Divorce Help

Nov. 14, 2022

Hope Is Not A Strategy

Sign that says property value with a house and coins

Property Value Status 

 

Property values are in a state of correction. The Fed Chair Jerome Powell has not minced words when relaying the Federal Reserve’s intentions to basically give a 10-20% haircut on property values via interest rate hikes (that show no signs of stopping). 

 

It needs ...

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Posted in Divorce Help
Oct. 11, 2022

Divorce - Impact of Child and Spousal Support on Loan Approvals

Gavel with divorce written on the image

What is the Impact of Child and Spousal Support on Loan Approvals

When you combine Divorce with Mortgage qualifying, the challenges for a successful outcome increase dramatically. Factor in external economic changes like fluctuating interest rates and housing values, and the complexities intensify.

So what is the impact of child ...

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Posted in Divorce Help
Sept. 21, 2022

Divorce's Impact On Property Condition and Values

image of a house with a crack and a band-aidDivorce's Impact On Property Condition and Values

Parties going through a divorce are often in survival mode-financially, emotionally and mentally. For those of us who work in the field of divorce real estate, we are often balancing client bandwidth with maximizing their property's financial potential.

Several things play ...

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Posted in Divorce Help
Sept. 6, 2022

The Matt Araiza News on Assault and Its Affect on Joint Property Ownership Post Divorce

united states supreme court building

Rape, Allegations, Landlords, Liability and Joint Title Post-Divorce Potential Pitfalls

Have you ever had a case where the parties deferred the sale of the real property, or they remained on title together after the divorce was over?

If you’ve been following the former Buffalo Bills punter, Matt Araiza’s, gang rape ...

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Posted in Divorce Help
Sept. 1, 2022

What you need to know about divorce equity buyouts Part 4 (Preparing to move when you have sold your equity)

man standing on coins

What you need to know about divorce equity buyouts Part 4 (Preparing to move when you have sold your equity)

You have given up your equity and there’s nowhere to go… YET !

No doubt, buying a house is usually easier than selling a house. It is common to ...

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Posted in Divorce Help
Aug. 26, 2022

What you need to know about divorce equity buy-outs: Qualifying to keep the house (Part 3 of 4)

man standing on a stack of coins

Divorce and Mortgage Financing for Your Current Home

Divorce and mortgage financing issues are commonly controversial in divorce cases, especially when one spouse is reliant on divorce income for mortgage qualification purposes. It is critical to determine whether the spouse wanting to buy out the other qualifies.

Qualifying for a ...

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Posted in Divorce Help
Aug. 18, 2022

What you need to know about divorce equity buyouts - The basics (Part 2 of 4)

man and woman standing on money

What you need to know about divorce equity buyouts - The basics (Part 2 of 4)

An equity buy-out is a process of acquiring the equity ownership of an existing legal owner of real property. If the other spouse agrees to it, they must give up ownership of the home in ...

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Posted in Divorce Help
Aug. 11, 2022

What you need to know about divorce equity buyouts - The basics (Part 1 of 4)

a man standing on coins with a womanOne of the numerous deliberations that divorcing spouses have includes whether to keep the house or to sell it?  At this point there are a few things one needs to understand before considering buying out a spouse. Let us begin with the fundamentals.

What is equity and what is ...

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Posted in Divorce Help
April 7, 2022

1031 Exchanges in Divorce

picture showing how a 1031 works

When a couple who own a home together decides to get a divorce, one of the biggest decisions they will have to make is what to do with the marital home. One option that may be available to them is a 1031 exchange.

This is a process where the owner ...

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Posted in Divorce Help
Feb. 9, 2022

To repair or not to repair: What you need to know if you have to sell during your divorce

A home with repair tools

To Repair or Not to Repair

It happens all the time. One party in a divorce may not be ready to list the marital property because they know there are repairs needed. This concern could delay the sale or cause major financial challenges. Before you have clients convinced they can’t ...

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Posted in Divorce Help