Understand Your Mortgage Debt When Faced with Foreclosure

Understand your Mortgage Debt when Faced With Foreclosure Most people take out a mortgage when they buy a house. You probably have a 30 year mortgage, although some mortgages run for shorter term such as 15 years. When you make a mortgage payment, you are likely to be paying for other costs as well, like…

What are My Options to Keep My Home if I’m Behind on My Mortgage?

Many homeowners on Long Island and in the five boroughs find themselves behind on their mortgage payments and at risk of foreclosure. The reasons may be different, but the result is the same. If you are in this situation you may have some options to keep your home, especially if your financial difficulties are temporary.…