NY Foreclosure 911 specializes in acquiring distressed properties. NY Foreclosure 911 identifies properties in default, thoroughly reviews the equitable viability and negotiates the purchase of the properties in default with the bank(s) holding the note.
NY Foreclosure 911 was loosely formed by Mr. Villagómez in 2006 as a result of ARMs readjusting their rates causing a proliferation of foreclosures on ill prepared speculators unable to meet their obligations. NY Foreclosure 911 evolved the purchase of properties in foreclosure with the change of laws in New York.
NY Foreclosure 911 also provides advice to real estate owners in default, assists them to find the proper resource to either sell or maintain their property, and/or to secure a loan modification.