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Category: Real Estate Law

“A Retrospective From the Trenches of the Great Recession – 10 years later”

“A Retrospective From the Trenches of the Great Recession – 10 years later”

  Roy Oppenheim’s retrospection on the 10 Year Anniversary of the Great Recession Usually anniversaries tend to make us slow down and look back.  For us at Oppenheim Law, the anniversary of the start of the Great-Recession of 2008 has been an opportunity to look back, appreciate what we have learned and set new goals for years to come.  There […]

South Florida Foreclosures Spike 35%

South Florida Foreclosures Spike 35%

Florida is in the headlines once again. However, this time it’s not because of a hurricane or any other natural disaster. This time, Florida has made headlines for its high rate of foreclosures. According to a study report conducted by Attom Data Solutions, the foreclosure rates are the highest in Florida compared to the last few years. The rates are […]

Election Paralysis on the Real Estate Housing Market

Thu Aug 30, 2018 by on News & Real Estate Law

Citizen with American Flag

Politics aside, voters and potential real estate residential home purchasers and sellers are concerned about how the upcoming midterm election and its outcome will affect them financially. With the election having the capacity to change the balance of power, this sense of uncertainty may make selling residential real estate more difficult and cause a delay on purchasing a home until […]

South Florida: Cash Deals for Home Purchases under the Feds’ Microscope

Luxury Florida Real Estate Law

Government Scrutiny of Luxury Real Estate Back in 2016, the Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) began cracking down on real estate transactions involving high-end properties purchased through shell companies out of concern about money laundering and illicit transactions. FinCEN subjected these type of transactions to governmental review, and came to require U.S. title insurance companies to identify the […]

Bank’s “You Snooze, You Lose” Approach Culminates in Oppenheim Law’s Victory in Foreclosure Appeal

Roy's Pup

The Oppenheim Law team recently secured an appellate victory for our clients in the matter of Wells Fargo Bank, National Association as Trustee v. Rafael Liy and Melany Liy, a foreclosure matter in Broward County. Our clients originally prevailed at the trial level when the court entered an order dismissing the foreclosure suit at trial. The bank appealed the dismissal […]

Oppenheim Law’s Two Cents on Glass

Thu Apr 12, 2018 by on Real Estate Law

Recently, our team at Oppenheim Law had the honor of filing a friend of the court brief (otherwise known as an amicus curiae) with the Florida Supreme Court on the issue of whether a borrower in a foreclosure action can obtain attorneys’ fees when the Court has found that the lender did not have standing to bring the action. Our […]

Congress and President Trump Surprise Homeowners with Extension of Tax Benefits for Loan Forgiveness Income Through 2017

Wed Feb 28, 2018 by on Real Estate Law

Unexpected good news for many homeowners! As we had mentioned in previous blog posts, the Mortgage Debt Relief Forgiveness Act of 2007 had been extended through December 31, 2016 by the Obama administration. Recently, Congress passed the Bipartisan Budget Act of 2018, which retroactively extended certain provisions even further through December 31, 2017. Some of the extensions include the tax […]

The Stock Market, Interest Rates, and Real Estate: A Dynamic Relationship

As we all know, real estate is affected by the stock market.  The stock market has been rallying, except for last week when the market had one of its worst weeks in several years.  In addition, bond prices fell, signaling the rise of interest rates. Economists have forecasted that the Fed will likely increase interest rates from three to four […]