City of Amsterdam, NY · Montgomery County › Foreclosure
Can I Sell My Amsterdam House in Foreclosure?
Our agreement of sale will often get a foreclosure sale postponed so we can close. It doesn't always work, but it works more often than people think.
Yes. A sale may still be possible before a New York mortgage-foreclosure auction if the mortgage payoff and other closing obligations can be covered. The case goes through court, and a referee conducts the sale. After the auction, there is no right to buy the house back. If you want to stop the foreclosure by paying the lender, that requires the full amount owed, including applicable interest, fees, and costs. Follow the dates in your current court papers.
If you live in the property and are in foreclosure or two or more months behind, New York's Home Equity Theft Prevention Act gives you 14 business days to cancel a sale to an investor. That is separate from a court sale date or a property-tax notice.
USA Home Buyers buys houses as-is in the City of Amsterdam and throughout Montgomery County, New York. We buy houses as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us.
Call 888-274-5006 to talk about the house and the notice or deadline you are facing.
We'll give you a written cash offer within 24 hours.
We give written cash offers in 24 hours.
Tell us the property address and what you know about the mortgage or tax notice and its date.
How we help you work toward closing
Call or send the Amsterdam property address, even if you are still gathering court papers. We review the house as-is and give you a written offer and written terms before you commit.
Our agreement of sale will often get a foreclosure sale postponed so we can close. It doesn't always work, but it works more often than people think. We work through the payoff and closing details with the lender and title company.
You don't need to pay off your back taxes before we settle. We buy houses with back taxes and liens — payoffs get handled through the closing, not by you upfront.
Which sale is involved: mortgage foreclosure or tax sale?
A mortgage foreclosure concerns the home loan and proceeds through court. New York Courts explains the mortgage payoff and referee-sale process. A foreclosure or sale for unpaid property taxes is a separate matter with its own notice and dates; a mortgage-case date is not a tax-sale deadline.
Montgomery County directs County-level tax or foreclosure questions to the County Treasurer. The City and County tax bills are separate, so check which office issued your notice. If it concerns City taxes, use the City of Amsterdam tax information. A sale agreement or mortgage-sale postponement does not change a tax notice's deadline.
New York Courts foreclosure judgments, payoff, and referee-sale guidance
If the payoff is the problem
Think the payoff is more than the house is worth? Ask us — we've gotten lenders to come down before.
Ask the lender for a current payoff statement. A title company can review it with the title and lien details, then compare the amounts with the written sale terms and closing figures. Any lender decision depends on the property and case.
What happens next
- Call or send the property address and the mortgage or tax notice, case number, or sale date you have.
- We review the house as-is and give you a written cash offer and written terms before you commit.
- If you choose to proceed, a title company checks ownership, title, payoff information, liens, and closing figures.
- We work toward closing through the title company and check the current sale information for the process named in your notice.
It's real estate. Sometimes there are bumps in the road. We won't disappear when that happens, and we'll be fighting to get this to the closing table.
When you sell to us, we pay the closing costs, including New York State real estate transfer tax and any applicable local real estate transfer taxes. Your mortgage balance, liens, back taxes, and share of current property taxes are separate items reviewed in the closing figures.
You don't need to pay off your back taxes before we settle. We buy houses with back taxes and liens — payoffs get handled through the closing, not by you upfront.
Local offices and official sale information
For a County-level tax or foreclosure notice, contact the Montgomery County Treasurer and check its foreclosure information notice against the parcel and current notice. For a City tax bill, use the City of Amsterdam's tax information. The county lists the City and Town of Amsterdam separately, so confirm the property's jurisdiction before using City-specific tax information.
Questions and contact
Call 888-274-5006 or send the property address in the form. USA Home Buyers buys houses as-is in the City of Amsterdam and Montgomery County, New York.
Use the Amsterdam home-sale net-proceeds calculator to compare your assumptions. It is a planning estimate, not a property-specific offer or payoff figure.
What our sellers say
“LISTEN, PROPERTY TAXES GOT TOO HIGH FOR MY FIXED INCOME. SOLD IT TO THEM. WALKED AWAY WITH CASH. GLAD IT'S OVER.”
“Facing foreclosure ... Very stressful time... They handled it professionally and got me out of the debt...”
“no open houses. no realtors tracking dirt in. just a straight cash sale for our house so we could move. Glad it's over.”
Foreclosure questions for Amsterdam and Montgomery County
Can I sell my Amsterdam house before a New York foreclosure auction?
A sale may still be possible before the mortgage foreclosure auction if the mortgage payoff and other closing obligations can be covered. New York foreclosures go through court, and a referee conducts the sale. After the auction, there is no right to buy the house back. Stopping the foreclosure by paying the lender requires the full amount owed, including applicable interest, fees, and costs.
Does signing an agreement automatically postpone the foreclosure sale?
Our agreement of sale will often get a foreclosure sale postponed so we can close. It doesn't always work, but it works more often than people think. Keep following the date on your current court papers unless the court confirms a change.
Is a mortgage foreclosure the same as a property-tax foreclosure?
No. A mortgage foreclosure concerns the home loan. A tax foreclosure or sale concerns unpaid property taxes and follows its own notice and dates. City and County tax bills are separate in Amsterdam, so check which office issued the tax notice. Do not use a mortgage-case date as a tax-sale deadline.
What if my mortgage payoff is more than my Amsterdam house is worth?
Think the payoff is more than the house is worth? Ask us — we've gotten lenders to come down before. Ask the lender for a current payoff statement so the amount can be reviewed with the written sale terms and title-company closing figures.
If I live in the house, can I cancel a sale to an investor?
If you live in the property and are in foreclosure or two or more months behind, New York’s Home Equity Theft Prevention Act gives you 14 business days to cancel a sale to an investor. This is separate from the dates in a mortgage foreclosure case or a tax-sale notice.
What happens after I contact USA Home Buyers?
Share the Amsterdam property address and the mortgage or tax notice and date you have. We review the house as-is and give you a written cash offer and written terms before you commit. If you decide to proceed, a title company reviews ownership, title, payoff details, and closing figures while we work toward closing.
Ask about an Amsterdam cash offer
Call 888-274-5006 or send the property address and the notice or sale date you are facing.
We'll give you a written cash offer within 24 hours.
We give written cash offers in 24 hours.
Share the address and what you know about the mortgage or tax notice.