Discover Critical Mistakes In Divorce Real Estate
Many critical mistakes in divorce real estate are preventable during divorce but not fixable after:
Because her EX kept the house, one woman was dragged into bankruptcy after his mortgage refinance application was denied post-divorce and their joint mortgage then foreclosed!
One man discovered his EX’s $216,700 pre-marital debt became HIS debt post-divorce as a lien recorded during the marriage against title to the house he kept!
Even a REALTOR® learned paying off home equity debt didn’t cancel the account. Her EX “maxed” it out with $25,000 debt secured by the house she kept!
Because she kept the house, one woman had to pay $12,000 of her EX’s attorney’s fees – even with a property settlement hold harmless provision!
Our Strategy
Free Consultation
Free Consultation
Free Consultation
Initial Consultation
Emotions run high in any real estate transaction. Add the element of a divorce and it adds a whole new level of stress. The initial consultation between myself and the client(s) may be a series of :
- One on one meetings with each individual spouse
- Meetings with a spouse and their attorney
- Meetings with individual Attorneys
- Conference Room meetings with all parties involved.
Value of Your Home
Knowing the value of your home is paramount during a divorce as it pertains to the division of assets. I have provided thousands of Broker Price Opinions that have been used in divorce court proceedings and during negotiations between parties. Feel free to contact me for a no cost & no obligation home evaluation that can be used in court to demonstrate the estimated market value of your property.
Absolute Discretion
It has been said that a “Divorce is the death of a Dream.” Everyone grieves differently. I approach each spouse with absolute courtesy, non-partiality, and with total discretion. No one needs to know your business. If you are a high-asset individual or celebrity with real estate, protecting your privacy, your finances, and intellectual property during the divorce is my priority.
Getting Ready
Free Consultation
Free Consultation
Condition of the Property
It is unfortunate, but many properties that are sold by divorce don’t show as well. The pride of ownership is gone and some spouses do not want to invest additional effort or money into something they will end up splitting the proceeds for anyway. This can cost you thousands of dollars. I’ll need you to make sure the property shows well.
Access to the Property
In some cases, both parties have left the property and it is vacant. This makes it very easy to show. If one or both spouses is going to occupy the property, I will need access to the home for showings. It can be a delicate situation and I will navigate these waters carefully. The quicker the property is sold and the proceeds are split, the better off everyone will be.
Court Appearances
When and if necessary, I make court appearances on behalf of a client. Sometimes it’s to testify that a spouse isn’t cooperating with the sale. Sometimes it’s simply to defend my recommended list price. Either way, my goal is to make the transition as smooth as possible for everyone, and if my presence is needed, I’ll be there.