When you think about an equitable divorce – a separation that is fair to both parties, the house is often the elephant on the scale. It is typically the largest asset, by far, that you hold as communal property and can overwhelm your other financial decisions.
How you fare with the sale of your current home has a huge impact on whether or not you can afford another one. Even if one of you decides to keep your current home, the financial tides are shifting dramatically and you may not be able to afford it.
I have a specialty in real estate transactions involving divorce, and my experience can help you make informed decisions that will allow you to plan for these eventualities.
My experience and the professionals I work with, like lenders and financial advisors, can relieve you of much of the burden you are facing and protect you in the process. There are a lot of moving parts here. Don’t go it alone.
There are a host of potential pitfalls hiding behind your mortgage. My review of your house documents such as your mortgage and insurance and an investigation of your title will help alert you to potential issues like liens or claims. When you are separating, who signed what becomes very important. Anything that affects your ownership or equity is critical.
A thorough market analysis is absolutely essential for you and the court. The information I provide will help you make Informed decisions – which are always better decisions.
The quality of your life immediately after your divorce is going to depend heavily on your creditworthiness. Establishing a new home or operating with seriously adjusted finances is going to be challenging or impossible without good credit. My team of professionals can provide the financial guidance that will help assure your future remains intact.
If you are keeping the house, I can alert you to potential issues with revised insurance and credit requirements that you may not have considered.
If you are establishing a new home, as a licensed REALTOR and as someone who is familiar with your situation, I can provide you with the personalized assistance that can make your search easier and more productive.