foreclosure homes

Tarrytown Village is in Greenburgh Town of Westchester County, New York. It hugs the Hudson River and is a short distance from Manhattan, New York City. Close by is another village, Sleepy Hollow that had formerly been known as North Tarrytown. Tarrytown village comprises of 77% Whites and 7% Blacks with the others being Native Americans, Asians and Hispanics. There are ongoing talks about the merger of Tarrytown and Sleepy Hollow. Tarrytown is the headquarter of many important corporate giants like Hitachi Medical Corporation of America, Kraft Foods, Crompton Corporation etc.

There have been an increasing number of Tarrytown foreclosure homes. Initially the crisis had been slow to pick up in New York but now the foreclosure epidemic is marching ahead as can be seen in the spike of Tarrytown foreclosure homes. In Westchester 2,600 residential houses are in some stage of foreclosure. Over 36 of these are in Tarrytown, Sleepy Hollow and Irvington.

Tarrytown foreclosure homes has been caused largely by the sub-prime mortgage crisis. It has led to fall in real estate prices. Coupled with unemployment and loss of jobs there are more foreclosure homes adding to the economic woes. By Tarrytown foreclosure homes are meant those houses that are being foreclosed upon by the lenders to realize unpaid dues of the borrowers. Those under the cloud of Tarrytown foreclosure homes can contact the county offices for help. The county has applied for $7.2 million from the federal government for help.

Tarrytown foreclosure homes are not just numbers but each one tells a sad tale. Anna A residing in Tarrytown has three children and is now facing foreclosure. This means the family would be without a home. She could not continue with the mortgage when her husband abandoned them.

County executive Andy Spano said, “The mortgage crisis has arrived in Westchester County.” Referring to various tales of woe he added, “But these stories – and some others – have happy endings due to the intervention of Westchester County government and our non-profit partners who provide important counseling to people at risk of losing their homes.” He was speaking at a news meet at Schiefer House attended by the Board of Legislators Chairperson Bill Ryan and legislator Ken Jenkins. He also said, “I want people to know that we are there to help, but we can only be successful if people reach out to counselors before it is too late. We also are applying for $7.2 million in federal money to revitalize neighborhoods most hurt by foreclosures.”

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