back

How to run clean FORECLOSURE business

Our goal is to bring transparency & fairness to the real estate industry.

We hope that Governor George E. Pataki and NYS Attorney General Eliot Spitzer will take a good look at the current situation in the real estate industry. It's possible that some activities fall under the SHERMAN ANTITRUST ACT, 15 U.S.C. Paragraphs 1-7. Here' s what the Act says:
Trusts, etc., in restraint of trade illegal; penalty:
 Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal. Every person who shall make any contract or engage in any combination or conspiracy hereby declared to be illegal shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $10,000,000 if a corporation, or, if any other person, $350,000, or by imprisonment not exceeding three years, or by both said punishments, in the discretion of the court.
The following link is from the Department of Justice is helpful in identifying violations under the Sherman Act:

Identifying Sherman Act Violations

As a first step in this direction the consortium consisting of landlords, real estate investors, traders, brokers & listing vendors has agreed to provide FREE information on Residential Rentals, Sales, & Foreclosures.

On theses pages for every upcoming foreclosure auction we provide you with the following information:

Plaintiff
Defendant
Block & Lot Number
Property Street Address & Neighborhood Location
Date & Original Principal Amount of Mortgage in foreclosure
Final Judgment Amount
Index Number of the Foreclosure File
Plaintiff’s Attorney & Telephone Number
Referee Conducting the Auction
NYC Building Classification Code
 

1984-2005 NYC Foreclosure

FORECLOSURE.name  Send Comments or Questions to info@nycFORECLOSURE.com. Copyright 1991-2004 nycFORECLOSURE.com. All Rights Reserved. All materials contained on this site are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of All information furnished herein is from sources deemed reliable. No representation is made or is to be implied as to the accuracy thereof and all information is provided subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. All data and other content is provided for informational purposes only, and is not intended to be used for determining the value of a specific property. Neither nycFORECLOSURE.com.com nor any of its data and/or content providers shall be liable for any errors, mistakes or omissions in the data and/or content, or for any actions taken in reliance thereon. You hereby acknowledge that any reliance upon any data and/or content shall be at your sole risk. All content is the opinion of nycFORECLOSURE.com.com and is not meant to be construed as fact.

An Equal Housing Opportunity