Don’t Let Divorce Ruin Your Credit

Don’t Let Divorce Ruin Your Credit

When divorce is present, it is crucial to understand what happens to the liability for credit card debt in divorcing situations. In a divorce, the extent of a party’s liability for credit card debt depends on: Whether they live in common law or community...
Mortgage This: 5 Tips for Working With Mortgage Brokers

Mortgage This: 5 Tips for Working With Mortgage Brokers

Did you know traditional financial institutions provide only 1/3 of all mortgages? It’s true—mortgage brokers sell the majority of home loan products today. Considering how much time and money a home loan broker can save you, that’s no wonder. Brokers help...
Navigating the Residential Mortgage Market: A Guide

Navigating the Residential Mortgage Market: A Guide

This year, the average rate for a fixed 30-year mortgage is 6.38%. The residential mortgage market is currently hotter and busier than ever before. More and more people are starting to buy houses even as house prices continue to skyrocket. This is the case because may...
The Issue With Overlooking Property Taxes in Divorce

The Issue With Overlooking Property Taxes in Divorce

Property Taxes and Escrow Accounts What is property tax? Property tax is paid by an individual or entity on an owned property. Property taxes are a type of “ad valorem” tax, which means they are based on the assessed value of real property and some tangible personal...
What Happens To The Reverse Mortgage After Divorce?

What Happens To The Reverse Mortgage After Divorce?

Couples can divorce later in life for the same reasons younger couples split up – but when you’re over 50, these reasons are framed by aging and the realization that you have more years behind you than ahead of you. While there may be differences in the emotional...
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