What to Know about the Eviction Moratoriums – for Tenants If you are tenant in New York, you may be confused about the various moratoriums mentioned recently in the news. Let’s go over the basics. The New York State COVID-19 Emergency Eviction and Foreclosure Prevention Act On May 4, Governor Andrew Cuomo extended the New… Continue Reading »
Updates for Renters and Homeowners in the COVID Era If you live in New York and are behind on your rent or mortgage payments due to COVID related hardships, here are some things you should know. If You Are a Renter The Federal Eviction Moratorium* was created to help keep renters who were struggling to… Continue Reading »
I’m behind on my mortgage – What are my options? If you’ve been struggling to keep up with your mortgage payments, there are a number of mortgage delinquency programs that might work for you. People fall behind on their mortgage payments for any number of reasons; medical bills, natural disasters, unemployment, divorce and other family… Continue Reading »
What Happens When Your Mortgage Forbearance Program Ends? If you live in New York, and you’re your mortgage forbearance is about to expire, the are a number of things need to know. Running Out of Time If you entered into a mortgage forbearance program last year (whether it was COVID-19 related or not), your forbearance is rapidly… Continue Reading »
My COVID Mortgage Forbearance is Ending – Now What? If you live in New York, and your deadline for mortgage forbearance is rapidly approaching, there are options you should be aware of. What Are Your Options if Your Forbearance is Ending? If you are more financially sound than you were at the beginning of your forbearance, you… Continue Reading »
If you find it difficult to make monthly repayments and you are sure that repaying your mortgage in the future will be very troublesome, then using loan adjustments can help you handle your financial situation in a better way. By reducing the monthly repayment amount and making regular payments to the lender through the Loan Modification process,… Continue Reading »
