South Florida Law Blog

With the ongoing rift between the baby boomers and millennials, at times it seems like a war of blame for anything that goes wrong in today’s society. However, there is a striking similarity in mindset and adjusting to the realities when it comes to the housing market. Here are the similarities between baby boomers and millennials: 1. Owning a home […]

It’s no secret that a strong housing market is an essential part of any well balanced economy. Earlier this week, The Wall Street Journal presented troublesome figures on home buying and housing-related spending. This gave us insight, primarily citing strict credit standards, as to why the U.S. economy has not had a meaningful bounce-back as in previous post-recession recoveries. In […]

  Condominium ownership is an extremely popular source of home ownership in South Florida; but what most people do not know is the number of issues that arise when living in a condominium. Condominiums are managed by a board of directors that oversee all the matters dealing with the residence.  The owners of the condo units are members of the […]

PricewaterhouseCoopers, the Academy, and the age-old Law School Exam question…Who is liable to whom and for what? If you have not already heard about the big mishap at Sunday night’s Academy Awards, let me give you a quick synopsis. (1) Warren Beatty and Faye Dunaway (Bonnie and Clyde) are on stage to announce the highly contested winner of the Best […]

A Light at the End of the Tunnel.   One of the biggest pains for an investor who purchases a property in foreclosure is dealing with subsequent liens filed by various parties, in particular unscrupulous municipalities trying to milk the cow for every ounce of milk.  While some of these costs are legitimate, many times they are not.  Finally, the […]

  The traditional “American Dream” of home ownership is becoming less attainable for a lot of Americans.  Since the housing crisis in 2007, the process of owning a home has created more obstacles leading many Americans to home rentals instead of purchases (if you want more information about purchasing a home, take a look at our blog from last week […]

  Preparing for a marathon race can only be accomplished with the right advice and preparation to help you overcome obstacles and reach the finish line. Buying a home is analogous to the kind of preparation needed to reach the finish line. Having your real estate professional team prepare and coach you in order to avoid hurdles and make the […]

The Mortgage Debt Relief Forgiveness Act of 2007 was enacted by Congress to exempt homeowners from having to pay taxes on forgiven mortgage debt by foreclosure sale, short sale or a deed-in-lieu of foreclosure. Last year, President Obama extended the this law through December 31, 2016.  Unless Congress can agree to retroactively extend the Act, homeowners will be taxed on […]