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Tag: Real Estate

Budgetary Hardball Almost Forces Court Closures: Courts’ Reliance On Foreclosure Fees Exposed

The Florida Court system, including judges, nearly faced mandatory furloughs and unpaid vacations due to an emergency shortfall in its budget. Court employees faced up to 30 days of unpaid vacation through the end of May. The reason for the short fall was the precipitous drop in foreclosure filings, which generated the fees the courts relied upon for the majority […]

Oppenheim Law Weekly Winners and Losers: Pending Home Sales, Mortgage Fraud, Job Markets and Subprime Bonds

Reporting on the winning and losing headlines, South Florida Law Blog brings you the break down and what this means to the Florida homeowner. While South Florida is #1 for mortgage fraud and foreclosure settlement talks between banks and the Obama administration appear futile at best, this week’s new was not all doom and gloom. Check out Oppenheim Law and Weston […]

Roy Oppenheim on Real Estate Game Changers: Earthquakes, Tsunamis, Oil Prices

For five years I’ve discussed the inevitability of Black Swan events that change everything overnight – game changers. Certainly, the earthquake in Japan and the subsequent rash of Tsunamis are reminders of that phenomenon as is the ongoing escalated strife and instability in the Middle East. Not only have oil prices shot up, we now face a whole new set […]

New Year, New Real Estate Market? Future of Foreclosures Workshop

Thu Jan 6, 2011 by on Florida Law News

Heads or tails? Retailers are breathing a sigh of relief and investors are rallying around Wall Street but the real estate market seems to be paralyzed by the economy’s headwinds and tailwinds. What does The Future of Foreclosures hold for you? You are invited to attend Oppenheim Law’s Real Estate Workshop: Future of Foreclosures on Wednesday, January 12 at 6pm […]

Roy’s Rules for 2011: New Year, New Normal

You might have resolutions; I say let’s just rewrite the rules. When it comes to surviving the real estate hangover from the past few years of excessive financial abuse, Florida homeowners need to sober up. Here are my top 10 rules for 2011: 1. Avoid the use of credit during a deflationary economy… use credit when inflation returns. 2. Be […]

Sun-Sentinel: Foreclosures Jump 77 % in Palm Beach County, Oppenheim Says Expensive Mortgages Going into Default More Frequently

The Sun Sentinel’s real estate writer Paul Owers noted RealtyTrac Inc report last Thursday that foreclosure filings spiked last month in Palm Beach County as a backlog of pending cases abruptly moved through the court system. The county had 3,759 homeowners in some stage of foreclosure in July, up 77 percent from June and 42 percent from a year ago. […]

Now We Know: Why Obama’s Loan Modification Program Failed Homeowners – Oppenheim Observes

Wed Aug 11, 2010 by on Loan Modification & Roy Oppenheim

This past weekend, I was in our Nation’s capital. It is always interesting to see things from the inside looking out, as opposed to from the outside looking in. It is like being in a house of mirrors. One thing is apparent: the Beltway economy is not suffering like places such as Florida, Nevada, and Detroit. As a result, our […]