954-384-6114

Category: Florida Law News

Is “Affordability” Becoming a Fantasy? U.S. Home Affordability Drops to 8-Year Low

Thu Apr 20, 2017 by on Florida Law News

It bothers me every day that the cost of going to college has increased eight-fold from when I went to school – that’s right 800% –  yet work-study wages have only doubled from the time I mopped floors and loaded dishwashers. What does that say about affordability in general? And particularly, one’s ability to pay for housing. With the March […]

Four Ways Millennials Are Not So Different Than Baby Boomers When It Comes to The Housing Market

Thu Apr 13, 2017 by on Florida Law News

With the ongoing rift between the baby boomers and millennials, at times it seems like a war of blame for anything that goes wrong in today’s society. However, there is a striking similarity in mindset and adjusting to the realities when it comes to the housing market. Here are the similarities between baby boomers and millennials: 1. Owning a home […]

Condo Boards Finally Get Their Comeuppance

Tue Mar 7, 2017 by on Florida Law News

  Condominium ownership is an extremely popular source of home ownership in South Florida; but what most people do not know is the number of issues that arise when living in a condominium. Condominiums are managed by a board of directors that oversee all the matters dealing with the residence.  The owners of the condo units are members of the […]

The Academy Awards Best Picture Debacle

Tue Feb 28, 2017 by on Florida Law News

PricewaterhouseCoopers, the Academy, and the age-old Law School Exam question…Who is liable to whom and for what? If you have not already heard about the big mishap at Sunday night’s Academy Awards, let me give you a quick synopsis. (1) Warren Beatty and Faye Dunaway (Bonnie and Clyde) are on stage to announce the highly contested winner of the Best […]

The Elusive American Dream of Home Ownership is Morphing to Home Renting.

Mon Feb 6, 2017 by on Florida Law News

  The traditional “American Dream” of home ownership is becoming less attainable for a lot of Americans.  Since the housing crisis in 2007, the process of owning a home has created more obstacles leading many Americans to home rentals instead of purchases (if you want more information about purchasing a home, take a look at our blog from last week […]

Are Tax Abatement on Principal Reductions Gone for Good?

Fri Jan 13, 2017 by on Florida Law News

The Mortgage Debt Relief Forgiveness Act of 2007 was enacted by Congress to exempt homeowners from having to pay taxes on forgiven mortgage debt by foreclosure sale, short sale or a deed-in-lieu of foreclosure. Last year, President Obama extended the this law through December 31, 2016.  Unless Congress can agree to retroactively extend the Act, homeowners will be taxed on […]

Court ruling lets lenders bring stalled foreclosures 'back to life'

Tue Dec 6, 2016 by on Florida Law News

The following article was written by Paul Owers Sun Sentinel and republished in the South Florida Law and Legal Blog with excerpts and opinion from real estate defense attorney Roy Oppenheim, Oppenheim Law – Weston, FL Summary: The Florida Supreme Court has declared that where a first foreclosure lawsuit is dismissed voluntarily or involuntarily by the court, such dismissal  does not trigger the […]