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Tag: south florida real estate

Will Venezuela’s crisis affect South Florida’s Real Estate market?

Tue Feb 19, 2019 by on Florida Real Estate

Venezuela

Seasoned real estate expert and foreclosure defense attorney Roy Oppenheim reflects on the impact Venezuela’s political crisis will have on South Florida real estate market. Civil unrest creates real estate opportunities With the civil unrest that continues in Venezuela, the question that real estate pundits are having is what impact the current State of Affairs in Venezuela will have on […]

South Florida: Cash Deals for Home Purchases under the Feds’ Microscope

Luxury Florida Real Estate Law

Government Scrutiny of Luxury Real Estate Back in 2016, the Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) began cracking down on real estate transactions involving high-end properties purchased through shell companies out of concern about money laundering and illicit transactions. FinCEN subjected these type of transactions to governmental review, and came to require U.S. title insurance companies to identify the […]

Should You 'Keep Out' of High-End Residential Properties?

Wed Aug 10, 2016 by on Florida Law News

Virtual “Keep Out” Sign: U.S. Government Expands Attempts to Scare “Secret Buyers” This past January, we featured a post explaining a new order issued by the United States Department of Financial Crimes Enforcement Network (FinCEN), where it began cracking down on secret real estate buyers in certain parts of the U.S., which included Miami-Dade County.   The Geographic Targeting Orders […]

Zika Virus Hits Home as Miami Real Estate Industry Wakes Up To Painful Bite

Tue Aug 9, 2016 by on Florida Law News

Despite rising rental rates and property values in Miami’s ‘artsy’ Wynwood District coupled with an assumption that residents may not be worried about the Zika Virus having the ability to bridge its way into their neiborhoods, report shows another side to the epidemic. On Monday, Palm Beach County reported their first case of locally-acquired Zika virus which probably has many […]

California’s Supreme Court Punts and Kicks the Can Down the Road for Another Day

Tue Apr 5, 2016 by on Florida Law News

Just last month California’s Supreme Court declined to rule on a hot and eagerly anticipated question for borrowers in foreclosure:  whether a loan transferred into a trust after the trust’s closing date is void. The Court’s analysis in Yvanova v. New Century Mortgage Corporation discussed Glaski v. Bank of American N.A. which clearly stated that a borrower is able to […]

How does cheap oil, weak stocks, and the U.S. dollar impact South Florida real estate

Fri Apr 1, 2016 by on Florida Law News

Oppenheim Law Legal Update as of 3/31/2019:  Who knew the Wall Street Journal subscribed to the South Florida Law Blog! We anticipate that investors with large deposits will need legal counsel to devise legal strategies regarding walking away from these deposits. Watch on Periscope with Roy Oppenheim, partner discussing the impact on South Florida Real Estate: Cheap Oil, Weak Stocks and […]

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