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'Should You Walk? Real Estate Workshop' Gives Homeowners Options

Making the Right Choice to Walk Away From a Home, Give the Keys to the Bank or Fight for a Loan Modification, Florida Foreclosure Defense Attorney and Blogger Roy Oppenheim Tells Homeowners When It's Time to Stay Put or to Throw in the Towel

The government says loan modification, the banks say foreclosure, and the homeowners say 'here's the keys, I'm done.' Roy Oppenheim says let's fight foreclosure and understand the fundamental rights.

Walking away from homes with negative equity is the trend in places like South Florida where as many as 78 percent who bought homes since 2004 are now underwater. It's called "strategic defaults," says real estate attorney Roy Oppenheim who points to a recent study by the University of Chicago and Northwestern. The study notes that 26 percent of all mortgage defaults are not based on an individual's inability to pay, but rather the decision not to pay their mortgage because the value of the property has decreased substantially.

Homeowners have options and the landscape is changing daily. Presenting a free real estate workshop in August, Oppenheim delves into the ins-and-outs of strategic defaults, foreclosures, mortgage modification tips, and ways to help homeowners survive during this time of real estate havoc and negative equity.

    What:           August Real Estate Workshop
    Where:          2500 Weston Rd Ste 404, Weston, FL 33331
    When:           August 6th, 2009, 6:00 to 7:00 PM
    Why:            Free with advanced registration
    More Info:      To register email roy@oplaw.net

"We want to spread the word so South Florida homeowners understand their legal rights during the foreclosure process," said Roy Oppenheim. "We are beginning to see people opting for strategic foreclosures where they just walk away from their home because it does not make economic sense to continue making payments when their property is underwater."

The Oppenheim Law workshop will provide insight for homeowners on their various options during these turbulent economic times including: foreclosure defenses, Florida mortgage modifications, deed-in-lieu of foreclosures, short sale advice, bankruptcy, deficiency judgments, and counterclaims against the banks.

About Oppenheim Law

Founded more than nineteen years ago by a husband and wife legal team, Oppenheim Pilelsky, P.A. is uniquely positioned as one of Florida's leading boutique law firms, focusing on Florida real estate and foreclosure law. Serving the greater Fort Lauderdale, Florida-area and serving high-profile national, international and local clients, the firm is proud to have the highest (A-V) rating, conferred by Martindale Hubbell® Law Directory -- the most respected directory of lawyers and law firms in the United States.

Address: 2500 Weston Rd, Ste 404 in Weston, FL 33331.
Phone: 954.384.6114
Learn: http://www.oppenheimlaw.com
Follow: http://twitter.com/oplaw
Subscribe: http://southfloridalawblog.com
Watch: http://www.youtube.com/user/oppenheimroy