BOCA RATON, Fla., March 2, 2011 /PRNewswire/ -- Red carpet winners and short sales. And the best feature documentary Oscar winner is: "Inside Job," a film about the 2008 financial system meltdown. How appropriate was producer Charles Ferguson's comment in his acceptance speech that "not a single financial executive has gone to jail and that's wrong"?
Meanwhile, Florida real estate is no red carpet winner when it comes to the housing market. Oppenheim Law announces its real estate webinar, streaming live Wednesday, March 9th at 6 p.m., designed to help Florida homeowners use today's economic conditions to their advantage and fashion their own bailouts.
Florida real estate is not immune to the financial system meltdown or the recent world events, according to Florida Foreclosure Defense Attorney and Legal Blogger Roy Oppenheim.
As revolutionary tremors continue to spread through the Middle East and actual tremors rocked New Zealand with a 6.3 magnitude earthquake, Oppenheim Law offers insight on how these international events could impact Florida's real estate market as well as sharing the latest legal trends in foreclosure defense and short sales strategies.
"As the price of oil continues to increase, the number of new jobs decreases, and unemployment starts to spike," Oppenheim said. "As a result, there won't be enough income to sustain a true housing recovery."
Oppenheim's short sale and foreclosure 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.
What: Global Impact on Florida Short Sales and Foreclosures Workshop
When: Wednesday, March 9, 2011 - 6 to 7 p.m.
Who: Homeowners facing foreclosure or underwater mortgages, real estate professionals, persevering through a short sale, first-time home buyers, closing on your dream home, 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, email firstname.lastname@example.org or call 954.384.6114
"While there seems to be more optimism, we also must have a reality check," said Oppenheim. "People think that real estate is pulling the economy out of the hole but it's not - it's pulling it back in. There has never been a better time to seize a short sale market."
In this timely workshop, Oppenheim shares fresh insights, including:
- How the rising price of oil will affect the American job market, and in turn affect the housing market.
- What these trends mean for Florida foreclosure defense and how homeowners can use these events to their advantage to engineer and structure a short sale.
- The impact that a sluggish start to the national "selling season" will have on a local level.
- Why home prices will continue to drop in the months ahead.
- And how a double dip recession could impact homeowners in the coming months.
With oil prices increasing as much as 10% in two days, and the Dow suffering its worst week since early August this may spell inflation and lower consumer spending. So don't miss Oppenheim Law's timely foreclosure and short sale workshop, Wednesday, March 9, at 6 p.m. on http://www.oppenheimlaw.tv.
For more short sale and foreclosure news subscribe to us on our blog (http://southfloridalawblog.com/feed/), Like us on Facebook (http://www.facebook.com/oppenheimlaw), watch us on YouTube (http://www.youtube.com/oppenheimroy), or Tweet us on Twitter (http://www.twitter.com/navahk)
SOURCE Oppenheim Law