New York is a judicial foreclosure state, so from first missed payment to eviction can take 12–18 months, sometimes longer. But your credit is wrecking itself that entire time.
A short sale takes 3–12 months depending on how fast your lender responds, and there’s no guarantee they’ll approve it. Plus you’re still responsible for the property during the wait.
A faster option is a pre-foreclosure cash sale. You sell before auction, pay off the lender, and avoid both eviction and the short sale credit hit.
Gemhunter Property Solutions can close fast enough to stop foreclosure proceedings before they escalate.
Timeline for foreclosure eviction vs. short sale process
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