Licensed Short Sale Specialists · Serving Homeowners Since 1992
You don't have to lose your home to foreclosure.
For more than 30 years, Yoka Advisors has helped hundreds of homeowners facing foreclosure understand their options and negotiate a better way out. We handle the lenders, the paperwork, and the process so you can make a clear decision.
Who We Are
We've helped homeowners through every major housing downturn of the last three decades.
Yoka Advisors was founded on a simple idea: homeowners facing foreclosure deserve a knowledgeable, straightforward advocate in their corner. We don't just offer advice; we manage the process with you, from the first conversation to the final resolution.
Whether you've missed payments, received a notice of default, or simply see the wall approaching, we can help you understand your options.
Early 1990s
Real Estate Crash
We helped families navigate one of the worst regional housing downturns in modern history, protecting their credit and their path forward.
2008–2009
Market Collapse
During the foreclosure crisis, we negotiated short sales and restructured debt to help families find a way out that foreclosure couldn't offer.
2020
COVID-19 Downturn
When the pandemic froze the economy, we kept working, helping homeowners through forbearance guidance and lender negotiation.
Who We Work With
If any of this sounds like your situation, we can help.
We work with New York homeowners facing a wide range of financial hardships – not just foreclosure. If any of the following describes where you are right now, a free, no-obligation conversation is a good place to start.
Behind on your mortgage
Missed payments or in pre-foreclosure: earlier intervention generally means more options.
Facing a tax lien
A tax lien on your property complicates everything. We help you understand how it affects your options.
In or recovering from bankruptcy
Bankruptcy changes the path forward. We work with homeowners navigating it.
Underwater on your mortgage
Owing more than your home is worth is exactly the situation a short sale is built to solve.
Experiencing financial hardship
Job loss, reduced income, medical expenses, divorce, or the death of a spouse. Life happens, and we don't judge.
A landlord with non-paying tenants
Tenants who've stopped paying rent can put your property at risk. We can help you weigh your options.
Understanding Your Options
Foreclosure and short sale aren't the same – and the gap matters.
Both affect your credit, but a properly managed short sale generally does far less damage than a foreclosure, gives you control over the timing, and can include relocation assistance from the lender. Here's the general picture. Your actual numbers depend on your starting credit and circumstances.
155+
Credit score points lost
with a foreclosure
~50
Credit score points lost
with a short sale
7–10
Years foreclosure stays
on your credit report
Credit impact varies significantly based on individual circumstances and starting score. This is general information, not a prediction of your specific outcome.
A short sale gives you more control over the timing and can include relocation assistance from the lender. Generally, the earlier you start, the more options stay on the table. A free consultation is the simplest way to find out where you stand.
You have more options than you think.
A free, confidential consultation with Yoka Advisors is the simplest way to understand where you stand.
Schedule a Free Consultation