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Tag: bailout

The Wall Street Journal: Why Renting is the New American Dream

Thu Dec 10, 2009 by on Florida Real Estate

For almost three years now I have talked about the idea that the American Dream of homeownership was really only a mirage. While policymakers had good intentions, homeownership has in many instances become the American Nightmare for numerous systematic reasons including: greed, lax government regulation and pure fraud. In a wonderful front page analysis in today’s Wall Street Journal, they […]

Oppenheim Law Explains How Short Sales and House Flipping Can Bailout South Florida Homeowners

WSJ reporter, James Hagerty, arguably one of the best reporters covering the real estate crisis and with whom I speak with from time-to time wrote a great article this morning concerning professional investors who are going to auction, fixing up the houses and then flipping them for a profit. (Also take the time to look at the slides and related […]

Fannie Mae Announces Deed for Lease Program: A New Weapon in Our Foreclosure Defense Arsenal

As we are always trying to build our arsenal in terms of foreclosure defense strategies, we have constantly said time is on your side and that the cavalry will arrive. So here we have a new government program that may be of interest to all of us by allowing homeowners to stay in their property as a tenant as opposed […]

Free Legal Workshop December 3: Fashioning Your Own Bailout

Wed Nov 11, 2009 by on Foreclosure Workshop

Florida Foreclosure Defense Workshop Helps Bailout Homeowners Roy Oppenheim is a real estate and Florida foreclosure defense attorney who says homeowners who know their legal rights have the power to fashion their own foreclosure bailouts. Free Workshop Thursday, December 3 from 6-7 p.m. Fort Lauderdale, FL – November 11, 2009 – With South Florida on pace for nearly 100,000 foreclosure […]

The New Normal… NYT Reports: Expect Four Million More Foreclosures Despite Obama’s Mortgage Modification Policy

In today’s New York Times (10/9/09) the lead story in the Business section is: “In Trial Phase, Mortgage Bills Fall for 500,000. Is that supposed to be good news or news at all? I am not sure. I guess it depends on whether you think the glass is half full or half empty. The reality is that by now the […]