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Category: Short Sales

Mortgage Debt Forgiveness Survives Fiscal Cliff

Thu Jan 3, 2013 by on Short Sales

Roy Oppenheim’s commentary was originally published on Yahoo Homes! and is being republished on South Florida Law Blog with their permission. In all the fanfare about last night’s last-minute buzzer-beater agreement to avert the fiscal cliff, you may not have realized that a major component to the housing market’s revival actually survived. Mortgage loan forgiveness is alive and well my […]

Residential Real Estate Market Already Headed Over Fiscal Cliff

Roy Oppenheim’s commentary was originally published on Yahoo! Homes and is being republished on South Florida Law Blog with their permission. They say there is no rest for the weary, and that seems especially appropriate for our nation’s elected officials. Election Day may be still be fresh in our rear-view mirror, but in case you have forgotten, the lame duck […]

Divided States of America: Judicial vs Non-Judicial Foreclosure

Roy Oppenheim’s commentary was originally published on Yahoo! Homes and is being redistributed on South Florida Law Blog with their permission. According to some analysts, whether or not your state is on its way to a housing recovery depends on whether you live in a state that requires judicial foreclosure or one that does not. What is the difference? In […]

Oppenheim Law: In The News

Fri Apr 27, 2012 by on Roy Oppenheim & Short Sales

Survey: Mortgage Foreclosure Scams Surge Not only is America’s foreclosure crisis still going strong, it now comes with even more fraud and deception. With heightened media coverage surrounding the recent national mortgage settlement and refinements to government assistance programs, experts say selling “the schtick” has only become easier for criminals. But there are red flags consumers can watch out for […]

Saturday Round-Up; Mortgage Debt Relief Extended?; NY Foreclosure Dismissed; Foreclosure Crisis in A Quilt

Bill extends Mortgage Debt Relief Act of 2007 I warned you earlier this month that if you’re considering a short sale, the time to get the ball rolling is now. That’s because the Mortgage Debt Relief Act, which was passed in 2007, is set to expire at the end of this year. If that happens you’ll have to pay taxes […]

Thinking of Doing a Short Sale? Better Act Fast!

Thu Mar 1, 2012 by on Short Sales

It’s a great time to do a short sale. Banks have finally realized they have much more to gain by agreeing to a short sale rather than allowing a home to go through foreclosure.Data released by RealtyTrac today shows pre-foreclosure sales, which are often short sales, were up 15% in the fourth quarter of 2011. It’s easier than ever before […]