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Well what a wild week it has been. When we came to work on Monday we feared President Obama would put the housing crisis to bed without ever holding the banks’ feet to the fire. The settlement with the banks, which we have blogged about ad nauseam this week, seemed as sure as a chip-shot field goal. But thanks to […]

Florida homeowners might have a new definition for bank robbers… With details now coming to light on a possible deal between banks and the state governments, it’s seems the chances of these financial institutions being held accountable is less and less likely. South Florida law blogger and foreclosure attorney Roy Oppenheim strongly opposed the deal, which is being sought by […]

Some Florida attorneys and other experts sometimes seem to suggest there is no difference between having a Florida foreclosure or Florida short sale on your record or credit report and pose the question: “Why go through the hassle of a short sale?” The thought process might be technically correct, but only in a state described as a “non-recourse state.” Florida […]

Sharing my thoughts on Florida foreclosures yesterday with the NBC Nightly News team really brought back some past real estate scenarios. Long before the Florida foreclosure meltdown and “double sold mortgage” became a widely used term, I represented a commercial pilot for a major airline who owned real estate in the Florida Keys. This client had a great house but […]