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Florida Strategic Default and Foreclosure Workshop Hosted by Roy Oppenheim July 7
Can the Government Stop Homeowners From Walking Away When They Can Afford to Pay? Attorney Roy Oppenheim shared his thoughts on foreclosure defense with Sun-Sentinel writers Paul Owers and Harriet Johnson Brackey in two front-page stories this week. As part of the July Real Estate workshop, Oppenheim covers details on the government’s latest plan for strategic defaults as well as how homeowners can defend underwater mortgages. Free Legal Real Estate Workshop Wednesday, July 7, from 6-7 p.m.
Fort Lauderdale, FL – June 18, 2010 –The silent revolution of homeowners turning to strategic default reached the halls of Congress, and legislators are searching for answers, according to Florida Foreclosure Defense Attorney and legal blogger, Roy Oppenheim.
Responding to a wave of more than 1 million homeowners strategically defaulting on their mortgage to gain the attention of banks and advantages in negotiations, House Republicans introduced a provision barring government-backed loans for borrowers who walked away from their homes when they could still afford the mortgage payments.
Join Oppenheim, whose firm and Workshops were recently profiled in the South Florida Sun-Sentinel, on July 7 LIVE Online or in Weston, FL, as he explains why homeowners on the verge of Shay’s Rebellion 2.0 hold the power and means to fashion their own financial bailout.
What: Strategic Defaults + Shay’s Rebellion 2.0 Explained: Free Workshop
When: Wednesday, July 7, 2010 - 6:00 to 7:00 PM
Who: Homeowners facing foreclosure or underwater mortgages, real estate professionals, buyers and sellers
Or come in person: 2500 Weston Road, Suite 404, Weston, FL 33331
Cost: Free with advanced registration
Consumers are fed up with the unwillingness of banks to modify loans and feel the need to act because of this economic crisis just like the Americans who fought in Shay’s Rebellion during 1787. This House provision, while ambiguous and seemingly impossible to enforce, sends a clear sign the revolt against unruly banks and unproductive bailouts is gaining traction.
“It’s amazing that businesses and banks regularly turn to strategic default as a means of saving capital and preserving their best interests, yet you will never hear Congress even whisper of imposing restrictions or deterrents on these institutions,” Oppenheim said. “Once again, homeowners are staring sheer hypocrisy in the face when it comes to America’s banking practices and real estate.”
Homeowners across the country will learn how to escape underwater mortgages on July 7 by joining Oppenheim Law during the next Strategic Foreclosure Defense Workshop to hear the steps to a successful strategic default, learn about the latest foreclosure defense techniques as well as valuable advice on avoiding costly deficiency judgments.
Ask questions, get answers and inform yourself on the following topics:
· Get details on the latest House provision designed to discourage strategic default
· Find out how homeowners are continuing a strategic default revolution
· Hear the steps to a successful strategic default and strategic foreclosure
· Learn the process of foreclosure and how to fashion your own bailout
· Find out how Oppenheim Law is using the size of the foreclosure crisis against the banks to defend foreclosure and prevent deficiency judgments
· Tips on preparing and completing short sales
Learn: http://www.oppenheimlaw.com
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