954-384-6114

Tag: Underwater Housing

Update: The State of Florida Deficiency Judgments in 2014

Wed Mar 12, 2014 by on Florida Law News

The following article is written for the South Florida Law Blog by Oppenheim Law attorney Roy Oppenheim.  Florida has remained in the top three of states with the highest foreclosure rate since the housing market collapsed in late 2007. Even scarier for distressed homeowners is the fact that Florida is a recourse state, permitting lenders to seek deficiency judgments for […]

Eminent Domain: An unlikely hero for underwater housing communities

The following article was written in  Yahoo! Homes by  Roy Oppenheim, real estate and foreclosure defense attorney and republished in the  The South Florida Law Blog. Cities are turning to the concept of eminent domain to battle sinking property values and assist homeowners in distress. The desperate fight against the long foreclosure crisis plaguing working-class neighborhoods across the country may have found its […]