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 the Nuances: Mortgage Prequalification vs. Mortgage Preapproval
In the exciting journey of purchasing a home, navigating the terminology and processes involved can feel like diving into a sea of jargon. Two terms often encountered in this realm are "mortgage … [Read more...]
Owelty Loans: Financing Options for Real Estate Buyouts
As a Certified Divorce Lending Professional, I recognize that when it comes to real estate, buyouts come with complex financial scenarios. Whether it's dividing property among heirs, settling … [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...]
Transfer VA Appraisal to New Lender
It is important to know that transferring the VA appraisal to another lender after the appraisal was completed is very simple. A VA buyer may start the process with one lender and run into … [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...]
Appraisal Waiver For Purchase or Refinance
What is an appraisal waiver? Are you buying a house, or maybe even refinancing a house and a friend or Realtor has mentioned the use of an appraisal waiver? It is also referenced as a Property … [Read more...]
Bridge Loan Alternative Mortgage Option
Home Listings vs Home buyers The Texas Real Estate market is as crazy as I have seen it in the near 20 years I have been helping families with the financing of their homes. In 2020 and 2021, home … [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...]