Florida Fraud-closure Workshop: How to Fashion Your Foreclosure Bailout Through Strategic Default

It's a fraud-closure world after all! Join Florida real estate attorney and legal blogger Roy Oppenheim on Wednesday, December 1, 2010 from 6-7 pm via a streaming webcast on Oppenheim Law TV or limited seating for the live workshop in Boca Raton, FL

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Oppenheim Law

Nov 22, 2010, 09:09 ET

BOCA RATON, Fla., Nov. 22, 2010 /PRNewswire/ -- As Florida leads the nation in mortgage delinquency, Foreclosure Defense Attorney Roy Oppenheim announces Oppenheim Law's 26^th consecutive monthly foreclosure defense workshop scheduled for Wednesday, December 1, 2010 from 6:00 to 7:00. Oppenheim, who has coached thousands of homeowners through his seminars, will focus on how homeowners can fashion their own bailout through strategic default.

Highlights include:

Is Congress secretly working on bailing the banks out, again, of a possible $7 trillion foreclosure crisis?
Will there be a foreclosure fraud bailout fund in the works?
What does it mean that more foreclosures are coming from the prime versus subprime loan market?
Since 50% of loan modifications fail, what are the real options to fashion your own bailout?
Are pre-approved short sales a possibility in 2011?
What to look for when choosing a foreclosure attorney? Is every foreclosure lawyer a strategic default or real estate expert?

Florida foreclosure by the numbers puts the Sunshine State in the lead. Based on foreclosure inventory, the states with the highest rates were Florida (13.68 percent), Nevada (9.72 percent) and New Jersey (6.73 percent). The percentage of loans in Florida where foreclosure was started during the third quarter rose 25 basis points, to 2.32 percent.

More strikingly, the Federal Reserve expects foreclosures to hit an additional 4.25 million families in the next two years.

"This is the new normal, so you better get used to it and be prepared to deal with it," says Oppenheim, who was recently used as an expert source for a front page foreclosure story in the Sunday edition of The New York Times. "I don't mean to be blunt, but don't count on the cavalry coming anytime soon … meaning homeowners need to be prepared to fashion their own bailout and know the rules of the road. You can't count on the government. I said that from day one. If it wasn't for the new fraud-closure crisis, this wouldn't even be news anymore."

What: Florida Homeowner Foreclosure Fraud Workshop
When: Wednesday, Dec. 1, 2010 – 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