Are you about to be a single parent needing to refinance your home after divorce? Many divorce decrees state the a house must be refinanced within a certain amount of time after the … [Read more...]
Search Results for: divorce
The Harmful Effect of Anchoring In the Divorce Process
The process of divorce is an emotional battle of attrition in and of its self. In this blog post we talk about the detriment anchoring has on your crucial decision making and provide some … [Read more...]
Understanding Owelty in Texas Divorce: A Financial Solution for Property Division
Divorce can be tough, especially when it comes to dividing property like houses. In Texas, there is a helpful thing they call and "owelty". Here's a simple breakdown of what they are and how they … [Read more...]
Divorce and Your Property
Divorce and your property is a common focus in our industry. When someone is getting a divorce and they find me, the questions remain the same. How do I remove my spouse from the property … [Read more...]
Most Common Mistake During Divorce Mortgage
Most Common Mistake a Post Divorce Mortgage There are about 5 or so mistakes I see commonly in post divorce mortgage lending while working with spouses after they have gone through a divorce, but the … [Read more...]
Calculating Equity Division In Divorce
Equity is calculated by subtracting your mortgage balance from your appraised value. To calculate your equity then, you have to know what your current balance of your mortgage is, and what your … [Read more...]
Purchasing A Home After Divorce
As an active loan officer in Texas now for over 13 years, and divorce lending being a major component of my business, the divorce as it relates to the home, house title, and the mortgage really … [Read more...]
Divorce Owelty Process In 4 Stages
From Pre-Divorce Stage to Owelty Refinance Final Stage (leaving spouse receives equity money) I’ve been handling divorce clients and helping them prepare for divorce as it relates to the family home … [Read more...]
Divorce and Property – 3 Options
Divorce, Owelty, Lis Pendens, and Your Options During a divorce or after the divorce decree is completed, there are only 3 options you have in regards to what you can do with your mortgage and home. … [Read more...]
VA Refinance Divorce Mortgage and Owelty
Many Loan Officers are not aware that you can use the VA Home Loan in conjunction with the owelty refinance during a divorce. This short video explains some of the details in this process. To see … [Read more...]