Tag Archive: Foreclosure


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What is foreclosure?

A foreclosure is a state when a property is being sold because the owner fails to pay the principals or interests of the property.

Stages of foreclosure

Notice of Default (NOD):

When a owner fails to pay the mortgage the lender will ask for NOD. This will in effect put the home owner in notice that there property will enter a state of foreclosure

Notice of Sale:

If the home owner doest not fix the NOD then they will the home owner will receive a notice of sale. This notice will be then attached to the property and it will go to the County record’s Office. County record office will put this foreclosed property in local news papers over a period of three weeks.

Trustee Sale:

They will happen at the local county court house at the designated time in Notice of Sale. At the trustee sale the property is sold to the highest bidder, who must pay the bid price in cash.

What is a foreclosure auction?

Once the property is in auction the lender sets the price for the property, which is also called as the opining bid

The opening bid is usually decided by the amount of the loan balance, interest accrued, and any other additional fees associated with the attorneys dealt with Trustee Sale.

When does REO come into action?

In case of where there are no bids higher than opening bids than the property is purchased by the attorney conducting the sale, for the lender. If this case occurs then the property becomes an REO or Real Estate Owned. In most of the cases these occurs because the property is not worth the price of the opening bids or the total amount owed to a bank or lender.

When you purchase a property at one of these sales all liens other than the property taxes are wiped out for the customer. When a customer purchases a REO a.k.a.Bank Owned property , you will typically receive the property with a clean title.

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Our legal services that we offer:

Legal Services

NYOR has legal counsel in house, in order to make things easier and quicker for you, our clients! With over 30 years of legal experience and with their convenient location (just down the hall) the speed at which foreclosures, evictions, closings, and addendums, as well as all other legal aspects are accomplished is incredible. The firm handles all types of lending transactions, from complex commercial financial deals to residential mortgage loans.

We invite you to learn more about our legal expertise. Give us a Call Today!  

Our Legal Services that covers the following areas of expertise
Foreclosure Court Appearances
Cash for Deeds Legal Research
Evictions Closings
Cash for Keys Short Sales

Great job Great Company in the foreclosure market

Would you like a career opportunity in the Fastest Growing Foreclosure real estate industry?
Learn from a leader in the industry NyOnlineRealty.com
We are a successful Real Estate Property Owner and Foreclosure Management firm located in Massapequa Park, NY. We are seeking NEW and EXPERIENCED sales associates to become a part of our growing company.
If you are looking for a full-time career, NyOnlineRealty.com has a solution for you! Work as a full time Foreclosure real estate agent and enjoy unlimited income potential.
NyOnlineRealty.com’s Advantages Include:
Foreclosure Listings
Foreclosure listings refer to bank and government seized real estate for sale. We gather and compile this listing information from hundreds of foreclosing lenders and government agencies and provide them to our subscribers in a uniform and easy to use format. Our database of foreclosure listings includes HUD homes, government foreclosures, bank owned properties, lender foreclosed real estate and much more.
Tax Liens
Tax liens are claims placed on properties by governmental authorities for unpaid taxes. Investors are attracted to tax lien investments because of the high rates of return that can be realized. Real estate agents and Realtors can also use this information to harvest leads on distressed properties which may become available for sale in the near future.
Pre foreclosures
In states that follow judicial foreclosure action, pre foreclosures represent properties whose owners are in default of their mortgage obligations but who still retain title to their properties. This is a great source of leads for both investors and Realtors who may be looking for motivated owners wanting to sell before losing their properties to foreclosure.
Bankruptcy Property Listings
Bankruptcy properties represent real estate seized by the courts following insolvency of the owner. Our bankruptcy property listings provide home buyers and investors the opportunity to buy real estate at a fraction of market value.
Deals or Fixer Upper Homes
We also list properties that are discounted well below market value because they are in need of repairs. These are mostly fixer upper properties that appeal to buyers looking for low cost homes which can be refurbishing. Many real estate investors are also interested in those types of properties which can be renovated and rented or flipped for a nice profit.
Located in Massapequa Park, New York, NyOnlineRealty.com offers a competitive salary and profit sharing package, along with a casual yet fast-paced work environment. To apply for this position, please click on the link below or send your resume in Word format only to Destiny@nyonlinerealty.com
NyOnlineRealty.com is an Equal Opportunity Employer

WOW Great job Great company in the foreclosure market

Would you like a career opportunity in the Fastest Growing Foreclosure real estate industry?

Learn from a leader in the industry NyOnlineRealty.com

We are a successful Real Estate Property Owner and Foreclosure Management firm located in Massapequa Park, NY. We are seeking NEW and EXPERIENCED sales associates to become a part of our growing company.

If you are looking for a full-time career, NyOnlineRealty.com has a solution for you! Work as a full time Foreclosure real estate agent and enjoy unlimited income potential.

