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Tag: short sale

Are Tax Abatement on Principal Reductions Gone for Good?

Fri Jan 13, 2017 by on Florida Law News

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 […]

3 things homeowners didn't ask Santa for but might be getting anyway

Mon Dec 21, 2015 by on Florida Law News

The following article was originally published in the Sun Sentinel with excerpts by Roy Oppenheim. Naughty or Nice: Three Things Homeowners didn’t ask Santa for this Year but might be getting anyway! Rising interest rates Strong US Dollar Devaluation of foreign currencies While foreclosures have waned, South Florida real estate lawyer Roy Oppenheim predicts the housing recovery will slow in […]

Take My House

Wed Jul 17, 2013 by on Florida Law News

The following article was written by Roy Oppenheim, Esq. for the   South Florida Law Blog. The late comedian Henny Youngman was known for his rapid-fire, one-liners – and is probably best know for this one in particular: “Take my wife … please!” That’s also the line a lot of folks were saying at the height of the real estate crisis, except they replaced […]

Short sale credit coding glitch could suppress real estate recovery

Tue Jun 18, 2013 by on Florida Law News

Roy Oppenheim’s, commentary was originally published on Yahoo Homes! and is being redistributed on South Florida Law Blog with their permission Yahoo! Contributor Network . Jun 17, 2013 “Share your voice on Yahoo! websites.” COMMENTARY |Although the real estate market is beginning to make a comeback, the mess left behind from the economic recession will undoubtedly take much longer to […]

Residential Real Estate Market Already Headed Over Fiscal Cliff

Roy Oppenheim’s commentary was originally published on Yahoo! Homes and is being republished on South Florida Law Blog with their permission. They say there is no rest for the weary, and that seems especially appropriate for our nation’s elected officials. Election Day may be still be fresh in our rear-view mirror, but in case you have forgotten, the lame duck […]

What I Tell Clients Who Receive a Foreclosure Notice

A version of this blog was originally published on Yahoo! Homes and is being republished on South Florida Law Blog with their permission. As a real estate attorney, I’ve had plenty of prospective clients come to my office after being served with a foreclosure notice. It is safe to say they are usually not in a good mood; they are […]

Divided States of America: Judicial vs Non-Judicial Foreclosure

Roy Oppenheim’s commentary was originally published on Yahoo! Homes and is being redistributed on South Florida Law Blog with their permission. According to some analysts, whether or not your state is on its way to a housing recovery depends on whether you live in a state that requires judicial foreclosure or one that does not. What is the difference? In […]

Oppenheim Law: In The News

Fri Apr 27, 2012 by on Roy Oppenheim & Short Sales

Survey: Mortgage Foreclosure Scams Surge Not only is America’s foreclosure crisis still going strong, it now comes with even more fraud and deception. With heightened media coverage surrounding the recent national mortgage settlement and refinements to government assistance programs, experts say selling “the schtick” has only become easier for criminals. But there are red flags consumers can watch out for […]