divorce in: How to get a Home Equity Buyout When Getting a Divorce - 11/11/22 08:39 AM
The best way for divorcing couples to deal with their marital home is to “buyout” the interest of the other. Other options include selling the home, or continuing to co-own the home. The parent with custody often buys out the other parent to ensure that the children are able to stay in the home. This has obvious advantages: It provides stability and continuity for the children, and you don’t have to sell if conditions are bad.
Each party is responsible for their own risk in any buyout. Both the retaining spouse and the exiting spouse may lose future appreciation. However, the remaining spouse could feel that … (0 comments)

divorce in: How to divide home equity in a divorce or inheritance | Owelty Lien - 11/02/18 10:52 AM
Splitting equity in a home after divorce or inheritance can be complicated in Texas without a knowledgeable team to support you or using a Texas Owelty lien.  If you’re going through a Texas divorce or recently inherited  Texas real estate, you’re likely dealing with a lot of emotions, often times both positive and negative. The financial aspects of these situations can be difficult or challenging in Texas due to our strong homestead laws. That’s where we can help. At Service First Mortgage, we can help you with the Texas mortgage and Texas real estate issues you’ll encounter, specifically how to distribute home equity in a fair … (0 comments)