Frequently Asked Questions
Your Questions Answered by a 16-Year Foreclosure Specialist
💰 "How much does this cost me?"
FREE Consultations: Our 15 and 30-minute calls are completely free with no obligation.
$30 Complete Package: Full property analysis + written cash offer + 1-hour consultation + document package.
If We Buy Your House: $0 to you. We pay all closing costs. You walk away with cash.
If We Represent Your Short Sale:
- $1,500 upfront (secures your spot, starts negotiations)
- $2,000-3,000 at closing (only if successful)
- Total: $3,500-4,500 maximum
Compare: The average foreclosure costs $58,000+ in fees, legal costs, and credit damage. Our short sale service saves you tens of thousands while protecting your credit.
⏰ "How fast can you help me?"
48 Hours
Cash Offer
7-30 Days
Cash Closing
60-90 Days
Short Sale Approval
Compare: The average NY foreclosure takes 445 days from first missed payment to auction. We get you out in 30-90 days.
📉 "Will this hurt my credit?"
✓ Cash Sale (Best Option)
Credit Impact: ZERO
Why: Voluntary sale before foreclosure. Shows as "paid in full" or "settled."
⚠️ Short Sale (Good Option)
Credit Impact: -50 to -150 points (temporary)
Why: Shows as "settled for less than owed" but NOT a foreclosure.
Recovery Time: 12-24 months to rebuild credit
❌ Foreclosure (Worst Option)
Credit Impact: -250 to -300 points
Duration: Stays on credit report for 7 years
Consequences: Can't get mortgage for 3-7 years, harder to rent, higher insurance rates, job applications affected
Bottom Line: A short sale hurts MUCH less than foreclosure, and a cash sale doesn't hurt at all.
❓ "What if I owe more than my house is worth?"
That's called being "underwater"—and it's our specialty. We've done this successfully for 16+ years.
Example Scenario:
You owe: $350,000
House worth: $275,000
You're underwater: $75,000
In a short sale, we negotiate with your lender to:
- Accept less than you owe (in this case, $275,000 instead of $350,000)
- Waive the deficiency (you don't owe the $75,000 difference)
- Release the lien (you're free and clear)
Result: You walk away with $0 owed. Clean slate. We handle ALL the negotiations with the lender.
This is exactly what we've done 75+ times for families just like yours. The lenders WILL work with us because it costs them less than foreclosure too.
🏡 "Can you really buy my house with code violations?"
YES. Absolutely.
We specialize in properties that other investors RUN from:
✓ No Certificate of Occupancy
✓ Illegal conversions
✓ Multiple code violations
✓ Major structural repairs needed
✓ Squatter situations
✓ Fire damage / water damage
✓ Hoarder cleanouts
✓ Foundation issues
We buy AS-IS. You don't fix ANYTHING. We handle all the headaches after closing.
Why? Because we're investors and contractors. We know how to fix these issues profitably. That's our business—not yours.
⏰ "What happens if my auction date is soon?"
Here's what we can do even with a close auction date:
- Request Emergency Adjournment – We contact your attorney or work with our partner attorneys to get the auction postponed (usually 30-90 days)
- Start Immediate Negotiations – We begin talking to the lender RIGHT AWAY about a short sale or settlement
- Submit Cash Offer – If we're buying, we can submit an offer within 48 hours and close in 7-30 days
- File Emergency Motions – Our partner attorneys can file legal motions to buy more time if needed
Critical: Time is your enemy. Every day matters. Even if your auction is next week, call us TODAY. We've stopped auctions with 72 hours notice before.
Don't give up. Don't assume it's too late. CALL NOW.
✓ "Are you licensed and legit?"
YES. Here's exactly who we are:
📋 Our Credentials:
- Former NY Licensed Real Estate Sales Agent (16+ years experience)
- REO, Short Sales & Investment Sales Specialist
- Business Manager at All Phases Realty
- Working with Broker Owner Gina Marchese
- Active Real Estate Investor (we have cash to buy)
- 75+ Families Successfully Helped
🤝 Our Strategic Partnerships:
Real Estate Partner:
- All Phases Realty (Broker: Gina Marchese)
Foreclosure Attorney Network:
- Camp Law Group
- Edison Coley Law
- Marc Gershman Law
- Thomas Zepf Law
Private Lending Network:
- 4 Private Hard Money Lenders for fast closings
Want proof? View my Zillow profile & sales history →
Licensed & Insured | Suffolk & Nassau Counties
Also serving: Kings, Queens, Manhattan, Bronx, Westchester, Orange, Ulster, Rockland, Dutchess, Richmond
Still Have Questions?
Book a free consultation and get personalized answers for YOUR situation
BOOK YOUR FREE CONSULTATION NOWOr Call: (631) 575-7933