divorce and fico scores: Should You Refinance or Sell? BE REALISTIC!
- 08/20/08 03:59 AM
Maybe it's the economy, or maybe it's just a cycle... but we've talked to a TON of people lately who are contemplating divorce.
If you're going through this, you have major decisions infront of you - and one of the most important could involve your "assets." One of my favorite Realtors says, "once that sign goes up in the yard, it's no longer a home... it's an ASSET."
We are not attorneys, but one of the best suggestions we have is to avoid a "Quick Deed" transfer of title if at all possible. (for more information on that click here). There are … (5 comments)
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divorce and fico scores: Selling As You Separate
- 06/28/08 04:48 AM
Lately, we've talked to several people who are going through a divorce - or WANT DESPERATELY to get out of a marriage.
Their real estate is holding them back.
I guess it's not surprising that folks with money issues are also having marriage issues - but there are important details they need to consider:
Who is on the Deed and who is on the note? Is there an escrow? If not - who has the insurance policy? Are the taxes current? If the separation agreement calls for one spouse to "buy out" the other spouse - are they qualified to do that? One … (8 comments)
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Maybe it's the economy, or maybe it's just a cycle... but we've talked to a TON of people lately who are contemplating divorce.
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