Can I Buy a New House Before My Divorce Is Final in Texas?

Yes, it may be possible to qualify for and purchase another home before your Texas divorce is final. But being separated does not automatically separate your finances for mortgage purposes, and buying too soon without coordinating your mortgage and divorce strategies can create problems you didn’t expect. This question comes up constantly. You’re separated. You’ve…

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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…

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Divorce is a challenging and incredibly stressful process, particularly when it comes to dividing assets like the family home. As a Certified Divorce Lending Professional, I have the expertise to guide you through this complex situation, especially with the use of an Owelty lien, which is a powerful tool in Texas for dividing home equity…

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How Can An Owelty Lien Ease Your Divorce? By Elisa Reiter If you start with a definition from the dictionary, you may walk away without realizing what a wonderful device an owelty lien can be. Definition of OWELTY • Law Dictionary • TheLaw.com. Don’t walk away! Let’s say you and your partner are dissolving your…

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Divorcing Your Mortgage August 2017

Divorcing Your Mortgage | August 2017 Transfer of Ownership in Real Estate During Divorce The basic understanding of the various real estate deeds is a must when transferring title and ownership to real estate during a divorcing situation. This August Divorcing Your Mortgage newsletter will help you better understand the various forms of ownership of…

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