According to The New York Times, more than 1 in 7 homeowners with loans in excess of a million dollars are seriously delinquent compared to 1 in 12 for mortgages below the million-dollar mark. These numbers indicate many of the country’s wealthiest homeowners are strategically dumping their financially draining properties, just as they would any sour investment.
What: Strategic Defaults: What Can We Learn from the Wealthy?
When: Wednesday, August 4, 2010 – 6:00 to 7:00 PM
Who: Homeowners facing foreclosure or underwater mortgages, real estate professionals, buyers and sellers
Or come in person: 2500 Weston Road, Suite 404, Weston, FL 33331
Cost: Free with advanced registration
RSVP: To register email firstname.lastname@example.org or call 954.384.6114
Attend the event in Weston, FL or watch from the comfort of home. Oppenheim Law will broadcast August’s Strategic Default Workshop online through the Oppenheim Law Strategic Default Channel. Participants are invited to ask questions and comment on the presentation by registering for a free account with our streaming service.
Check out the video below for a preview of next week’s workshop. See you then!