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Showing posts with the label Selling your home when getting divorced

Work With A Professional That Understands The Balance Needed When Going Through A Divorce Or A Death In The Family.

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Why find someone trained to do this? For the same reason you find a specialist when you need a doctor. I have earned my RCS-D and other destinations that help in knowing the ins and outs and to understand the needs and have the team in place to get the job done! In Arizona--The family home is usually the most significant asset in divorce and elder mediation or the passing of a loved one, often with significant debt but not always.  However, appraisal minus mortgage does NOT equal actual equity. This incomplete equation leaves your house over-valued and that works against you in family mediation for divorce and elder matters. Don’t settle for a bad property settlement. In addition to the inaccurate and unfair division of your property, you risk damaged credit, default, foreclosure or even bankruptcy.  Remember all those documents you signed when you bought the house? Most are missing when mediating that same house. My team and I  provide free help to gathe...

Getting Divorced? Here’s What You Need To Consider.

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There’s nothing simple about getting divorced. Whether you’re going to court or mediation, the end of a marriage costs time, money, and resources. When it comes to real estate and other investments, there are a number of considerations to be made. Where will you live? Where will your ex live? What do you do with the family home? This, along with other financial questions, are important as your life transitions. Before Divorce - What do you need to do with your finances? In her article  Financial Planning Strategies for Divorce , Gilbert, Arizona Financial Advisor Shanna Tingom of Heritage Financial Strategies, reminds couples to make sure they have access to all financial documentation including bank and credit card statements, retirement and other investment account balances, receipts from up to five years, and deeds to real estate, along with a credit report, and update beneficiaries on all accounts. Keep in mind your credit isn’t directly impacted by divorce, or marriag...