Oppenheim Law tells all at 6 pm tonight with perspective on the state of Florida Real Estate via a free Webcast or be part of a live audience in Boca Raton.
Homeownership will no longer define the AmericanDream. That’s because 30-year, fixed-mortgageloans that we’ve known since the 1950s may become a luxury if the federal government tightens constraints on FannieMaeandFreddieMac—the two lenders that historically backed home loans for the masses (even with far less than perfect credit scores). Indeed, a private mortgage finance market could emerge with entirely new rules—rules that make it harder and more expensive to get a loan.
Next, consider convicted Ponzischeme mastermind Bernie Madoff’s comments from his prison cell. Madoff told New York magazine that GoldmanSachs, MerrillLynchandMorganStanleySmithBarney knew all along that he was working the system—and did nothing. Madoff suggested that the entire government is a Ponzi scheme. What if Madoff is right? It’s a disturbing thought…
That leads us to the question, “Whyisn’tWallStreetinJail?” Where’s the accountability? Clearly, greedy banks did their dirty deeds and clearly American taxpayers are footing the bill. Wealth has been destroyed. Lives ruined. Yet Wall Street—and the prominent firms that make up the financial services industry—seem to be living above the law.
What’s an American homeowner—or foreclosure victim—to do?
Join OppenheimLaw tonight, March 9 at 6 p.m. RoyOppenheim is holding a realestateworkshop where he discusses how the aftermath of Wall Street’s greed is still affecting homeowners across the country and what you can do to pull yourself out of the hole the banks created. Oppenheim will also share how rising oil prices, continued unemployment and the possibility of an American double-dip recession is impacting the South Florida real estate market, as well as the pros and cons of how changes to mortgage options could impact SouthFloridaforeclosures and shortsales. (more…)
The ‘black swans’ just keep on coming, as underwater homeowners brace themselves for a new set of rules in 2011. Amid international struggle, national weather crises and local real estate unrest, new data shows that real estate prices continue to drop while short sale rates are skyrocketing.
95 NW 11th St., Boca Raton, FL 33432
Cost: Free with advanced registration
RSVP: To register, email jackie@oplaw.net or call 954.384.6114
We’ll cover how the protests in Egypt, Florida’s new governor’s stimulus ideas, Obama’s agenda, bankrupt states, and even massive snowstorms are poised to make a direct impact on Florida foreclosures and short sales.
Today has been deemed “Blue Monday,” the most depressing day of the year. Psychologist Cliff Arnall came up with an actual formula to show that the third Monday in January can be a real downer for many people.
The formula is weather plus debt minus salary multiplied by the time since Christmas to the time since failure to fulfill New Year’s resolutions. During this trying time of the year, people start to deal with post-holiday bills coming in, cold temperatures, and shorter days.
This past weekend, while visiting the Sundance Film Festival, I was surrounded by some of the most talented and creative people in the film industry (not to mention a gorgeous backdrop). There I realized that passion is contagious and also inspirational.
First, find a game plan to find out how to get out of your situation, and take control of your life. In a market where so many of us are upside down due to the many factors of the economy including the menacing real estate market, there is still opportunity.
Check out my video message below from Sundance Film Festival and let’s all figure out the game plan for 2011 and beat the Blue Monday formula. Join me at my next Real Estate Workshop on February 9th when we will focus on using the market to “get out of dodge”.
We’re just half way through the first month of 2011 and foreclosure fraud continues to make headline news. Tonight Oppenheim Law will be in Boca Raton hosting our monthly foreclosure defense workshop “The Future of Foreclosures”.
Tonight we will answer your questions live online or in person.
Tune in to the webcast via Oppenheim Law TV for The Future of Foreclosures Workshop
Tonight at 6 p.m.,
or come in person to the Boca Raton studio located at
95 NW 11th St., Boca Raton, FL 33432.
As we approach the close of one of the most historical years in Florida real estate, the South Florida Law Blog wants to thank all of you for supporting our efforts throughout the year. In case you missed some posts, we are highlighting some of the interesting twists and turns the past year has delivered from “what to tell your kids about foreclosure” to the breaking of the foreclosure fraud crisis. If you have any suggestions for topics you’d like us to cover in 2011, or ways we can improve the blog, please let us know.
In the meantime, here are the top 2010 headlines from South Florida Law blog:
Considering we can expect 4.3 million new foreclosures in the next 24 months the questions are: How can you fashion your own bailout? Why should you pay your mortgage if the neighbor isn’t? How can we resolve the foreclosure crisis? Does it make sense to socialize the losses (not the gains) and allow private companies (like the banks) keep profits? As a society, how can we collectively work together to break the foreclosure crisis cycle?
Florida Attorney and Legal Blogger Roy Oppenheim addresses tough questions and more in his most recent foreclosure defense workshop. Oppenheim recaps what’s happened in the past year and gives a sense of where the real estate market is going, where foreclosure defense is going and where the economy is going. He talks about what can we expect (or not expect from the government) as we move forward particularly since this last election.
Some experts are calling this a lost decade. But Oppenheim says it will be a lost generation if the government does not step up to the plate and create better incentives to encourage people to behave in a different way.
If you missed this week’s 26th consecutive monthly Foreclosure Defense Workshop from Oppenheim Law, catch the replay available on Oppenheim Law TV for the next ten days.
As Florida leads the nation in mortgage delinquency; Foreclosure Defense Attorney Roy Oppenheim announces Oppenheim Law’s 26th consecutive monthly foreclosure defense workshop, now scheduled for Wednesday December 8, 2010 from 6:00 to 7:00pm. Oppenheim, who has coached thousands of homeowners through his seminars, will focus on how homeowners can fashion their own bailout through strategic default.
Tune into Oppenheim Law TV or come in person to the Boca Raton studio located at 95 NW 11th St., Boca Raton, FL 33432.
Please RSVP via email jackie@oplaw.net or call 954.384.6114.