NyOnlineRealty.com’s Advantages Include:

Foreclosure Listings

Foreclosure listings refer to bank and government seized real estate for sale. We gather and compile this listing information from hundreds of foreclosing lenders and government agencies and provide them to our subscribers in a uniform and easy to use format. Our database of foreclosure listings includes HUD homes, government foreclosures, bank owned properties, lender foreclosed real estate and much more.

Tax Liens

Tax liens are claims placed on properties by governmental authorities for unpaid taxes. Investors are attracted to tax lien investments because of the high rates of return that can be realized. Real estate agents and Realtors can also use this information to harvest leads on distressed properties which may become available for sale in the near future.

Pre foreclosures

In states that follow judicial foreclosure action, pre foreclosures represent properties whose owners are in default of their mortgage obligations but who still retain title to their properties. This is a great source of leads for both investors and Realtors who may be looking for motivated owners wanting to sell before losing their properties to foreclosure.

Bankruptcy Property Listings

Bankruptcy properties represent real estate seized by the courts following insolvency of the owner. Our bankruptcy property listings provide home buyers and investors the opportunity to buy real estate at a fraction of market value.

Deals or Fixer Upper Homes

We also list properties that are discounted well below market value because they are in need of repairs. These are mostly fixer upper properties that appeal to buyers looking for low cost homes which can be refurbishing. Many real estate investors are also interested in those types of properties which can be renovated and rented or flipped for a nice profit.

Located in Massapequa Park, New York, NyOnlineRealty.com offers a competitive salary and profit sharing package, along with a casual yet fast-paced work environment. To apply for this position, please click on the link below or send your resume in Word format only to Destiny@nyonlinerealty.com

NyOnlineRealty.com is an Equal Opportunity Employer.

Would you like a career opportunity in the Fastest Growing Foreclosure real estate industry?

Learn from a leader in the industry NyOnlineRealty.com

We are a successful Real Estate Property Owner and Foreclosure Management firm located in Massapequa Park, NY. We are seeking NEW and EXPERIENCED sales associates to become a part of our growing company.

If you are looking for a full-time career, NyOnlineRealty.com has a solution for you! Work as a full time Foreclosure real estate agent and enjoy unlimited income potential.

NyOnlineRealty.com’s Advantages Include:

Foreclosure Listings

Foreclosure listings refer to bank and government seized real estate for sale. We gather and compile this listing information from hundreds of foreclosing lenders and government agencies and provide them to our subscribers in a uniform and easy to use format. Our database of foreclosure listings includes HUD homes, government foreclosures, bank owned properties, lender foreclosed real estate and much more.

Tax Liens

Tax liens are claims placed on properties by governmental authorities for unpaid taxes. Investors are attracted to tax lien investments because of the high rates of return that can be realized. Real estate agents and Realtors can also use this information to harvest leads on distressed properties which may become available for sale in the near future.

Pre foreclosures

In states that follow judicial foreclosure action, pre foreclosures represent properties whose owners are in default of their mortgage obligations but who still retain title to their properties. This is a great source of leads for both investors and Realtors who may be looking for motivated owners wanting to sell before losing their properties to foreclosure.

Bankruptcy Property Listings

Bankruptcy properties represent real estate seized by the courts following insolvency of the owner. Our bankruptcy property listings provide home buyers and investors the opportunity to buy real estate at a fraction of market value.

Deals or Fixer Upper Homes

We also list properties that are discounted well below market value because they are in need of repairs. These are mostly fixer upper properties that appeal to buyers looking for low cost homes which can be refurbishing. Many real estate investors are also interested in those types of properties which can be renovated and rented or flipped for a nice profit.

Located in Massapequa Park, New York, NyOnlineRealty.com offers a competitive salary and profit sharing package, along with a casual yet fast-paced work environment. To apply for this position, please click on the link below or send your resume in Word format only to Destiny@nyonlinerealty.com

NyOnlineRealty.com is an Equal Opportunity Employer.

We are a successful Real Estate Property Owner and Foreclosure Management firm located in Massapequa Park, NY. We are seeking a full-time/Part Time, hard-working, energetic and well organized Marketing personnel and Manager.

This candidate must be a detail oriented and independent self-starter with the ability to prioritize and operate in a small office environment. This candidate must be able to multi-task with the ability to conduct business in a fast-paced environment with strict deadlines

This individual may possess some real estate background.

The Marketing Manager is responsible for strategizing and marketing to translate sales objectives into powerful multi-tiered marketing programs that accelerate awareness and create demand for NyOnlineRealty.com’s offerings. This individual will be directly responsible for all project tasks, financial and the ultimate success/ROI of the programs assigned. This resource will also develop and establish day-to-day processes and programs for assigned initiative area(s).

