How to Divide Your Home Equity in a Divorce What Do You Need

How to Divide Your Home Equity in a Divorce: What Do You Need? Divorce is a difficult and stressful process.  Not only will you feel the loss of a relationship, but you may also be dealing with legal and logistical hurdles. Splitting up real estate assets, even in the best of relationships, can cause distrust and resentment.…

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Perspective of a Certified Divorce Lending Professional

A Certified Divorce Lending Professional works for you. Mortgage professionals who are certified as divorce professionals have successfully completed a comprehensive certification program that includes continuing education, development, and mortgage planning. This ability to see beyond the typical scope of a traditional mortgage professional is a major difference from those without training, who only have a…

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Divorce Equity Buy-Out Pre-Approval in a Changing Mortgage Environment

The mortgage rates for 30-year fixed-rate loans are higher now at more than 6%. This makes it difficult for divorcing homeowners who want to refinance for an equity buy-out or purchase a new home. Most homeowners facing divorce are faced with refinancing their mortgage. They will likely have an interest rate of 4% or lower. Recent increases…

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How Can An Owelty Lien Ease Your Divorce? By Elisa Reiter If you start with a definition from the dictionary, you may walk away without realizing what a wonderful device an owelty lien can be. Definition of OWELTY • Law Dictionary • TheLaw.com. Don’t walk away! Let’s say you and your partner are dissolving your…

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