divorce real estate: Psychologist examines Divorce Real Estate & Mortgage Transitions
- 02/02/23 11:47 AM
What are some of the psychological impacts of a Divorcing Couple dealing with the marital home? In this interview, Dr. Sue Cornbluth, Clinical Psychologist interviews Certified Divorce Lending Professional (CDLP) and Certified Divorce Real Estate Expert (CDRE) Jason Gordon to discuss the need to properly craft a realistic plan between the divorcing parties...especially when it comes to the disposition of the marital home.This video is especially useful for Divorcing Homeowners, Divorce Attorneys, as well as any other Professionals enrolled in the divorce process along the way. The bottom line is that Divorcing Homeowners & Divorce Attorneys have strong resources available to … (4 comments)
divorce real estate: The Value of a Certified Divorce Real Estate Expert (CDRE)
- 08/01/22 12:18 PM
A Certified Divorce Real Estate Expert (CDRE) is a Realtor who has passed the Ilumni Institute's rigorous certification program. This program is application-only, and is taught by a faculty of Family Law Attorneys, Mediators, Certified Mortgage Professionals, and Real Estate Experts, with Judicial Officers as guest speakers. All CDRE's follow the following Code of Ethics: Maintain an active Real Estate License Have no disciplinary actions against their Real Estate License Adhere to the National Association of Realtors code of ethics at all times Be an active member with the National Association of Realtors Be respectful and collaborative with fellow CDRE's Teach and … (2 comments)
divorce real estate: Divorce Equity Buyouts - Does It Matter Who Is On Title?
- 02/17/21 02:00 PM
If 2 spouses are getting divorced and one of them wishes to keep the marital home, a “Divorce Equity Buyout” is often pursued via a new individual mortgage in the name of the Spouse keeping the home (which we often refer to as the “In Spouse”). The Spouse vacating the home is referred to as the “Out Spouse”. So if the “In Spouse” is buying out the “Out Spouse” does it matter who is on Title when the Divorce Equity Buyout mortgage is pursued? In short, YES. To understand the significance of why this dynamic matters, we must first understand that there are … (10 comments)
divorce real estate: Divorce Equity Buyouts - What Can Prevent Loan Approval?
- 02/05/21 03:19 PM
Pursuing a divorce amidst a global pandemic? Trying to retain ownership of the marital home and buy out your Ex? Surely, the Banks will go easy on you with lending guidelines, right? Not a chance. It’s been said that Banks will give you an umbrella when it’s sunny, then ask for it back when it rains. Translation, not only will Banks “not make it easy” when you are applying for a new loan under these conditions, but they will actually make it more difficult. Sadly, in many cases, perhaps the Borrower will make things more difficult on themselves unintentionally. Below are … (2 comments)
Nearly every Divorcing Homeowner has at least 4 distinct PUZZLE PIECES to connect before finalizing their Divorce.
Puzzle Piece #1 is DIVORCE LAW – Among other logistics, this process involves the Courts, Contracts, and a Judge. Puzzle Piece #2 is IRS TAX LAW – there might be SIGNIFICANT TAX IMPLICATIONS for specific "events" including (but not limited to) Selling Property, Receiving Alimony and/or Liquidating Retirement Accounts. The fact that I referred to this population as “Divorcing Homeowners” implies that REAL ESTATE is involved, which is Puzzle Piece #3 And where there is REAL ESTATE, there are typically questions about MORTGAGE FINANCING, which … (1 comments)
divorce real estate: Divorce Real Estate Workshops (San Diego & Temecula)
- 01/29/19 08:39 AM
As Real Estate Professionals, we are typically asked to help our clients through life transitions. While many transitions are considered "positive" (such as first time homebuyers, move-up buyers, family growth, job promotions, investment properties, dream homes, etc.), we are often asked to help with "negative" transitions as well (such as divorce, job loss, death, etc.).
We live in an era where any ambiguity can and often will be used against us in the court of public opinion. That said, I want to stress that the purpose of these workshops (and our ongoing assistance to aiding divorcing homeowners) is aimed at consumer protection. … (0 comments)
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Jason E. Gordon
Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
Author Bio: Jason Gordon is a Residential Mortgage Specialist in San Diego, CA. He combines ethics, education, and experience while helping Homebuyers and Homeowners to achieve their financial goals.View all AR Posts By Jason Gordon
What are some of the psychological impacts of a Divorcing Couple dealing with the marital home? In this interview, Dr. Sue Cornbluth, Clinical Psychologist interviews Certified Divorce Lending Professional (CDLP) and Certified Divorce Real Estate Expert (CDRE) Jason Gordon to discuss the need to properly craft a realistic plan between the divorcing parties...especially when it comes to the disposition of the marital home.This video is especially useful for Divorcing Homeowners, Divorce Attorneys, as well as any other Professionals enrolled in the divorce process along the way. The bottom line is that Divorcing Homeowners & Divorce Attorneys have strong resources available to … (4 comments)
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