Responsibilities:
Possess a general understanding of Foreclosures and the industry.
Oversee and complete all marketing program tasks/deliverables related to the programs assigned to ensure on-time delivery and quality of content.
Translate program strategy into measurable program results.
Negotiates and manages vendor and partner agreements.
Ensure that the assigned marketing programs deliver the expected operational, business and financial outcomes that were originally forecast.
Overall budget management, tracking and presentation of program ROI to Field Marketing Management team.
Leverages marketing communications expertise to drive Banks to do business with NyOnlineRealty.com
Drive fully integrated marketing programs utilizing several elements of the marketing mix.
Develop programs that are multi touch, multi channel and that leverage online marketing including social media.
Become a business partner with the various corporate and Field Marketing stakeholders to create marketing programs that solve business challenges.

Skills:
Strategic development of end-to-end programs.
Demonstrated ability to drive and execute successful demand generation programs.
Adopts role as consultant and influencer.
Committed to addressing needs of internal and external customers.
Possess strong product / technology / industry knowledge.
Can articulate company goals and objectives and business impact.
Taking initiative / identifying opportunities and independently pursuing.
Managing projects and budgets.
Ability to constantly evaluate marketing programs and modify both current and future activities to improve overall business impact.

This candidate must have excellent written and telephone communication skills. Strong computer knowledge and experience with communicating is a must!

If you meet all the requirements included within this job posting we welcome you to apply now and email your resume to destiny@nyonlinerealty.com.

This is an excellent opportunity and offers a competitive salary.

Would you like a career opportunity in the Fastest Growing Foreclosure real estate industry?

Learn from a leader in the industry NyOnlineRealty.com

We are a successful Real Estate Property Owner and Foreclosure Management firm located in Massapequa Park, NY. We are seeking NEW and EXPERIENCED sales associates to become a part of our growing company.

If you are looking for a full-time career, NyOnlineRealty.com has a solution for you! Work as a full time Foreclosure real estate agent and enjoy unlimited income potential.

NyOnlineRealty.com’s Advantages Include:

Foreclosure Listings

Foreclosure listings refer to bank and government seized real estate for sale. We gather and compile this listing information from hundreds of foreclosing lenders and government agencies and provide them to our subscribers in a uniform and easy to use format. Our database of foreclosure listings includes HUD homes, government foreclosures, bank owned properties, lender foreclosed real estate and much more.

Tax Liens

Tax liens are claims placed on properties by governmental authorities for unpaid taxes. Investors are attracted to tax lien investments because of the high rates of return that can be realized. Real estate agents and Realtors can also use this information to harvest leads on distressed properties which may become available for sale in the near future.

Pre foreclosures

In states that follow judicial foreclosure action, pre foreclosures represent properties whose owners are in default of their mortgage obligations but who still retain title to their properties. This is a great source of leads for both investors and Realtors who may be looking for motivated owners wanting to sell before losing their properties to foreclosure.

Bankruptcy Property Listings

Bankruptcy properties represent real estate seized by the courts following insolvency of the owner. Our bankruptcy property listings provide home buyers and investors the opportunity to buy real estate at a fraction of market value.

Deals or Fixer Upper Homes

We also list properties that are discounted well below market value because they are in need of repairs. These are mostly fixer upper properties that appeal to buyers looking for low cost homes which can be refurbishing. Many real estate investors are also interested in those types of properties which can be renovated and rented or flipped for a nice profit.

Located in Massapequa Park, New York, NyOnlineRealty.com offers a competitive salary and profit sharing package, along with a casual yet fast-paced work environment. To apply for this position, please click on the link below or send your resume in Word format only to Destiny@nyonlinerealty.com

NyOnlineRealty.com is an Equal Opportunity Employer.

Would you like a career opportunity in the Fastest Growing Foreclosure real estate industry?

Learn from a leader in the industry NyOnlineRealty.com

We are a successful Real Estate Property Owner and Foreclosure Management firm located in Massapequa Park, NY. We are seeking NEW and EXPERIENCED sales associates to become a part of our growing company.

If you are looking for a full-time career, NyOnlineRealty.com has a solution for you! Work as a full time Foreclosure real estate agent and enjoy unlimited income potential.

NyOnlineRealty.com’s Advantages Include:

Foreclosure Listings

Foreclosure listings refer to bank and government seized real estate for sale. We gather and compile this listing information from hundreds of foreclosing lenders and government agencies and provide them to our subscribers in a uniform and easy to use format. Our database of foreclosure listings includes HUD homes, government foreclosures, bank owned properties, lender foreclosed real estate and much more.

Tax Liens

Tax liens are claims placed on properties by governmental authorities for unpaid taxes. Investors are attracted to tax lien investments because of the high rates of return that can be realized. Real estate agents and Realtors can also use this information to harvest leads on distressed properties which may become available for sale in the near future.

