What is Loss Mitigation and How Can I Try to Save My Home? – Navigating the Financial Storm with Dena Ghobashy, Esq.

Loss Mitigation is a process available in the Bankruptcy Court of the Southern District of New York to attempt to help bankruptcy Debtors save their home from foreclosure by finding a solution for their mortgage arrears. The Loss Mitigation process occurs in conjunction with or during the bankruptcy petition filing and is for the […]

Read more
Contemporary Colonial Luxury Home in Poughkeepsie, New York by Toni Anne Perry, Licensed RE Salesperson, Alexander Maxwell Realty Photography by Maxwell Alexander, Duncan Avenue Group

Forbearance, Foreclosure and Home Selling in 2021 – Real Estate 101 with Toni Ann Perry

First and foremost, before forbearance or foreclosure – talk to your lending institution!  An open dialog with your lender may quell many problems before they happen; they are not there to scold or judge, just to help. What is mortgage forbearance?  The simplified answer, according to consumerfinance.gov: forbearance is when your mortgage servicer or […]

Read more