Understanding the Transfer of Real Estate During Divorce

Understanding the Transfer of 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 divorce situation. A real estate deed is a legal instrument (document), almost always in writing, that passes an interest in real estate...
Managing Divorce and Credit Card Debt

Managing Divorce and Credit Card Debt

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 a common law or community property state. whether the debt is for a joint credit card, and...
The Puzzle Pieces of Divorce

The Puzzle Pieces of Divorce

A successful divorce settlement is a result of putting the pieces of the puzzle together in such a manner that both divorcing parties come out of the divorce whole. When the divorce settlement involves real estate and mortgage financing, the Certified Divorce Lending...
Refinancing a VA Loan in a Divorce Situation

Refinancing a VA Loan in a Divorce Situation

VA Streamline Refinances (IRRRL – Interest Rate Reduction Refinance Loan) after a death, divorce or marriage. The general rule of thumb is that the eligible Veteran must remain on the loan. It’s the entitlement of the Veteran that makes the VA loan possible. 1. Can...
Not All Refinances are Equal in Divorce

Not All Refinances are Equal 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. Types of Refinancing Options: Basically, there...

Avoid Language Traps in Divorce Settlement Agreements

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 conflict. Word choice can have an effect on the divorcing client’s ability to obtain mortgage financing as well. While it may...
Real Property Transfer in Divorce

Real Property Transfer in Divorce

Real property transfer is unfortunately done more often than not without the proper long term thought or implications – Either from the perspective of a real estate attorney or a divorce attorney. The implications of transferring non-marital property: The implications...
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