Manhattan, NY Lis Pendens

Browse Pre Foreclosure Listings in Manhattan, NY

A lis pendens or pre foreclosure is the formal notice filed by the lender against a homeowner with three months of unpaid mortgage. During the pre foreclosure process the homeowner may try to refinance his mortgage or sell the property in order to fix his credit situation.

Our lis pendens listings are available within 24 to 48 hours of filing and provide investors and brokers with clear and detailed data on pre foreclosed properties in Manhattan, NY:

• Lis pendens property address
• Lis pendens recording date
• Mortgage amount
• Debtor and creditor
• Property photo (NYC and Nassau County)
• Property description
• and more!

Manhattan, NY Lis Pendens Listing Sample

Our Manhattan, NY lis pendens listings are displayed in a simple and easy to use format. In addition to the pre foreclosure listings, we offer you a few useful tools that will help you better organize your potential investments. You can keep private notes on lis pendens properties, create custom lis pendens lists, download the listings in Excel or PDF formats, filter results by building type or mortgage amount or location, search sales comparables of similar properties, and view detailed property reports.

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Investors and Homebuyers Resources

In many cases, for a foreclosure investor, buying a property in lis pendens can prove to be a better deal than buying at auction. Lis pendens properties are often associated with "no money down" deals, because the unique situation of the property owner creates opportunities for creative deal making.

Properties in pre foreclosure give homebuyers and investors a great chance to save or generate money in the real estate market. The owner of a property in lis pendens might be motivated to sell the property before it gets scheduled for a foreclosure auction. This way, if the lender agrees, the three parties can arrange a short sale. The short sale process would be mutually favorable for the parties as it requires less time and it saves the owner from a painful auction process.