In Part One of this series, I discussed the importance for investors to know just what they are buying when seeking out distressed property. As described in the our first blog, it is ok to buy that 7-11 hot dog, but only if that’s the value purchase you intend to make. Investors should know what […]
Widerman Malek Law Blog
Understanding Liens—a Gold Mine or Land Mine, Part 1
Warren Buffet is widely regarded as one of the greatest investors of all time. Though he’s not famous for real estate investing, his principles are universal. Buffet built his fortune on value investing and the idea that you make your money when you buy, not when you sell. He has long talked about buying shares […]
Widerman Malek Obtains Victory at Trial
On November 2nd, 2018, Widerman Malek obtained an order granting its client’s motion for involuntary dismissal with prejudice. This remedy is granted less than 0.1% of the time state-wide at the county level. This was a matter in which our client would have lost his business, and likely ended in financial ruin to himself and […]
Options for Selling Inherited Real Estate in Florida
Option: Selling to an Investor There are many real estate investors very interested in buying properties out of probate. Some investors specialize in this market and manage marketing campaigns targeting heirs. The most common way to reach heirs is by getting their addresses through public record probate filings used to send direct mail pitches to […]
“Close More Deals with Alternative Financing” – Attorney Castellon to Speak Sept.
Date: Saturday, September 20, 2018 Time: 9:00AM – 4:00PM Location: Bohemian Hotel, 700 Bloom St., Celebration, FL Attorney Charles Castellon will be included amongst the speakers at this event being sponsored by Pact Prosperity. Mr. Castellon will be speaking on the subjects of credit qualification for mortgage lending and factors to be aware of related to […]
Appraisal Contingencies – What Home Buyers Should Know
Purchasing a new home can be both an exciting and stressful proposition. It likely involves traveling around to numerous homes and touring them with your realtor (if you have one) and trying to decide the best location for yourself and/or your family. When you’ve finally decided on the home, that is where the real work […]
Use Land Trusts to Protect Your Assets
By Charles P. Castellon, Esq. (c) 2017 All rights reserved. If you own real estate assets, you should know about asset protection strategies. Real estate investors have long used land trusts in Florida to hold title to their properties. There are many reasons to use land trusts, but this article will focus on the asset […]
Why That Property You Bought at the Tax Deed Sale May Land You in Court
By Charles P. Castellon, Esq. 2017 © All rights reserved. Recognizing the adage that “you make money when you buy,” all real estate investors look for bargains. A popular place to buy low is the tax deed auction. Many investors specialize in this area or include tax deeds among other acquisition strategies. The main drawback, […]
What Do I Do if My Condo Was Damaged By Hurricane Matthew?
Are you the owner of a condominium that suffered damage from the recent hurricane? It is frustrating when the condominium association points the finger at the insurance company and the insurance company points back at the condominium association. Or maybe they are both pointing the finger at you. Meanwhile, your unit was damaged, it was […]
Beware of the Zombie Property Apocalypse
By: Charles P. Castellon In recent years, zombie movies and television shows have been a big hit. I think there’s a certain release that comes from watching gory violence committed by and against the undead. I’m still unsure of the rules for how to vanquish a zombie, but there’s another zombie problem in the real […]