Foreclosure Auction Schedules

FAQs

How often is the Foreclosure Auction Schedules updated and when will the updates arrive?
You will receive a new edition by email every Friday evening by 7:00 PM.

What software do I need to read and use the Foreclosure Auction Schedule file?
The Foreclosure Auction Schedule is sent as an email attachment in PDF file format. PDF files opened are used with Adobe Acrobat, a free software program that is usually preinstalled on most computer systems. Should you need the software, you can download it free of charge from the Adobe Corporation website. Click here to download it now.

Can I get a free sample of the Foreclosure Auction Schedule in PDF file format before I sign up?
Yes, you can! Click here to download samples.

Who do I contact if my weekly Foreclosure Auction Schedule email does not arrive?
You can send an e-mail to missing@nyforeclosures.com or you can call 718-335-3908.

Who do I contact if I have a technical problem with the PDF file?
You can send an e-mail to support@nyforeclosures.com or you can call 718-335-3908.

What areas does PROFILES PUBLICATIONS, INC. cover?
Profiles Publications publishes weekly Foreclosure Auction Schedules for the QUEENS, BROOKLYN, MANHATTAN, BRONX and STATEN ISLAND boroughs of New York City.

I don’t want all the boroughs; can I just order the boroughs I need?
YES, Profiles Publications weekly Foreclosure Auction Schedules are published in borough-specific editions, so you can order any combination of the five boroughs that fits your needs!

What types of foreclosures will I find on the FORECLOSURE AUCTION SCHEDULE?
Profiles’ Foreclosure Auction Schedules contain all properties scheduled for foreclosure auction due to non-payment of a mortgage (mortgage default), non-payment of taxes (tax lien certificate), and non-payment of condominium common charges or co-op maintenance charges. This includes foreclosures initiated by banks, finance companies, private mortgage holders, the NYCTL Trust, and condominium associations and co-op corporations.
What is a "Foreclosure of a Tax Lien Certificate"?
This is a foreclosure due to non-payment of real estate taxes.
If I buy a property at a tax lien foreclosure that has a mortgage, will I be responsible for the mortgage as well?
In most cases, unpaid taxes are a superior lien and therefore, a tax lien foreclosure should eliminate any outstanding mortgages.
How long has a mortgage been delinquent before the property appears on the FORECLOSURE AUCTION SCHEDULE?
In general 12 to 18 months.
How much advance notice will I receive of an upcoming foreclosure auction?
Our FORECLOSURE AUCTION SCHEDULES are organized chronologically by the DATE and TIME the auction is scheduled to occur. Each weekly schedule contains 3 weeks worth of upcoming foreclosure auctions scheduled for a specific borough.
I attended an auction at the assigned date, time and location, yet the property never came up for auction...what happened?
It usually means the auction has been adjourned. Foreclosure Auctions are adjourned for many reasons; a bankruptcy filing, referee or PLAINTIFF’S attorney schedule conflict and so on. We recommend that our customers confirm the sale with the PLAINTIFF’S attorney’s office on the morning of the sale. The PLAINTIFF’S attorney’s telephone number is listed on the foreclosure auction schedule.
What does "RESCHEDULED" mean?
Rescheduled means that the auction was previously scheduled for another date and time and was adjourned without the auction taking place. A new (or RESCHEDULED) date and time for the auction has been set by the court, and this new date and time is what appears on the foreclosure auction schedule.
How accurate is the information I receive on the upcoming foreclosure auctions?
Profiles Publications, Inc. not only prides itself on its accuracy, we guarantee it! Each piece of data for every action that appears on our foreclosure auction schedules has been exhaustively checked for accuracy. We requisition and examine data in the foreclosure file itself, the original mortgage document, and the property records in all available City of New York databases. Members of our staff, not third party vendors, conduct our research. That’s why Profiles Publications, Inc. is the only local foreclosure data provider that can offer its Accuracy Guarantee!
How can I find out additional information about the properties listed on the FORECLOSURE AUCTION SCHEDULE?
By referencing the properties block and lot numbers we provide on the schedule, a complete history of the property can be obtained from the borough’s City Register’s office and various other City agencies. This information includes ownership records, mortgages and property tax records. Profiles provides links to every available city agency database directly from our home page to help you conduct your research. Click here for the links.
How do I know if the mortgage in foreclosure is a 1st or 2nd mortgage?
We recommend that you check the mortgage details yourself. Using the block and lot number provided for each property you can obtain a printout free of charge from the City Register’s office. This printout will list all outstanding mortgages currently held against the property, and the date they were made. You can also access this information online from the city’s ACRIS Online City Register.
How much money do I need to bring to the auction?
If you are the successful bidder at the auction, you will be required to make a 10% deposit of the amount you bid to the referee who conducts the sale. This means that if your bid of $100,000 is the high bid, you will need to make an initial deposit of at least $10,000. This deposit is to be in the form of a certified or bank check.

Who do I make my certified or bank check payable to?
Call the plaintiff’s attorney prior to attending the sale to see who the check should be made payable to as it varies by auction. Most of the time however, it is the referee.

What happens if I bid LESS than 10% of the amount of my certified or bank check? For example my $100,000 bid is accepted but my check is for $12,500.
Any sum in excess of the 10% (in this example $2,500) will be applied to the final balance due at closing.

What happens if I bid MORE than 10% of the amount of my certified or bank check? For example my $125,000 bid is accepted but my check is for only $10,000.
In a word, DON’T! Your bid will be refused! Always know prior to attending the auction the MAXIMUM amount that you want to bid for a property and draw your certified or bank check accordingly (in this example to bid up to $125,000 you should have a certified or bank check for no less than $12,500).

How long do I have to close on the property?
30 days.

What happens if I can’t get a mortgage or close in 30 days?
You MUST close in 30 days or YOU WILL FORFEIT YOUR 10% DEPOSIT! Therefore, it is imperative that you have the financing for the balance due lined up PRIOR TO MAKING A BID. On rare occasions a one-time extension of 30 days may be granted by the plaintiff’s attorney.

I thought foreclosure information was public record. Doesn’t the city or county have a list of upcoming foreclosure auctions?
It is true that foreclosures are public record and the individual actions are available for public examination. However, foreclosure data is stored and filed in several different city, county and state entities and is NOT compiled into one report. Therefore, there is no "official list" of upcoming foreclosure auctions available from the city, county or state.

Why PROFILES PUBLICATIONS?
Subscribers to Profiles Publications, Inc. not only receive the Foreclosure Auction Schedule, they receive top-quality customer service, a professional research team, our free supplement, the Rescheduled Foreclosure Auction Alert, and an Accuracy Guarantee. Because we gather our own data, we are always available to answer any questions you may have regarding information contained in our publications. With Profiles Publications, you get fully researched information that saves you time and enables you to quickly focus your energy on properties of specific of interest to YOU. Our research not only saves you time, it makes you money.