Understanding Your Divorce Mortgage Options in Texas

Divorce Breaks your heart

Understanding your divorce mortgage options in Texas as it is a little different than other states. If you are going through a divorce, mortgage issues need to be addressed and taken care of if the two of you own a home together. Even if your divorce decree states one spouse will be responsible for the […]

Qualifying for a mortgage when getting a divorce in Texas. Qualified divorce income calculation.

pieces of the divorce lending puzzle

Qualifying for a mortgage when getting a divorce in Texas. Qualified divorce income calculation can be very tricky. Often times in a divorce and mortgage situation there are various types of income to consider: Employment Income; Alimony/Maintenance Income; Unallocated Maintenance Income; Child Support Income; Property Settlement Note Income; and more. Although all sources of income […]

Divorce and Your Mortgage | Contempt of Court Issues after Divorce

Contempt of Court after divorce

Avoiding a Contempt of Court Issue after a Divorce A Contempt of Court issue when a former spouse fails to execute their obligations in the marital settlement agreement with regards to real estate and mortgage financing can be avoided if the right steps are taken in advance. There are many times when mortgage financing is […]

Divorce | Avoiding a Contempt of Court Issue with Divorce and Real Estate

Who is on your professional divorce team?

Avoiding a Contempt of Court Issue with Divorce and Real Estate. Divorce is a complicated thing, you should work with a team of professionals, not just an attorney. A Contempt of Court issue when a former spouse fails to execute their obligations in the marital settlement agreement of a divorce with regards to real estate […]

Divorcing Your Mortgage Newsletter May 2018

Trivia Divorcing Your Mortgage

Divorcing Your Mortgage Newsletter.  May 2018, bringing you Divorce Trivia. The History of Trivia is Anything But Trivial Calling all trivia buffs! You may school your friends in every random fact from pop culture to World War II, but how much do you know about the history of trivia itself? The dictionary defines trivia as […]

Divorce and your credit report

Dividing Up Credit Card Debt During A Divorce

Divorce can ruin your credit report.  Divorce is hard enough when you combine finances, it can sometimes lead to difficult situations.  Often times these difficult situations are initiated by a soon to be ex-spouse making late payments on shared accounts. These late payments appear on both of the account holders’ credit reports, despite divorce decrees.  In […]

Property Settlement Notes when Divorcing

Divorcing Your Mortgage Newsletter

Property Settlement Notes in Divorce Property Settlement Note – a deferred payment in property settlement used to equalize property. Used to equalize property Not taxable to recipient Does not survive bankruptcy Very often when divorcing couples negotiate the terms and conditions of a property settlement, they agree to a structured settlement, which is a series […]