What’s a HELOC?

A Home Equity Line of Credit is a second loan secured by your home’s value — often used for renovations or emergencies.

Why It Complicates Foreclosure

• You have two liens to satisfy
• If the first forecloses, the second becomes unsecured — but can still sue

Can You Still Sell? Yes.

Both loans must be paid off, but we help negotiate reduced payoff amounts and coordinate fast closings.

We’ve helped dozens of Long Island homeowners clear two liens and move forward.