One of the big causes in divorce cases is family financial turmoil. Divorce lawyers were all trained that the wife-mother "gets" the house...usually with a quit claim deed along with other financial agreements. NOW...who gets or wants the house? No one, if a mortgage is attached...at least in Florida where most of our houses are underwater.
Allen Tate - Concord, NC
Crown Key Realty - Tracy, CA
Realtor in Tracy, California
Interesting point of view. Amazing how times have changed, now no one wants the house. I should have been so lucky. Good perspective William.
Jul 30, 2010 07:48 AM
Retired - Kirkland, WA
Phil Leng - Retired
Interesting twist on the plunging market.
I guess if I was HER divorce lawyer, I would give her the house to live in with the kids, and him the bill to pay for it!
Different problems than a few years ago!!
Phil
Sep 05, 2010 06:35 PM
Blackburn Coastal Realty - Redington Shores, FL
Blackburn Coastal Realty, We work at the beach.
Thanks for your comment, Phil.
As we all know, financial difficulty is one of the chief reasons for marital discord and divorce. We have a wave of new ones here creating all sorts of financial planning difficulties for both parties.
What our market needs is a reset button!
Bill Blackburn
Sep 06, 2010 05:19 AM
Rainer
148,820
148,820
William Blackburn
Blackburn Coastal Realty, We work at the beach.
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