An Equity Buy-Out is Not a Mortgage Loan!

An Equity Buy-Out is Not a Mortgage Loan! There is a lot of confusion and misunderstanding about equity buy-outs during a divorce. Is it a mortgage or is it a process? An equity buy-out is a process of acquiring the equity ownership of an existing legal owner of real...

The Effect of Divorce in the Workplace

When there is a divorce, not only does it seem like your life shatters on an emotional front, but income decreases in most cases. So you might be going from two income sources to one, AND if you think about it, the cost of living increases because now each spouse has...

What Does “Vetting the House” really mean?

The term vetting has become commonplace in today’s political and business world. But what does vetting mean, and how does it fit into divorce mortgage planning? Vetting means conducting a thorough and diligent review of a person, document, property, investment,...

Avoid Language Traps in the Marital Settlement Agreement

We know it is important to be mindful of the words used in a divorce settlement agreement to avoid language traps and future conflict. However, word choice can also affect the divorcing homeonwer’s ability to obtain mortgage financing. Therefore, while it may not be...