Divorce can present some interesting challenges in real estate....for both the Sellers and the Listing Agent(s). One of the more recent and most devastating moves in this game has been what we'll call the "Behind Closed Doors Financing." Or perhaps...not financing. In most marriages, the bill paying, inclusive of the mortgage payments falls to one spouse. One person is responsible for healthy credit scores....staying on top of the family finances...timely credit card payments, current taxes...etc. The other spouse may well be....and often is...oblivious to this process...they know that the heat is on, the lights work, there is food in the fridge and gas in the car so everything must be fine...Or IS it ?
We have taken extensive training in Divorce....the communication....and more often, the lack thereof....and are the only Realtors in Wisconsin with a unique set of educational qualifications...REDS (Real Estate Divorce Specialists) CDPE (Certified Distressed Property Experts) and members of the Institute of Luxury Home Marketing.
One of the conditions we have encountered recently is the "financial spouse" who has been the bill payer, credit keeper, checkbook balancer....has become intentionally absent minded when it has come to paying mortgage payments. Ms/Mr. "Old Reliable" has decided to put the money away for the "great escape" from the marriage...paying the divorce lawyer, the security deposit on a new apartment, etc. The late notices are hidden from the other spouse....and months later foreclosure looms when the lender becomes impatient when requests for payment have gone unanswered.
The end of a relationship is never pleasant...the entanglement of real estate, support payments, the anger and emotion that are woven throughout this tumultuous time require seasoned professionals on many levels...legally, financially, emotionally and with real estate...homestead and investments. If you are in southeastern Wisconsin and are divorcing, call the couple that can offer assistance with your real estate...give you an honest evaluation of your real estate and recommend other professionals to help you through this difficut time in your life. Sally K. and David L. Hanson have the education and successful experience in this area to help you take the next positive step in beginning a new chapter in your life.
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