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Author: Oppenheim Law

Why the House’s Proposed Tax Plan Could Set Off the Next Real Estate Recession in Florida

What Impact Will the House Tax Plan Have on Florida? The new administration’s tax proposal may lead to serious repercussions in the Florida real estate market as the proposed tax bill would reduce or eliminate nearly all of the tax incentives of homeownership.  As a result, if carried out, the plan will likely open the doors to a new recession, […]

How Is Florida Surviving the Zombie Foreclosure Apocalypse?

Zombies Are Among Us. Although Florida is currently in third place for the most “zombie” foreclosures in the nation, certain counties among the state appear to be recovering from the “deadly” wave. Others? Not so much. Zombie foreclosures encompass homes that have not yet been seized by the banks, or lenders, despite having been abandoned by their owners.  Such distressed […]

Amazon’s Search for a “Prime” Location

  Amazon’s Search for A New Headquarters: the Search for a “Prime” Location and the Effects on Real Estate Cities across North America, including several South Florida cities, are engaged in what seems to be a reality show-like competition to be Amazon’s chosen city for its new $5 billion headquarters. From the installation of massive Amazon delivery boxes around the […]

Cryptocurrency Expected to Become New Norm in Real Estate Transactions

cryptocurrency for real estate transactions

A Real Estate Game-Changer: Cryptocurrency From buying coffee, to booking vacations and even purchasing homes, one cannot help but notice the growing adoption of digital currency (called cryptocurrency) in purchasing goods and services. This past August, our team at Oppenheim Law proudly announced that we began accepting cryptocurrency, including Bitcoin, Litecoin, and Ethereum, as payments for our professional services.  The […]

Millennials: Trade your Student Loans for a Mortgage.

Millennials: Trade your Student Loans for a Mortgage. As we noted in an earlier blog, it’s no secret that mounting student loans have made it difficult for Millennials to buy homes. Eagle Home Mortgage, the lending arm of South Florida’s largest homebuilder, Lennar Corp., is proposing a new solution to try and remove this common financial obstacle. Lennar Corp recently […]

Nationstar Rebrands as Mr. Cooper, but Can a Leopard Change its Spots?

Mon Sep 25, 2017 by on Florida Law News

You may have noticed that Nationstar is no more.  After several years of transitioning, Nationstar has officially renamed itself “Mr. Cooper.” Why the new name? According to CEO Jay Bray, it’s all part of a “cultural shift” to improve the experience for customers, as Bray’s mission is to be the leader in service. Time to Rebrand The former Nationstar has […]

Bank of America: Illegal Foreclosure and Harassment Lead to $6M Settlement

Tue Sep 19, 2017 by on Foreclosure Fraud

bank-of-america-settlement

The following is not a reality show; rather, it is a true story that highlights the worst of the financial crisis. Erik and Renee Sundquist reached a settlement with Bank of America where the bank has agreed to pay them $6 million after eight grueling years of foreclosure.  The Sundquist family endured a stress-induced heart attack and a suicide attempt, […]