Fri Jul 8, 2011 by Oppenheim Law on Florida Law News, Florida Real Estate & Florida Short Sales
Is homeownership still part of today’s American Dream? A recent article in the Wall Street Journal shared some old school advice on buying a home in today’s economy, more along the lines of Depression Era thinkers versus Baby Boomer spenders. 1. Buy what you can afford without scrimping on other needs. If you need to save for retirement or college, […]
Thu Jul 7, 2011 by Oppenheim Law on Florida Law News
Do we have a pulse on South Florida real estate recovery? According to a statistical analysis performed for The Wall Street Journal by the online real-estate information and search firm Zillow, home values in a handful of communities are where they were just before the most frenzied days of the real-estate bubble. The good news: Zillow spotted 25 places that […]
Wed Jul 6, 2011 by Oppenheim Law on Florida Law News & Loan Modification
It’s a case of: The Three Stooges and Mediation. Roy Oppenheim and his client shared their recent story in this week’s Daily Business Review with an inside look at the trials and tribulations of a system where one asks: Who is on first? Under a state Supreme Court order issued 18 months ago, banks have been paying third-party mediators to […]
Wed Jun 29, 2011 by Oppenheim Law on Florida Law News
Banks wise up. Oppenheim Law has been touting 2011 as the “Year of the Short Sale,” and it appears banks are finally catching on. Two of the nation’s largest lenders, Wachovia and JP Morgan Chase, are choosing to forego the lengthy foreclosure process by giving select homeowners $10,000 to $20,000 to complete a short sale, according to The Sun-Sentinel. Much […]
Mon Jun 27, 2011 by Oppenheim Law on Florida Law News
Good ink and good timing. We are honored to reprint in its entirety, this letter to the editor written by South Florida Law Blog’s Foreclosure Defense attorney Roy Oppenheim published in this month’s Florida Bar News, coinciding with the annual Florida Bar Convention in Orlando, Florida. Foreclosure Jurisprudence Florida Foreclosure Defense Letter to the Editor After reading the News’ article […]
Sat Jun 25, 2011 by Oppenheim Law on Florida Law News
The Florida real estate report cards are out and homeowner summer school is in session, another series From The Trenches with Roy Oppenheim. “The foreclosure crisis is not over!” says Florida Real Estate Attorney Roy Oppenheim. “Over-crowded court systems, high chronic unemployment and excessive government debt are three major problems that will prevent a real estate recovery anytime soon.” […]
Tue Jun 21, 2011 by Oppenheim Law on Florida Law News, Foreclosure Fraud & Roy Oppenheim
Word on the street is credit rating companies are committing mortgage fraud, and ‘the street’ is none other than Wall Street. With a foreclosure fraud financial crisis this intense and prolific, there’s certainly enough blame to go around for everyone, but we have one more culprit to add to the list! News broke this week that the SEC is investigating […]
Sat Jun 18, 2011 by Oppenheim Law on Florida Law News
Roy Oppenheim in USA Today Roy Oppenheim talked to USA Today in an article published this week on free falling home prices. It seems the real estate situation in Las Vegas is even worse than South Florida: two out of every three Las Vegas homeowners are upside down on their mortgage. “I looked at our expenses like a corporation looks […]
