New Milford, NJ asked in Real Estate Law for New York

Q: if my co-op went into foreclosure 2002 2004 i have not received any notice of what bank took over still living there ??

what are my options now the co-op is in westchester new york

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2 Lawyer Answers
Elaine Shay
Elaine Shay
PREMIUM
Answered
  • New York, NY
  • Licensed in New York

A: Unfortunately, you haven't provided enough information to receive meaningful guidance. Are you the owner or a subtenant? What do you want to do?

Michael David Siegel
Michael David Siegel
Answered
  • New York, NY
  • Licensed in New York

A: Do you mean your apartment was foreclosed, or the whole co-op was foreclosed? If the former, I assume you got nothing and there is no surplus. If there is, you can claim it. The sale price will be recorded in the Westchester county clerk. If the latter, it is more complicated.

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