Property Details Are A Game Changer For Divorcing Homeowners
The details of real property involved in a divorce situation can play various factors when mortgage financing is needed. This article addresses some of the more commonly overlooked details. The two most often questions regarding real property during divorce: What’s it...
Two Important Concerns Regarding the Marital Home and Divorcing Veterans
According to the Veteran’s Administration, veterans are more than 60% more likely to separate or divorce than non-veterans. There are many different reasons Veteran couples have more marital difficulties than non-Veterans. There are stressors like back-to-back...
Understand The Three Common Issues That Will Disqualify Support Income During Divorce Mortgage Planning
Alimony, Spousal Support, Maintenance, Child Support, and other support payments ordered through divorce proceedings come in different shapes, sizes, and creative solutions. The divorce team may have successfully structured support orders that satisfy both parties;...
Why Does Divorce Complicate The Mortgage Process?
The last thing a divorcing homeowner wants to deal with is the headache of jumping through hoops to refinance the marital home or purchasing a new home with a mortgage lender who doesn’t understand the severity of the situation. Unfortunately, you can’t think...
Are you at risk for identify theft after divorce?
During a marriage, the financial identity of both spouses may become comingled due to joint bank accounts, joint credit cards, co-mortgagees, and more. Protecting yourself or your clients from financial identity theft during and after the divorce is final should be a...
Top 3 Mistakes to Avoid in Your Divorce Settlement Regarding the Marital Home
Often in a divorce, we are more focused on curing the problem at hand, i.e., distributing the real estate and assets, that we forget there is life after divorce. The biggest challenge is the lack of knowledge, understanding, and preparedness of how the various pieces...
What is a Financial Neutral in a Divorce?
One of the most important team members in the collaborative divorce process is the financial neutral. The financial neutral is an impartial expert in his or her field. When a primary asset of the marital estate is the marital home and other real estate assets, having...
Divorce Mediation – the House, the Mortgage, and the CDLP™
One of the biggest financial (and emotional) decisions to be made during a divorce is deciding what happens to the marital home. Deciding what to do with the home during divorce might not be as simple as who keeps the property and who moves out. If the divorcing...
