Description
Hey real estate investors, ever thought about the unexpected legal risks and opportunities in property investments? You won't believe the essential secrets to minimizing legal risks while maximizing profits. Get ready to supercharge your real estate game and make informed decisions like a seasoned pro. Intrigued? Stay tuned to uncover the surprising legal insights that will transform your real estate investing journey.
In this episode, you will be able to:
Master Real Estate Investing: Learn the essential elements of a real estate investment contract to protect your interests and make informed decisions.
Safeguard Your Investments: Discover how to protect yourself against fraudulent contractor liens and minimize legal risks in real estate projects.
Secure Your Property: Uncover the benefits of title insurance in real estate and how it can provide peace of mind and protect your investment.
Navigate Foreclosure Laws: Gain insights into navigating foreclosure laws for real estate investments to make informed decisions and minimize risks.
Effective Project Management: Learn strategies for effectively managing construction project changes and ensuring successful real estate investments.
Corinne Rockoff is a seasoned attorney with a passion for real estate, construction, and property law. Having navigated various regions in the U.S., Corinne has honed her expertise in both transactional and litigation work. Her love for real estate stems from witnessing the tangible impact of property transformations on communities, making her insights invaluable for investors seeking to navigate legal complexities and minimize risks. With her wealth of experience and down-to-earth approach, Corinne brings a unique blend of legal knowledge and practical understanding to the world of real estate investing.
The key moments in this episode are:
00:00:00 - Corinne's Background and Interest in Real Estate Law
00:04:10 - Real Estate Investing in Detroit
00:08:35 - Importance of Title Insurance in Real Estate Investing
00:20:02 - Redemption Rights in Foreclosures
00:26:42 - Utilizing Change Orders and RFIs
00:33:25 - Key Takeaways and Tips for Property Investors
00:36:20 - Final Thoughts and Contact Information
The resources mentioned in this episode are:
Contact Corinne Rockoff at Maddin Hauser Law Firm for legal advice and referrals in real estate matters. Visit the firm's website at maddinhauser.com for more information.
Ensure you have a written contract with your contractors for any real estate projects. Familiarize yourself with the terms and clauses in the contract to protect yourself from potential disputes.
Consider using title insurance for both owner's and lender's policies to protect your interests in real estate transactions.
Utilize lien waivers and clauses in your contracts to protect yourself from subcontractor liens and potential disputes with contractors.
Stay informed about foreclosure laws and redemption rights in your state if you are considering real estate investment opportunities in that area.
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