Fri Feb 18, 2011 by Oppenheim Law on Florida Foreclosures, Florida Real Estate, Florida Short Sales, Foreclosure Defense, Roy Oppenheim & Short Sales
The Florida real estate market just can’t catch a break! With Obama’s new federal housing finance plan unveiled, including its proposal that government phase out the support of Fannie Mae and Freddie Mac, it’s unclear what the impact of such a move would be on the fragile housing and mortgage market. But one thing is for sure: Financing a home […]
Thu Feb 10, 2011 by Oppenheim Law on Florida Foreclosures, Florida Law News, Florida Short Sales, Foreclosure Defense & Foreclosure Workshop
While the dramatic decrease in foreclosures is temporary, the equally sharp uptick of short sales is not. Why? As reported in The Wall Street Journal this week, buyers are snapping up short sales in all-cash deals, breathing life into the crippled Florida real estate market. In our monthly real estate workshop last night, foreclosure defense and real estate attorney Roy […]
Thu Feb 3, 2011 by Oppenheim Law on Florida Foreclosures, Florida Law News, Florida Real Estate, Florida Short Sales, Foreclosure Defense, Foreclosure Workshop, Roy Oppenheim & Short Sales
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. Want to learn more? Attend Oppenheim Law and Weston Title‘s Real Estate Workshop […]
Sun Jan 30, 2011 by Oppenheim Law on Florida Foreclosures, Florida Law News, Florida Real Estate, Florida Short Sales, Foreclosure Defense, Foreclosure Workshop, Roy Oppenheim & Short Sales
This was a historical week. Besides marking the 25th anniversary of the explosion of the Space Shuttle Challenger – an event that itself marked the end of an era; this week’s headlines included Obama’s new rules/new economy State of the Union; Friday marked the first time in history that part of the Internet went dead as Egypt “unplugged itself” in […]
Mon Jan 24, 2011 by Oppenheim Law on Florida Foreclosures, Florida Real Estate, Foreclosure Workshop, Roy Oppenheim & Strategic Default
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 […]
Fri Jan 21, 2011 by Oppenheim Law on Florida Foreclosures, Florida Law News, Florida Real Estate, Florida Short Sales, Foreclosure Defense, Foreclosure Fraud, Loan Modification, Roy Oppenheim, Short Sales & Strategic Default
It’s still a buyer’s market. That’s the conclusion of consumers in a new Gallup poll that reveals 67 percent of Americans feel now is a “good time” to buy a house. That hasn’t changed much since April 2009. So despite harder-to-come-by financing and the possibility of a housing double-dip, it seems historically low interest rates and bargain basement home prices […]
Tue Jan 18, 2011 by Oppenheim Law on Florida Foreclosures, Florida Law News, Florida Real Estate, Florida Short Sales, Foreclosure Defense, Foreclosure Workshop, Loan Modification & Roy Oppenheim
Today, Weston Title and Oppenheim Law completed one of the largest short sales with JP Morgan Chase. The original note was approximately $6 million, but the bank approved a payoff for almost half that amount. The bank agreed to the haircut in exchange for receiving the $3 million in proceeds. Further, the bank waived the deficiency judgment demonstrating what Roy […]
Wed Jan 12, 2011 by Oppenheim Law on Deficiency Judgements, Florida Foreclosures, Florida Law News, Florida Real Estate, Florida Short Sales, Foreclosure Defense, Foreclosure Fraud, Foreclosure Workshop, Loan Modification, Roy Oppenheim & Strategic Default
By Roy Oppenheim 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”. Will this be the year of the short sale? How will the Feds help (or not help)? What is the best […]
