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What Is A Foreclosure Referee?

A foreclosure referee is a person appointed by the court as part of the Motion for Judgment of Foreclosure and Sale.

The referee determines the value of the property and makes a report to the court, which then authorizes the publication of a Notice of Sale and sets a date for the sale at auction.

The referee is accountable to the court, but isn’t an impartial arbiter you can appeal to.

The referee’s main goal is to evaluate the mortgage and determine how to achieve the greatest sum for the property.

If a foreclosure referee has been appointed in your case, that means that the case has advanced very far.

Talking to an attorney can help you understand your options at this point, and fight back if there are flaws in the case before the court.

Call the attorneys at Zelenitz, Shapiro & D’Agostino today at 718-599-1111 for a free consultation right away.