Wed Jul 19, 2017 by Oppenheim Law on Florida Real Estate
Adjustable-rate Mortgages: The New Millennial Trend? In a previous video blog, we discussed crucial differences and considerations when it comes to choosing an Adjustable-Rate-Mortgage (ARM) versus a fixed-rate mortgage. A recent article from The Wall Street Journal shed some light on how Millennials are progressively opting for ARMs as opposed to the standard fixed-rate mortgages. While ARMs account for less […]
Fri Jul 14, 2017 by Oppenheim Law on Florida Real Estate
Amazon Stirs Controversy With “Hire a Realtor” Feature Fresh off Amazon’s “biggest day ever” for their third annual Prime Day event, shoppers may have seen a peek of a “Hire a Realtor” page on Amazon’s website. While Amazon has since removed the page for unknown reasons, it has caused a rattling in the real estate world as many try to […]
Wed Jun 28, 2017 by Oppenheim Law on Florida Law News
Wells Fargo is at it again… A scandal-plagued Wells Fargo has found itself in the midst of a new controversy involving “stealth” modifications of consumers’ mortgages while they are in bankruptcy. According to The New York Times, a class action and other lawsuits have been filed against Wells Fargo alleging that since 2015, Wells Fargo has been making unauthorized charges […]
Wed Jun 21, 2017 by Oppenheim Law on Florida Law News
The Federal Reserve has put on its hiking boots. Last week, the Federal Reserve hiked its benchmark interest rates. Homeowners and prospective buyers alike are rightfully alarmed about what the increased interest rates could signal for the housing market. Since the great recession back in 2007, homeowners enjoyed relatively lower interest rates as the federal government attempted to rebuild […]
Tue Jun 20, 2017 by Oppenheim Law on Florida Law News
Years after its inception, Zillow became a household name for people who wanted to purchase or sell their homes quickly without a realtor. By providing an online database of available homes for sale using “Zestimates” for the properties, Zillow gave the general public an easy-to-use format to calculate home values. Although there has been speculation as to whether Zillow will […]
Wed May 24, 2017 by Oppenheim Law on Florida Law News
It seems as though there is something paranormal about the way bankruptcy proceedings will now deal with stale, old debt. Previously, creditors were not able to make claims in bankruptcy proceedings for stale debts that were time-barred by the Statute of Limitations. Generally, most creditors’ claims on these old debts were considered “unconscionable” and thus in violation of the […]
Mon May 22, 2017 by Oppenheim Law on Florida Law News
In early March, we posted a blog regarding a Grand Jury decision that held Florida’s Department of Business and Professional Regulation (“DBPR”) and condo boards liable for condo association misconduct. Well, it didn’t take long to heed the calls for further action. The Florida legislature has now passed a bill with bipartisan support (yes, you read that right) to […]
Wed May 3, 2017 by Oppenheim Law on Real Estate Law & Roy Oppenheim
With all the discussion regarding the real estate market’s volatility, one scenario has been largely overlooked especially with the implications it would have on South Florida. A recent article by Bloomberg shed more light on the detrimental effect rising sea levels would have on South Florida coastal homeowners. Having represented thousands of underwater homeowners, we take the threat of being […]
