Divorcing Real Estate....A Game of "Gotcha!" - 11/28/11 11:53 AM
This blog discusses some of the potential pitfalls that can arise when couples divorce.  The pre-foreclosure issue is especially important to address as well as any potential short sale.  We've dealt with divorce situations where the husband and wife were not communicating at all and we worked with each person individually to result in a successful sale.  The sale of the house is typically the largest part of the assets that need to be dealt with. 
 
During the process, it's so important to keep all of the details confidential and let each party vent without getting involved in the divorce … (2 comments)

Understanding Why It's So Hard to Buy A Home When You Are Self-Employed - 11/25/11 12:44 PM
Since the market turndown and all of the bank bailouts, everyone has heard about how much harder it is to get a mortgage loan.  For the most part, things have gone back to how they were prior to the early/mid 2000's as far as having to qualify and show the bank that you can afford the home.  Underwriters are scrutinizing the loans like never before, and you have to make sure you have written justifications for EVERYTHING including the random odd bank deposit, any additional income outside of your standard hourly rate, any discrepancies in your credit report, and many more … (0 comments)

 

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