Pre foreclosures

In states that follow judicial foreclosure action, pre foreclosures represent properties whose owners are in default of their mortgage obligations but who still retain title to their properties. This is a great source of leads for both investors and Realtors who may be looking for motivated owners wanting to sell before losing their properties to foreclosure.

Bankruptcy Property Listings

Bankruptcy properties represent real estate seized by the courts following insolvency of the owner. Our bankruptcy property listings provide home buyers and investors the opportunity to buy real estate at a fraction of market value.

Deals or Fixer Upper Homes

We also list properties that are discounted well below market value because they are in need of repairs. These are mostly fixer upper properties that appeal to buyers looking for low cost homes which can be refurbishing. Many real estate investors are also interested in those types of properties which can be renovated and rented or flipped for a nice profit.

Located in Massapequa Park, New York, NyOnlineRealty.com offers a competitive salary and profit sharing package, along with a casual yet fast-paced work environment. To apply for this position, please click on the link below or send your resume in Word format only to Destiny@nyonlinerealty.com

NyOnlineRealty.com is an Equal Opportunity Employer.

Good Day:

                In today’s fast-moving world, it’s no longer enough to be on the cutting edge of change. The world is changing so fast that to be truly successful you must stay ahead of change. We have just opened our new state-of-the-art facility and are in the process of improving our marketing plan to better service your company’s needs. We continuously work on the sale of Bank Owned Properties (REO’s) and do so successfully. We are the Foreclosure Management Specialist.

Each of us needs the assistance and cooperation of others to reach our goals. NyOnlineRealty.com is that assistance. With your cooperation and our precise expertise in Foreclosure Marketing, we will both achieve our common goal to expeditiously and effectively transform your REOs into working capital. In this ever changing market you need a professional who concentrates only on the marketing of REOs. NyOnlineRealty.com is committed to the highest standards of professionalism and customer service. Our track record is impeccable and our service is outstanding. Our efforts on your behalf, will be to obtain the maximum market value in the least possible time. What does this mean to you? It means getting your properties SOLD and SOLD FAST!!!

Communication with you and your company will be on a consistent basis. The SALE of your Bank’s REOs will be my prime responsibility supported by the NyOnlineRealty.com team. If you’re interested in turning your REO portfolio into working CAPITAL, Try us, You’ll Like us! Our telephone number is (516) 798-3000.

 TAKE ACTION TODAY!

Mark R.A. Arenella

“Mr. Destiny”

Lic. Broker / Owner

 

 “The Future Belongs to those who Persistently Stretch out to see in it.”

Real Estate Foreclosure Sales Associate

Would you like a career opportunity in the Fastest Growing Foreclosure real estate industry?

Learn from a leader in the industry – NyOnlineRealty.com

We are a successful Real Estate Property Owner and Foreclosure Management firm located in Massapequa Park, NY. We are seeking NEW and EXPERIENCED sales associates to become a part of our growing company.

If you are looking for a full-time career, NyOnlineRealty.com has a solution for you! Work as a full time Foreclosure real estate agent and enjoy unlimited income potential.

NyOnlineRealty.com’s Advantages Include:

Foreclosure Listings

Foreclosure listings refer to bank and government seized real estate for sale. We gather and compile this listing information from hundreds of foreclosing lenders and government agencies and provide them to our subscribers in a uniform and easy to use format. Our database of foreclosure listings includes HUD homes, government foreclosures, bank owned properties, lender foreclosed real estate and much more.

Tax Liens

Tax liens are claims placed on properties by governmental authorities for unpaid taxes. Investors are attracted to tax lien investments because of the high rates of return that can be realized. Real estate agents and Realtors can also use this information to harvest leads on distressed properties which may become available for sale in the near future.

Pre foreclosures

In states that follow judicial foreclosure action, pre foreclosures represent properties whose owners are in default of their mortgage obligations but who still retain title to their properties. This is a great source of leads for both investors and Realtors who may be looking for motivated owners wanting to sell before losing their properties to foreclosure.

Bankruptcy Property Listings

Bankruptcy properties represent real estate seized by the courts following insolvency of the owner. Our bankruptcy property listings provide home buyers and investors the opportunity to buy real estate at a fraction of market value.

Deals or Fixer Upper Homes

We also list properties that are discounted well below market value because they are in need of repairs. These are mostly fixer upper properties that appeal to buyers looking for low cost homes which can be refurbishing. Many real estate investors are also interested in those types of properties which can be renovated and rented or flipped for a nice profit.

Located in Massapequa Park, New York, NyOnlineRealty.com offers a competitive salary and profit sharing package, along with a casual yet fast-paced work environment. To apply for this position, please click on the link below or send your resume in Word® format only to Destiny@nyonlinerealty.com

NyOnlineRealty.com is an Equal Opportunity Employer