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:
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
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!
Nearly two million Americans have lost their homes to foreclosure this year, and many of them are right here in South Florida, according to CBS 4 News.
Foreclosure defense attorney Roy Oppenheim joined CBS 4 Chief Consumer Investigator Al Sunshine to analyze South Florida’s foreclosure numbers in order to help homeowners determine what they may expect in the coming months.
RealtyTrac reports foreclosures are continuing to rise in South Florida, even when compared to last year’s staggering numbers. With more than 277,000 filings, the State of Florida is now number two nationally behind only California. Broward County ranks third in Florida foreclosure filings, with 1 out of every 21 units in some form of foreclosure.
“In Florida there is clearly a backlog, and I don’t see the problem getting much better,” Oppenheim said in the report. “I don’t see it getting much worse, but the idea everyone is saying that the problem is getting better is nonsense.”
Check out the video below for the full interview including Oppenheim’s assessment of government-backed foreclosure programs. For the latest in South Florida real estate trends and foreclosure defense advice, follow Oppenheim Law on Twitter @OPLaw.
Save the Date! Oppenheim Law’s next foreclosure defense workshop is Wednesday, August 4 @ 6:00 pm. The theme is “Strategic Default: What We Can Learn from the Wealthy” hosted by Roy Oppenheim. Stay tuned for more information.
Greed, games, and the American banks. Roy Oppenheim discussed the silent strategic foreclosure revolution of up-in-arm homeowners last night.
As frustrated homeowners tuned in online through the OPLaw Foreclosure Defense UStream Channel, Oppenheim Law marked its 18th Legal Real Estate Workshop amidst a live audience and Ft. Lauderdale Sun-Sentinel reporters.
For one week only, you can view the workshop on the South Florida Law Blog. This is your chance to hear Oppenheim explain strategic default, short sales, foreclosure defense and the real estate revolution he has dubbed “Shay’s Rebellion 2.0.”
We’ll be answering some of our Foreclosure Workshops’ frequently asked questions next week so be on the look out for that post. Feel free to add your own questions as comments on the blog!
Be sure to tune in next month on July 7 for the next Strategic Foreclosure Workshop hosted by Roy Oppenheim and for all the Foursquare users out there, start Checking In with Oppenheim Law and watch for Tips if you’re in the area!