Divorcing Your Mortgage Newsletter – March 2020 Edition 2

Divorce and the 1031 Exchange Option Real Estate, whether it is the marital home or investment property, is one of the greatest assets owned by married couples. Typically in a divorce situation, the property is sold or retained by one party, and ownership is...
Avoid Language Traps in Divorce Settlement Agreements

Avoid Language Traps in Divorce Settlement Agreements

Avoiding Language Traps in Divorce Settlement Agreements That Could Affect Your Ability to Obtain Mortgage Financing. We know it is important to be very mindful of the words used in a divorce settlement agreement in order to avoid any language traps and future...

Divorcing Your Mortgage Newsletter – March 2020 Edition 1

Understanding the Importance of Basis When Selling the Marital Home Divorcing Clients who are selling the marital home should understand the importance of Basis. The Basis of the property is usually the acquisition cost and may be an important number when calculating...
Working with a CDLP During Divorce Mediation.

Working with a CDLP During Divorce Mediation.

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 is the management of...
Mortgage in Divorce

Mortgage in Divorce

When the divorce settlement or separation agreement involves refinancing the marital home, understanding that not all refinances are equal and what your options are can help alleviate some of the frustrations involved. Basically, there are two types of refinancing...
Dividing Real Estate in a Divorce

Dividing Real Estate in a Divorce

For many going through a divorce, the marital home and other pieces of marital real estate are their largest assets. Whether or not the marital home or real estate should be retained and by whom is often a major issue in the divorce.  What happens to the family home...

Divorcing Your Mortgage Newsletter – February 2020 Edition 1

Avoid a Housing “Crisis” – Plan Now for an Equity Buy-Out Later One of the main issues to consider early in the divorce process is what to do with the family residence. Often one party wishes to buy out the other’s equity in the property. Before any agreements...
Obtaining Mortgage Financing When The Divorce Is Pending

Obtaining Mortgage Financing When The Divorce Is Pending

As if mortgage financing isn’t complicated enough; divorce can complicate matters even further. It’s important to remember that divorce is a pending lawsuit, and while most lending agencies currently do not require that a divorce be noted as a lawsuit on mortgage loan...
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