Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I don't often recommend renting, but in such times of transition, detaching from assets can prove beneficial.

Oct 07, 2016 02:16 AM
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Thanks you Jody Bruns, CDLP, CMMU for very informative post about working with divorcing couples.  Bookmarked.

Oct 07, 2016 05:12 AM
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Jody, you bring up some great points but many of us live in community property states which brings up another level in the divorce situation.  Best idea as you mention, get some knowledge.  

Oct 07, 2016 12:47 PM
Jody Bruns, CDLP

Thank you, Juli. There are 9 community property states and yes, those states have varying rules as well but still very similar with regards to marital/community property. 

Oct 10, 2016 01:54 AM
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

I once had a call from a gentleman who wanted me to come and take a look at his property. When I got there, he asked if I could hurry up and sell it for him before his wife got home. She was out of state visiting her sister... 

I explained about community property and the fact that if both their names were on the deed, she would also have to sign in order to sell it. He was VERY disappointed. 

Oct 07, 2016 02:01 PM
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Jody Bruns, CDLP, CMMU Good post and all another reason why when we take a listing we have two actions we undertake:

  1. We check the tax records and property appraisers records, and
  2. We have one of our trusted partner-attorneys double-check.

Sellers are 'Tellers'!

 

Oct 07, 2016 09:37 PM
Dennis Swartz
Full Circle Property Management - Columbus, OH
MBA, GRI...experience counts!

Good advice....I have found that one tends to be dominant in decisions sometimes and you need to make sure to communicate with both parties equally.

Oct 07, 2016 10:30 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Thanks for sharing this advice Jody, clearly a situation that none of us want to be in the middle of.

Oct 09, 2016 03:11 PM
M.C. Dwyer
Century 21 Showcase REALTORs - Felton, CA
MC Dwyer-Santa Cruz Mountains Property Specialist

Congratulations on the Feature!    Thank you Jody Bruns, CDLP, CMMU for this informative post.    I was aware of #1 but not #2.    Also, I'd not considered the potential rewards of helping people during a difficult & emotional time in their lives.

Oct 10, 2016 01:46 AM
Jan Green
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Great points all.  Here in Arizona, a title officer immediately asks if they are married, etc so to figure out how to take title and who must sign a Disclaimer Deed so that the other spouse does not own a share of that property.  The downpayment may be community funds, but that is for the attorneys to wrangle over.  I always ask and have never had to be in the middle as the other spouse has to agree that they take no title to the property purchased by the other spouse.  And #2, I always require both spouses to sign listing documents as I check the tax records to see who owns the property.

I have 2 couples going through a divorce right now and watching their documents like a hawk!

Excellent information to consider when helping clients.  

Oct 28, 2016 04:58 AM