keep house after divorce Archives | The Richard Woodward Team Nexa Mortgage

Can I Buy My Ex-Spouse Out of the House If I Don't Have Cash

The short answer is yes—in many Texas divorces, you may be able to buy out your ex-spouse’s share of the home’s equity without writing a large personal check. One of the biggest misconceptions I hear is: “Richard, I’d love to keep the house, but I don’t have $150,000 sitting in the bank to buy out…

What If I Can't Qualify for the Mortgage on My Own After Divorce

The short answer is this: Don’t assume you won’t qualify until you’ve had a complete mortgage review with me. This is probably the biggest fear I hear from homeowners going through a divorce. “Richard, I’ve never qualified on my own. I don’t think I can keep the house.” Sometimes that concern is valid. But many…

Should We Sell the House or Refinance During Divorce

The short answer is this: There isn’t one right answer—but there is a right answer for your situation. One of the first questions I ask homeowners during a divorce consultation is, “What do you want your life to look like one year from now?” Most people think the conversation starts with interest rates or mortgage…