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Preforeclosurex
has been collecting and analyzing upstate New York foreclosure data
for approximately 5 years giving us a unique perspective on local
foreclosures. During the past 5 years, we have shared our data with
local government officials, lenders, attorneys, property owners and
real estate professionals. Our foreclosure experience, together with
our founder's 15 years experience in the purchasing and servicing
of million dollar debt portfolios, has shown us that one approach to
combating an increase in foreclosure rates is to identify viable
market driven exit strategies prior to a foreclosure sale. Bringing
stakeholders together in a respectful, professional and mutually
beneficial way with the goal of avoiding a completed foreclosure and
minimizing risk to property owners, lenders, investors and the
community is our primary goal. We thank all the property owners,
investors, lenders and our strategic professional partners who have
joined us in this effort.
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