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NYS Home Equity Theft. equity. To provide homeowners with information they need. regarding the sale or transfer of their home to an. who wants to purchase the home as an. CONSULT AN ATTORNEY OR COMMUNITY ORGANIZATION.. repurchase the home the purchaser must buy out the.
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(a) The legislature finds and declares that homeowners who are in default on their. or in some cases even sign away their homes, through the use of schemes. sale or transfer of his or her home to an equity purchaser; to require that the sales. contract terms; to provide a cooling off period for equity sellers who enter into.
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