Sell Your Pre-Foreclosure House Fast in New York

New York is a judicial foreclosure state with one of the longest and most procedurally complex foreclosure timelines in the United States — under RPAPL Article 13, the lender must file a lis pendens and summons/complaint in the Supreme Court of the county where the property is located, serve the borrower, and navigate a mandatory settlement conference process (established by CPLR §3408) before even applying for a default judgment, making a contested or simply slow-moving New York foreclosure last 18 to 36 months or more from the first missed payment. New York's 90-day pre-foreclosure notice requirement under RPAPL §1304 means lenders must serve the borrower with a specific notice at least 90 days before filing the lis pendens — adding another three-month buffer that effectively gives New York homeowners more total advance warning than in most states. Despite this extended timeline, the New York pre-foreclosure window is not a period of safety — every month of delay accumulates attorney's fees, lender advances for insurance and taxes, interest at the default rate, and court costs that are added to the judgment and reduce whatever net equity the homeowner might otherwise receive. In New York City's high-equity markets — particularly in Brooklyn, Queens, and the Bronx where generational homeowners may have hundreds of thousands of equity at stake — acting during the pre-foreclosure window rather than waiting for the process to resolve through the courts is both financially and strategically the superior choice.

• Cash offer within 24 hours
• Close in 7 days or on your schedule
• Buy as-is — no repairs required
• We pay all closing costs
• No agents, no commissions