The Statute Needs a First Lien Holder
Section 1308 applies only to vacant and abandoned one to four family residential property, and its duties attach only to the first lien mortgage holder. Where there is no mortgage there is nobody for the duties to fall on.
So the map here is not about geography at all. It is about how much of the housing in a given area carries a loan, and how likely that loan is to go delinquent after a fire. The rules are on our page covering the inspection and the registry.
Which Produces Three Situations
No mortgage. Nothing on this site's main subject engages, and securing and maintaining the building is entirely yours.
A current mortgage. Nothing engages either, and the risk is a loan going delinquent by accident while you are displaced.
A delinquent mortgage. The inspections, the notice, the registry and the expedited foreclosure route all become live.
What Actually Differs
| Area | Typical position | What decides the file |
|---|---|---|
| The East Side | Many owned outright | Which of two situations you are in |
| The West Side and Black Rock | Equity has grown | Getting to it before the process |
| North Buffalo and Elmwood | Loans usually current | The frame and the value |
| South Buffalo and Lovejoy | Family-held, older loans | Who has authority to act |
| The first ring suburbs | Varied servicers | Who holds the first lien |
| Western New York | Weak values | Whether walking away is rational |
Areas We Cover
- BuffaloThe inspection, the registry and what the property is worth
- The East SideBroadway-Fillmore, Masten Park and Genesee-Moselle
- The West Side and Black RockWhere equity changes the arithmetic
- North Buffalo and ElmwoodWhere the fire is the whole problem
- South Buffalo and LovejoyFamily-held houses and who may act
- The First Ring SuburbsCheektowaga, Tonawanda, Amherst and West Seneca
- Western New YorkNiagara Falls, Lockport, Batavia and Jamestown
If Your Area Is Not Listed
We buy across Buffalo, Erie County and Western New York, including in places without a page here. Because the decisive facts are the loan position and whether anything has been posted, the specific address matters far more than the general direction.
Send the address and we will check the records.