In an effort to help homeowners avoid losing their properties to foreclosure auctions, lawyer Roy Oppenheim held a free seminar on foreclosure defense in his law office lobby while other interested homeowners watch the workshop on a live Internet feed.
Oppenheim is one of the lawyers who have shifted focus and became foreclosure defense attorneys as increasing number of homeowners saw their houses become foreclosed homes for sale in Pompano Beach, FL and in other areas of the state. According to him, his boutique law firm has handled around 400 cases of short sales, loan modifications and foreclosures within the past couple of years.
According to the latest statistics, the number of Florida foreclosed homes has further increased in May, causing defense foreclosure lawyers to be inundated by huge amounts of caseloads that they admit they have difficulty addressing. They reported that clients come in droves to seek help on how they can keep their residences, while some arrive in their offices resigned to the fact that they are going to lose their homes and just want assurance that lenders will not come after them in the future seeking debt payments.
Homeowners who attended Oppenheim’s workshop are mostly worried that they will lose their homes to foreclosure auctions and are embarrassed by their problems. Oppenheim exerted efforts to put them at ease by telling them that they are not the only ones with the same problem and that more than 10 million Americans are also facing foreclosures, with majority owning homes that are worth less than what they owe to their mortgage.
He also showed that he was on the side of homeowners as he criticized lenders for allegedly spending federal money for acquisitions and bonuses instead of modifying borrowers’ mortgages. He added that banks are part of the reason why Florida is one of the places where people can find foreclosed homes for sale by the thousands.
Oppenheim was hoping that some of those who attended the seminar and those who watched the live streaming would end up becoming his clients. He revealed that he read books, took a short course and consulted other lawyers to learn all about foreclosures auctions and related issues.
John Cutts has been educated in the finer points of the foreclosure market over 5 years.
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