Real LI

Buying and selling real estate in the communities of Long Island

LIers facing foreclosure can get help from state agency

The center is run by the state Department

Long Island homeowners at risk of foreclosure can seek assistance on Friday in Baldwin.

The state Department of Financial Services will offer guidance to homeowners at Baldwin Public Library, 2385 Grand Ave. The agency’s van will be stationed there from 9 a.m. to 5 p.m.

Homeowners should bring relevant documents, such as records of mortgage payments and correspondence with their lender....

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'Underwater' loans fall 15% on Long Island, CoreLogic shows

The share of Long Islanders who owe more

(Credit: iStock)

The share of Long Islanders who owe more than their home's value has fallen, a new report shows. In Nassau and Suffolk counties, 42,539 homeowners -- 7.8 percent of those with outstanding mortgages -- were "underwater" on their loans in the July-through-September period, CoreLogic reported Tuesday.

That's down from the third quarter of 2012, when 49,949 of local homeowners -- or...

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