About Portland
Divorcing Your Mortgage Newsletter – December 2019 Edition 1
Marital Liens, Lis Pendens & Mortgage Financing 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...
read more
I Can’t Buy a New Home if I’m Still on the Marital Mortgage!
“I can’t buy a new home if I’m still on the marital mortgage!” is often the statement made by the spouse leaving the marital home. Unfortunately, this isn’t necessarily true. In many divorce situations, the spouse retaining the marital home...
read more
How to Ditch FHA Mortgage Insurance Premiums
When you get a mortgage, you’re signing a million sheets of paper and agreeing to pay a lot of things that you may not understand at the time. Closing costs, down payments, inspections, real estate agent fees, home insurance, escrow, and so on and so forth. One of the...
read more
The Advantage of Working with a CDLP when Mediating the Marital Home.
Mediation is a process in which a third person helps the participants in a dispute to resolve it. In order to resolve the dispute, the participants must negotiate a solution. Problem-solving is part of the negotiations. The process of mediation...
read moreDivorcing Your Mortgage Newsletter – November 2019 Edition 2
Avoiding Acceleration of Mortgage in a Divorce Situation Although the Divorce Decree may determine who retains ownership of the marital home after the divorce is final, it is important to understand that the Deed, Decree and Debt are three...
read moreDivorcing Your Mortgage Newsletter – November 2019 Edition 1
Working with Support Income for Mortgage Financing Divorce and mortgage financing concerns are often a touchy subject in divorce situations. Particularly when one spouse is dependent upon income awarded from the divorce for mortgage qualifying...
read more
Don’t Ignore Your Credit During Divorce
Not only can divorce lead to emotional strain, but it can also cause all sorts of financial problems. All those shared accounts and co-signed loans that once seemed like a great idea are now the cause of major issues. Don’t assume your clients will play...
read more
Divorce: A War of Words
Choosing the words carefully in the divorce settlement agreement can help avoid language traps that could affect the ability to obtain mortgage financing. We know it is important to be very mindful of the words used in a divorce settlement...
read more
Nobody Puts 20% Down on a House Anymore and Here’s Why
According to the Finance Policy Center, down payments are the largest obstacle that first-time homebuyers face. However, this does not need to be the case. Because for some time now, not everybody is putting a 20% down payment on their house. In fact, according to NAR...
read more
The Advantages of a Strong Divorce Team
When a divorce involves real estate and mortgage financing – you need to work with a Certified Divorce Lending Professional. A professional divorce team has a range of team players including the attorney, financial planner, accountant,...
read more
