👉 Watch the video below to understand what a Lis Pendens really is, how it’s served, and why most people lose their home simply because they didn’t understand this document.
📉 Ignoring This Foreclosure Notice Could Wreck Your Finances Fast.
In New York and New Jersey, most homeowners don’t even realize when foreclosure has officially started, because the letter that kicks it off doesn’t look like what you’d expect.
It’s called a Lis Pendens.
It sounds harmless. It might not even have your name on it.
But that one notice?
It means your lender has filed a foreclosure lawsuit, and the foreclosure timeline is now ticking.
🚩 What Is a Lis Pendens? And Why Is It So Dangerous?
A Lis Pendens is not just a warning.
It’s a public legal filing that notifies the world, including other creditors and potential buyers, that a foreclosure lawsuit is in progress.
And the moment it’s filed?
- Your lender has hired foreclosure attorneys
- The court process has officially begun
- Legal fees, interest, and penalties start stacking fast
- Your window to act, and protect your home’s equity, starts shrinking
If you missed this notice or ignored it because it “didn’t look urgent”… you’re one of many homeowners. But now is the time to fix that before it’s too late.
⏳ Every Month You Wait, You Lose Options
Once the Lis Pendens is filed, you’re no longer in pre-foreclosure, you’re in active litigation.
And that changes everything:
| If you act now… | If you wait… |
|---|---|
| You can still request a payoff | More fees, higher debt |
| You may qualify for a loan mod | Loan Mod options shrink fast |
| You may be able to sell with equity | Equity drops month after month |
| You could negotiate short sale terms | Options disappear once auction is set |
📌 Important: The longer you wait, the more damage your file takes, legally, financially, and emotionally.
💡 Here’s What You Can Still Do — If You Move Fast
If you’ve received a Lis Pendens, or even suspect your lender may have filed one, take the following steps:
- Request a payoff or reinstatement letter to see where you actually stand
- Get a hardship letter reviewed or written to start negotiating
- Speak with a foreclosure-savvy agent or attorney (not just any Realtor)
- List your home with protection timelines in mind — avoid a fire sale
- Explore short sale options before they’re off the table
📝 Need help? I’ll write you a custom hardship letter and walk you through your next steps.
🎯 Ready to Take Control?
Before the damage becomes permanent, let’s get a clear picture of where you stand.
📆 Schedule a free foreclosure strategy call
✍️ Or request a hardship letter here
You don’t have time to guess — and this is not the moment to wait and see.
🔗 Related Videos You Should Watch Next
- ▶️ Missed a Mortgage Payment? What NOT to Say to the Bank
- ▶️Behind on Mortgage in NY & NJ? The Hidden Trap That’s Costing You Thousands.
- ▶️ Foreclosure Won’t Wait! It’s Spending Your Money Behind Your Back.
📌 FAQ: Lis Pendens & Foreclosure Notices
❓ What is a foreclosure notice in New York?
In New York, the foreclosure notice usually begins with a document called a Lis Pendens. It’s not a final judgment, it’s a legal warning that a foreclosure lawsuit has been filed. Once it’s served, you’ve officially entered the foreclosure process, and the timeline toward a court-ordered sale has started. Many homeowners ignore this notice because it doesn’t look urgent, but ignoring it is what ruins your equity.
❓ What is a foreclosure notice in New Jersey?
In New Jersey, the process is slightly different. You’ll often receive a Notice of Intent to Foreclose before the bank files anything in court. But once a Lis Pendens is filed and served, the foreclosure lawsuit is underway. That’s your warning to act fast, because the longer you wait, the more equity you lose to legal fees, penalties, and time.
❓ Can I sell my house after a Lis Pendens is filed?
Yes. In both NY and NJ, you can still sell your home after a Lis Pendens is filed, if you have equity. But the longer you wait, the less equity you’ll keep. Legal fees, interest, and forced costs like insurance get added to your balance. Selling during foreclosure is still possible, but time is against you. Don’t list with just any agent. You need someone who understands foreclosure timelines.
❓ How long after a Lis Pendens is filed until the house is foreclosed?
In New York, it can take 6 months to 2 years depending on the court’s schedule, but don’t let that timeframe fool you. The fees keep stacking every single month, and your equity disappears whether or not a sale has happened yet.
In New Jersey, the process moves faster. You might see a sheriff sale scheduled within 9–12 months. But lenders are not obligated to notify you every step of the way. If you wait for “final warning,” you’ve already missed the chance to protect your equity.
❓ Is a Lis Pendens the same as a foreclosure?
No, but it’s the first legal step in a foreclosure lawsuit. The Lis Pendens is not a judgment, but it does alert the court and future buyers that your home is involved in litigation. It changes everything. Once it’s recorded, your options start to shrink, and your equity is at risk if you don’t act quickly.
❓ Can I still apply for loss mitigation after receiving a foreclosure notice?
Possibly, but timing is everything. If your lender hasn’t yet filed a judgment or scheduled a sale date, you may still be eligible for a loan modification, short sale, or other alternatives. But once the case progresses, those options disappear. If you’re not sure where you stand, get a reinstatement quote and request a strategy call with me right away..https://calendly.com/foreclosurefreedomdesk/30min
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🤝 Join Our Community: youtube.com/c/EsphirPopilevsky #foreclosurefreedom #stopNYforeclosure #stopNJforeclosure Esphir Popilevsky NY & NJ Licensed Real Estate Broker NY: Supreme Home Sales, Inc. and NJ: DreamLife Realty 44 Robin Ct. Staten island, NY 10309 O: 718.689.4737 / Direct: 917.579.4455 supremehomesales@gmail.com https://www.supremehomesales.com
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