RISMEDIA, January 6, 2011—If Florida real estate posted a Facebook status, it might read: “In foreclosure.” How will last year’s foreclosure fraud meltdown impact this year’s foreclosure defense strategies?
As the Florida real estate market sputters into 2011, Oppenheim Law presents a free real estate workshop covering the future of foreclosure defense, a guide to Florida homeowners looking to buy, sell or even walk away from homeownership in 2011.
“While the recent fall in home prices and record unemployment rates are headwinds slowing down the economy, promising news such as the boost in retail sales and stocks at a multi-year high could be tailwinds strengthening for a global recovery,” said legal blogger and Florida defense attorney Roy Oppenheim. “Florida, especially South Florida, is one of the hardest hit foreclosure markets in the United States and the jury is still out as to when and to what degree it will recover.”
There are many faces behind the home foreclosure crisis—spanning all levels of society—adding up to about five million American homes, or about 10% of all homes with a mortgage, as reported by The Wall Street Journal.
“This is the new ‘normal’; the go-go days of real estate are over,” said Oppenheim. “Some markets will rebound and some will never be the same.”
Oppenheim’s real estate workshop is designed to walk homeowners through various foreclosure defense strategies such as short sales, strategic default, loan modifications, deed in lieu and deficiency judgments, taking into account today’s law and the homeowner’s legal rights.
Oppenheim Law’s 2011 Future of Foreclosure Workshop Highlights
In this timely workshop, Oppenheim shares fresh insight, including:
-Why homeowners can’t count on the government for a bailout and how they can fashion their own bailout
-Will the Florida market rebound? If so, when?
-Loan modification options and what to expect in 2011—Florida’s short sale market
-What to look for when choosing a foreclosure attorney? Is every foreclosure lawyer skilled in real estate or strategic default?
What: The Future of Foreclosures Workshop
When: Wednesday, Jan. 12, 2011 – 6 to 7 p.m.
Who: Homeowners facing foreclosure or underwater mortgages, real estate professionals, buyers, sellers and investors
Where: Oppenheim Law TV
Or come in person:
95 NW 11th St., Boca Raton, FL 33432
-Cost: Free with advanced registration
-RSVP: To register, e-mail jackie@oplaw.net or call 954-384-6114
For more information, visit www.oppenheimlaw.com.
