Posts Tagged ‘divorce’
How to Divide Your Home Equity in a Divorce: What Do You Need?
How to Divide Your Home Equity in a Divorce: What Do You Need? Divorce is a difficult and stressful process. Not only will you feel the loss of a relationship, but you may also be dealing with legal and logistical hurdles. Splitting up real estate assets, even in the best of relationships, can cause distrust and resentment.…
Read MoreDivorce Equity Buy Out Is better with an Owelty Lien
Divorce Equity Buy Out Is better with an Owelty Lien and up to 95% of the home’s value. The decision of which spouse will keep the marital house is an important one in many divorce situations. In some cases, the spouses agree to sell their home and split the equity. Other cases see one spouse keeping the…
Read MoreWhat Can A Certified Divorce Lending Professional Do For You
A Certified Divorce Lending Professional works for you. Mortgage professionals who are certified as divorce professionals have successfully completed a comprehensive certification program that includes continuing education, development, and mortgage planning. This ability to see beyond the typical scope of a traditional mortgage professional is a major difference from those without training, who only have a…
Read MoreDivorce Equity Buy-Out Pre-Approval in a Changing Mortgage Environment
The mortgage rates for 30-year fixed-rate loans are higher now at more than 6%. This makes it difficult for divorcing homeowners who want to refinance for an equity buy-out or purchase a new home. Most homeowners facing divorce are faced with refinancing their mortgage. They will likely have an interest rate of 4% or lower. Recent increases…
Read MoreNegotiating a Home Equity Buyout When Getting a Divorce
Negotiating a Home Equity Buyout When Getting a Divorce The best way for divorcing couples to deal with their marital home is to “buyout” the interest of the other. Other options include selling the home, or continuing to co-own the home. The parent with custody often buys out the other parent to ensure that the children are…
Read MoreQuestions to ask before you hire a divorce attorney
You need the right legal representation to help you resolve a family matter or planning for a divorce. You also want to make sure that the family lawyer or divorce attorney you choose has the experience and knowledge necessary to handle cases similar to yours. It is important that you take the time to meet with potential…
Read More8 Things to Know About Selling Your House Before or After Divorce
8 Things to Know About Selling Your House Before or After Divorce There are many things to consider and decisions to make when going through a divorce process. One of them is figuring out what to do about the house. In some cases, one of the partners keeps the house; however, this can become an…
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…
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