Divorcing Your Mortgage
Negotiating a Home Equity Buyout When Getting a Divorce
Negotiating a Home Equity Buyout When Getting a Divorce The best way for divorcing couples to deal with their marital home is to “buyout” the interest of the other. Other options include selling the home, or continuing to co-own the home. The parent with custody often buys out the other parent to ensure that the children are…
Read MoreQuestions to ask before you hire a divorce attorney
You need the right legal representation to help you resolve a family matter or planning for a divorce. You also want to make sure that the family lawyer or divorce attorney you choose has the experience and knowledge necessary to handle cases similar to yours. It is important that you take the time to meet with potential…
Read More8 Things to Know About Selling Your House Before or After Divorce
8 Things to Know About Selling Your House Before or After Divorce There are many things to consider and decisions to make when going through a divorce process. One of them is figuring out what to do about the house. In some cases, one of the partners keeps the house; however, this can become an…
Read MoreUnderstanding the Transfer of Real Estate during Divorce
When transferring title and ownership to real estate during divorce, it is important to have an understanding of the various real estate deeds. When the title is not properly conveyed, problems can occur. During a divorce, title and ownership interest are very likely to change. In this article we will discuss ways to transfer title…
Read MoreEquity Buy Out Preapproval During A Divorce
Equity Buy Out Preapproval During A Divorce is just as important to obtaining mortgage preapproval to purchase a new home. It has been common practice for many years. A preapproval shows the home seller that the buyer has the financial strength to obtain mortgage financing to successfully complete the purchase transaction. The mortgage purchase preapproval…
Read MoreVoluntary Child Support Payments and Mortgage Financing | Divorce
Voluntary child support payments are the right thing to do in many cases when going through a divorce but how does that affect mortgage financing? Qualifying for a mortgage during or after a divorce may seem cumbersome to many with the proof of receipt of income, copies of documents and more. But what if there…
Read MoreCan You Transfer a Mortgage in a Divorce? | Divorce Your Mortgage
With 70% of all divorces in the United States involving real estate, one of the first questions to arise is “Can you transfer a mortgage in a divorce?” The answer is yes and no – depending upon what type of mortgage you have. There are typically only 3 ways to transfer a mortgage in a…
Read MoreDivorce? Top 10 Things You Should Know
Divorce? Top 10 Things You Should Know About Your Mortgage When Going Through a Texas Divorce. If you are currently in the process of a divorce or contemplating divorce and you have real estate and mortgage financing, there are many things you should consider. You can request a copy of the “Top 10 Things You Should…
Read MoreUnderstanding Your Divorce Mortgage Options in Texas
Understanding your divorce mortgage options in Texas as it is a little different than other states. If you are going through a divorce, mortgage issues need to be addressed and taken care of if the two of you own a home together. Even if your divorce decree states one spouse will be responsible for the…
Read MoreQualifying for a mortgage when getting a divorce in Texas. Qualified divorce income calculation.
Qualifying for a mortgage when getting a divorce in Texas. Qualified divorce income calculation can be very tricky. Often times in a divorce and mortgage situation there are various types of income to consider: Employment Income; Alimony/Maintenance Income; Unallocated Maintenance Income; Child Support Income; Property Settlement Note Income; and more. Although all sources of income…
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