Legal Question in Real Estate Law in New York

Re: buying foreclosed house

It would be highly recommended to retain a lawyer when purchasing ANY propert in NY especially one in foreclosure. We have substantial experience handling these types of cases, however, we would need some more information before making a complete and proper determination. You are welcome to contact us for a free consultation.

Gordon

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Re: buying foreclosed house

In New York it is recommended that you retain a lawyer to purchase a foreclosure.

The lawyer does not help with the inspection of the house. He or she generally helps with making sure you have legal title to the property.

The cost for a lawyer varies. Most lawyers charge a flat fee paid at different intervals during the transaction (ex. the meeting, contract, closing).

Mike.