South Florida Law Blog

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 […]

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 […]

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 […]

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 […]

If the first two weeks of 2011 are any indication, we’re in for a roller coaster year for the real estate economy. From unleashing the Foreclosure Fraud Files to the Ibanez decision that banks had wrongly foreclosed on two homes, the foreclosure defense climate changed hourly. Oppenheim Law is along for the ride, contributing to both local and national foreclosure […]

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 […]

If we digress for one moment and go back to the end of 2007 or the beginning of 2008 here is the story I will share with you all. I was attending a hearing on behalf of one of our earlier foreclosure clients in the area of foreclosure defense before a prominent Broward County Circuit judge. I witnessed the judge […]

You might have resolutions; I say let’s just rewrite the rules. When it comes to surviving the real estate hangover from the past few years of excessive financial abuse, Florida homeowners need to sober up. Here are my top 10 rules for 2011: 1. Avoid the use of credit during a deflationary economy… use credit when inflation returns. 2. Be […]