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Category: Short Sales

Broward County Order Gives Homeowners Short End of the Stick… Again

Broward County homeowners now face an additional hurdle when trying to complete a loan modification or short sale to avoid a Florida foreclosure. In Sun-Sentinel reporter Paul Owers’ blog House Keys, Owers discusses the ramifications of Broward County now requiring 10 days’ notice to cancel residential foreclosure auctions according to an administrative order signed by Broward Chief Judge Victor Tobin. […]

Workshop Replay: Goodbye Yellow Brick Road – No more Fannie Mae and Freddie Mac

Why isn’t Wall Street in Jail? Is our government a giant Ponzi scheme? These are the questions Roy Oppenheim asked during Wednesday night’s Short Sale and Foreclosure Defense seminar. During the webcast, Oppenheim discusses how with the departure of Fannie Mae and Freddie Mac also goes the traditional 30-year mortgage, paving the way for a new 20-year mortgage, higher interest […]

Double Dip Recession? Why Not Bet on the Trifecta?

Oppenheim Law tells all at 6 pm tonight with perspective on the state of Florida Real Estate via a free Webcast or be part of a live audience in Boca Raton.   Homeownership will no longer define the American Dream. That’s because 30-year, fixed–mortgage loans that we’ve known since the 1950s may become a luxury if the federal government tightens […]

Goodbye Yellow Brick Road…Goodbye 30-Year Mortgages?

The American Dream as we know it is being redefined for Florida real estate and the nation. Elton John’s famous song Goodbye Yellow Brick Road reminds us that homeownership will no longer define the American Dream and the Yellow Brick Road really leads to no where (just like in Oz). So the tune Goodbye Yellow Brick Road is sounding the […]

Red Carpet Winners, Short Sales and Oppenheim Law’s March Real Estate Workshop

Join Florida Foreclosure Defense and Short Sale Attorney Roy Oppenheim March 9th at 6 PM. “Not a single financial executive has gone to jail”…that is how Producer Charles Ferguson rocked the Oscars by starting his acceptance speech for winning best feature documentary for “Inside Job,” a film about the 2008 financial system meltdown. How appropriate. Meanwhile, Florida real estate is […]

Double Dip Recession? Find out March 9th How World Events Affect Underwater Homeowners

As we prepare for Oppenheim Law‘s March 9th Foreclosure and Short Sale Workshop, one thing is clear: Florida real estate is not immune to world events. The Wall Street Journal is reporting a sluggish start to selling season, typically kicked off by Super Bowl Sunday. Given the volatile international headlines this week, this news hardly comes as a surprise. From […]

Florida Real Estate Trends: Renting, Buying, Financing at Your Own Risk Later

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 […]

Housing Outlook: Millennials Optimistic; Nightmare Continues for Others

Owning a home is still part of the American Dream…for some. While reports indicate the real estate and foreclosure crisis might be over for certain homeowners, for others it continues like a bad dream. The Huffington Post reported that “Despite signs of continued housing market distress, most homeowners and perspective buyers are optimistic about the housing market, according to a […]