Facing Foreclosure or Tax Trouble in New York: A Homeowner’s Options (2026)
If you've fallen behind on your mortgage or your property taxes, take a breath. It's frightening — but in New York you have time, you have rights, and there is free, qualified help available to you right now. This guide lays out your options calmly, so you can decide what's best for your family.
Off Market Investors is a family-owned cash buyer based in Glen Cove, New York. We're not a “foreclosure rescue” service and we never charge upfront fees. Here are your options in New York, explained plainly.
Get Your Free Cash Offer Now!
Fill out this form to get your no-obligation all cash offer started!
Get Your Free Offer TODAY!
Fill In This Form To Get Your No-Obligation All Cash Offer Started!
1. You have time and rights
New York is a judicial-foreclosure state, which means a lender has to go through court — and that takes time. Before any case is filed, you're entitled to a 90-day notice and a list of free housing counselors. The full timeline and your rights: the NY foreclosure timeline & your rights.
2. Free help comes first
Before you make any big decision, talk to a free HOPP housing counselor or attorney. They can help you apply for a loan modification, represent you at the settlement conference, and lay out every option — at no cost. Start at homeownerhelpny.org or call (855) 466-3456.
3. If selling turns out to be the right path
For some homeowners — especially those with equity — selling before an auction is a way to protect that equity and move on cleanly. It's one option, not the only one. How it works and how to keep what's yours: selling before the auction.
4. Behind on property taxes?
Unpaid property taxes follow their own rules in New York, with a redemption window that gives you time to act. What to know in Nassau, Suffolk, and beyond: behind on property taxes in NY.
A calm word about your choices
There are several ways through this — counseling, a loan modification, a repayment plan, reinstatement, refinancing, bankruptcy, or selling — and the right one depends entirely on your situation. We're a cash buyer, so selling is what we do; but we'd genuinely rather you talk to a free counselor first and choose the path that's best for you. If a sale fits, we buy as-is, we can often close before a sale date, and we'll show you your real net (see what it costs to sell in NY). No pressure, ever.
Want To Understand All Your Options? Talk To Us — No Fees, No Pressure
Get Your Free Offer TODAY!
Fill In This Form To Get Your No-Obligation All Cash Offer Started!
General information only, not legal or financial advice. Please talk with a free HOPP counselor or attorney and the NY DFS homeowner resources before making any decision.