auction date is then set. These typically take place at local courthouses or online.
You’re the Only One Left Holding the Bag
Your parent passed. The house is still full. And guess who’s the only sibling dealing with it? You.
A “Lis Pendens” is Latin for “suit pending.” In foreclosure, it’s the legal filing that signals your lender has started the process to take back your home.
What Is a Short Sale?
A short sale happens when your mortgage lender agrees to let you sell the home for less than what you owe — and forgives the difference.
Why Scammers Target You?
Scammers know you’re under stress, facing deadlines, and unsure of your rights. They use that to pressure, confuse, and steal from you.
What Is It?
It’s a court-mandated meeting between you, your lender, and a court attorney. It’s required in most NY foreclosure cases and usually happens 45–60 days after you’re served.
Risks of Vacant Homes
Code violations
Vandalism and break-ins – Squatters
Water damage, mold, pests
Fast-track to auction
What Date Really Matters?
Most homeowners focus on the Lis Pendens date — but the true countdown starts when a judgment is entered.
The Emotional Dilemma
We know it’s not “just a house.” It’s where your children took their first steps. Where you hosted birthdays. That’s why the choice to keep or sell is so personal.
If you’re behind on your mortgage and live on Long Island, you may be wondering how much time you have and what comes next. Understanding the foreclosure timeline is critical — because once deadlines are missed, options narrow quickly.
What Triggers an Auction?
When the court rules in favor of your lender and issues a Judgment of Foreclosure and Sale, an auction date is then set. These typically take place at local courthouses or online.
You’re the Only One Left Holding the Bag
Your parent passed. The house is still full. And guess who’s the only sibling dealing with it? You.
A “Lis Pendens” is Latin for “suit pending.” In foreclosure, it’s the legal filing that signals your lender has started the process to take back your home.
What Is a Short Sale?
A short sale happens when your mortgage lender agrees to let you sell the home for less than what you owe — and forgives the difference.
Why Scammers Target You?
Scammers know you’re under stress, facing deadlines, and unsure of your rights. They use that to pressure, confuse, and steal from you.
What Is It?
It’s a court-mandated meeting between you, your lender, and a court attorney. It’s required in most NY foreclosure cases and usually happens 45–60 days after you’re served.
Risks of Vacant Homes
Code violations
Vandalism and break-ins – Squatters
Water damage, mold, pests
Fast-track to auction
What Date Really Matters?
Most homeowners focus on the Lis Pendens date — but the true countdown starts when a judgment is entered.
We help Long Island, NY homeowners keep or sell their home. We are empathetic and put your needs first.
The information on this website is for general informational purposes only. We are not attorneys, and nothing on this site should be considered legal, financial, or tax advice. Every homeowner’s situation is different. Always consult with a licensed attorney before making any decisions regarding foreclosure or your property. If needed, we’re happy to refer you to one who may offer a free consultation.
We help Long Island, NY homeowners keep or sell their home. We are empathetic and put your needs first.
The information on this website is for general informational purposes only. We are not attorneys, and nothing on this site should be considered legal, financial, or tax advice. Every homeowner’s situation is different. Always consult with a licensed attorney before making any decisions regarding foreclosure or your property. If needed, we’re happy to refer you to one who may offer a free consultation.
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