: Real estate wholesalers and local attorneys often have access to lists of distressed properties before they become public.
Since these homes are not yet listed on the open market, you must "hunt" for them using public records: how to buy a pre foreclosure in ny
Pre-Foreclosure Notice Filing Information - Instructions - NY DFS : Real estate wholesalers and local attorneys often
Buying a pre-foreclosure in New York involves purchasing a property directly from a homeowner who is in default but hasn't yet lost the home at a court-ordered auction. Because New York is a judicial foreclosure state, the process is long, giving buyers a window to negotiate with owners before a judge signs a final judgment. 1. Find Pre-Foreclosure Leads Conduct Deep Due Diligence : Search the county
: Use sites like Zillow , Mashvisor , or Foreclosure.com to find aggregated pre-foreclosure data. 2. Conduct Deep Due Diligence
: Search the county recorder's office for a Lis Pendens (notice of pending legal action), which signifies the lender has officially started the foreclosure process.