We ended our last blog with a land mine many investors face during a purchase of a property in foreclosure – unknown or unforeseen liens such as past HOA dues. Because foreclosures present good purchase opportunities for investors, it’s important for investors to understand basic concepts in the foreclosure process. All foreclosures are actions are […]
Widerman Malek Law Blog
Understanding Liens—a Gold Mine or Land Mine, Part 2
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 […]
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 […]
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 […]
Why tenant security deposits are a minefield for Florida landlords by Charles P. Castellon, Esq.
All Florida landlords should read and understand the state’s landlord-tenant laws found in Chapter 83 of the Florida Statutes. A part of the law that contains pitfalls and has historically caused problems for investors is 83.49. This subsection covers tenant security deposits and the rules governing how landlords may hold and refund deposits following the […]
What Real Estate Professionals Should Know About Fair Housing Laws
By Charles P. Castellon, Esq. All real estate professionals should be very much aware of certain legal issues regarding housing discrimination and the federal and state laws that cover them. Some very important issues involve fair housing laws designed to protect the public from the discriminatory practices that once flourished in the real estate industry. […]
Airbnb — a Threat or Opportunity for Landlords?
By Charles P. Castellon, Esq. © 2018, All Rights Reserved. The law has always struggled to keep up with technology. Back in the 70’s, the legal system was not ready to address issues stemming “test tube” babies and currently, there are some gray areas involving digital assets in estate planning. In the still-young internet age, […]
“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 […]
The One Thing You Can’t Do When Protecting Your Assets
By Charles P. Castellon, Esq. (c) 2018 all rights reserved. The concept of asset protection is largely misunderstood. There are many bad things that can happen to good people. These events often lead to attempts to take away what we work hard to acquire. An important and effective habit is to consider all the “what […]
How to Take Care of Your Children When You’re Gone Through Estate Planning
By Charles P. Castellon, Esq., Widerman Malek Celebration Law Office (407) 566-0001 charles@cpclaw.net www.celebrationlaw.com © 2017, All Rights Reserved Start by thinking about it Now that the holiday season is in full swing, we parents know that it’s pretty much all for our children. We work so hard to make them happy and give them […]