Divorcing Your Mortgage
Divorce? Top 10 Things You Should Know
Divorce? Top 10 Things You Should Know About Your Mortgage When Going Through a Texas Divorce. If you are currently in the process of a divorce or contemplating divorce and you have real estate and mortgage financing, there are many things you should consider. You can request a copy of the “Top 10 Things You Should…
Read MoreUnderstanding Your Divorce Mortgage Options in Texas
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…
Read MoreQualifying for a mortgage when getting a divorce in Texas. Qualified divorce income calculation.
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…
Read MoreDivorce and Your Mortgage | Contempt of Court Issues 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…
Read MoreDivorce | Avoiding a Contempt of Court Issue with Divorce and Real Estate
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…
Read MoreThe Cost of Renting vs. the Cost of Owning during a Divorce
The Cost of Renting vs. the Cost of Owning Many divorcing clients will make the decision to rent following a divorce for a variety of reasons; however, there’s more to the cost of renting vs. buying than just comparing the dollar cost of the payments. Many will argue against the value of purchasing a home…
Read MoreWho’s on Your Divorce Team? What you should know
Who is on your Professional Divorce Team? Every successful divorce case requires the execution of a professional team; so, who’s on yours? A divorce attorney may be an expert in divorce law, but they are not licensed loan officers. Divorce mortgage lending requires expertise in not only lending, but an understanding of divorces. A Divorce…
Read MoreDivorcing Your Mortgage Newsletter May 2018
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…
Read MoreDivorce and your credit report
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…
Read MoreDivorcing Your Mortgage Marital Liens
Divorcing Your Mortgage Newsletter, Marital Liens Marital Liens, Lis Pendens & Mortgages Lis Pendens are notices that warn the public of lawsuits that affect real estate. They are often used in divorce cases to protect one spouse when the other tries to transfer real estate without the other spouse’s knowledge. A Lis Pendens help to…
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