889 Main St., Farmingdale, NY 11735
(631) 623.2535
Resolving Foreclosures

Ultimately, the best avenue in resolving an extended foreclosure proceeding is by listing and selling the property. The debt is paid, the lender is satisfied and the borrowers can begin the process of repairing their credit to enable them to once again be mortgageable.

Maximize the Equity in Your Property

Let us show you how you can be a beneficiary even if your property is in foreclosure.

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About Us

Let Us Put Our Experience to Work For You


We are Realtors®, with a combined 35 years of distressed property experience both in the legal and real estate fields.


Our representation has included investors, REO firms and residential property owners and buyers in the sale and purchase of properties.


Put our vast experience and knowledge to work for you today.


We understand foreclosures and bankruptcy proceedings, probably unlike any other real estate service, due to our background, education, experience and acquired knowledge.

We are SFR® certified in Short Sales and Foreclosures by the National Association of Realtors.

Find out how our dedication to providing the best professional real estate services can help you seamlessly achieve your goals.


Whether it is a Short Sale or Traditional Sale we are uniquely positioned to provide the best guidance tailored to your particular situation.

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OUR AFFILIATIONS

WE ARE REALTORS®

We are members of NYS MLS, One Key MLS, National Association of Realtors and The New York Association of Realtors

Commitment

Our Vision

To put all our efforts and energy towards realizing positive and substantial benefits for our clients who, previous to engaging our services, were facing some very difficult times. Our slogan is, and has been:

Stop the Sale – Close the Deal

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Foreclosures

Not every foreclosure is a short sale nor does it need to be to take advantage of our real estate expertise acquired over decades. Whether there is a new default or years of arrears have accumulated we will know how to handle the marketing and sale of the property.

We Strive to Maximize $$$

We know how to handle the marketing of the property in order to maximize the monetary return. If there are liens to be resolved we will negotiate with the creditor(s) to reach a resolution in your favor.

Stay In The Property

Under an approved short sale agreement with the lender there is no need to prematurely move. As with any other sale, the seller will move at an agreed upon time in or around the time of closing. Bear in mind that the lender would rather have you marketing and selling the property (short sale or traditional sale) versus them going thru foreclosure and eviction proceedings.

Let Us Simplify the Sales Process for You.

Our Expertise will take the burden off your shoulders. Let us show you how we can resolve your foreclosure proceeding and in the case of a Short Sale at no cost to you.

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        FORECLOSURE RESOLUTION

        Foreclosure Resolution Options

        There are several ways to resolve a foreclosure. Paying all the arrears and accumulated costs and expenses to the lender, modifying the loan by agreement with the lender, filing a Chapter 13 Bankruptcy Proceeding, litigating the foreclosure action, or selling the property.

        Litigation
        • Expensive
        • Uncertain Outcome
        • Requires Legitimate Defense
        • Time Consuming
        • Stressful
        • Requires Retaining Counsel
        • Requires money up front
        • Responsible for Lender’s Attorney Fees & Costs
        • Increases Debt owed to Lender
        • Results Many Times are Negligible
          Selling
          • Resolves Foreclosure
          • Improves Credit
          • No Deficiency Judgment
          • Move on Your Schedule
          • Easier to Purchase Property in the future
          • No Foreclosure on Record
          • No Money Outlay
          • Obtain Balance of Equity in Property
            • If a Short Sale Receive Money for Moving Expenses
          • All Obligations Satisfied
            • 10% Fee to Trustee
            • High Dismissal Rate
              • Loss of Monies Paid In When Dismissed
            • Requires Additional Monthly Income
              • Needs Steady Stream of Additional Income Over 5 Years
            • Difficult to Comply With All Requirements
            • To Successfully Navigate Requires Retention of Counsel
              • High Legal Fees

              Ronald B. Losner
              Ronald B. Losner

              Rensol Properties, Ltd., Broker

              Our commitment is to our clients. To see them reach their goals and we will work tirelessly every minute to that end.

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