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Brooklyn Foreclosure Rates 2018

  • In NYC foreclosure rates have gone up 31% compared to Q1 of 2017.
  • Brooklyn has seen a 64% increase year-over-year in new foreclosure auctions.
  • Staten Island new foreclosure auctions went up 226% year-over-year.
  • The Bronx has seen a 33% increase year-over-year in new foreclosure auctions.
  • Lis pendens in NYC were down 13% year-over-year across NYC.

With New York Foreclosure proceedings being draped in regulations and laws that differ from jurisdiction to jurisdiction, it’s easy to see how someone without an experienced foreclosure attorney can get lost. Taroff & Taitz, LLP represents mortgage lenders, servicers, and other entities in the foreclosure of commercial and consumer loans.

We understand the ins and outs of the New York foreclosure process and know how to leverage it to the best end result for our clients. Contact Taroff & Taitz, LLP to resolve all of your foreclosure needs.

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