What's New

As of February 1, 2007, certain sales of homes that are in foreclosure or default are now governed by a New York State law under the Home Equity Theft Prevention Act. This law is to proctect the rights of a home owner who has a home in default or forclosure from unethical buyers or  real estate investors.

If you are a home owner and your mortgage is in default or foreclosure, you should know what your rights are if you enter into a contract with a buyer who claims he/she wants to help you out of your bad situation.

You can contact the New York State Banking Department online: www. banking.state.ny.us or call toll free Banking Department's Consumer's Helpline at 1-877-226-5697.  

If you would like a free copy of the Home Equity Theft Prevention Act mailed to you at no cost or obligation, call Laura Radford Realty: 1-585-436-8889