Rothman and Tobin

Anyone who has considered buying, selling or leasing real estate in the last few years understands that market conditions have made it so that completing even the most basic transaction is anything but basic. Who would have imagined that the simple act of renting an apartment would warrant a title search to make sure the property is not in or about to enter foreclosure, or that it might take more than eight months to find out if an offer on a single-family home was accepted or even countered? The real estate industry today is unlike anything we have ever witnessed in the past as short sales, foreclosures, drum-tight lending requirements and many, many other factors are creating a multitude of problems that can catch even the most seasoned buyers and sellers off guard. So at this time, when the market offers as many headaches as it does bargains perhaps the most intelligent real estate decision you can make is electing to have an experienced real estate attorney on your side. Continue reading →

With the number of foreclosures in South Florida up more than 71 percent in the first quarter of 2010 compared to the same time period last year and one in every 46 homes in some stage of the process, it seems almost certain that you, or someone you know, is in the midst of this very trying and tumultuous situation. So what do you do if you find yourself upside down, struggling to make your mortgage payments or facing the very real possibility of losing your property? The long and short answer is…it depends on your goals, your situation and how effectively you can assess your potential options and pursue them. Continue reading →

After almost 20 years focusing exclusively on real estate law, it has been truly amazing to witness how much the market has changed in the past four years. From the implosion of the subprime and collateralized mortgage market and the collapse of Wall Street, to the rampant over-development and speculation in Miami and beyond, a wide array of factors have created turmoil, uncertainty and, in some cases, opportunity across all segments of the industry. Continue reading →