167: Can You Sell Your Home At A Later Date During Divorce

In this episode, we will talk about if you can sell your home at a later date during your divorce in California.

I skipped one of our four. I missed see the slides. Sell at a later date.

So if I had four options. You had another about the rental. That was good.

Sell, refinance, keep existing mortgage, sell at later date or rent it out. We have people doing that.

But selling at a later date, we have folks that have either a primary residence or a vacation home or a rental of some sort, that they’re making rents on. Okay, let’s say, it’s a rental or any of those types of homes.

And either the values not there or they want to hopefully go up in value so they can sell.  So we have a specific circumstance with a client, vacation house, they make rent.

It’s like an Aspen or something like that Big Bear I don’t know. And they rented out and they make money up but they sold, there’s not enough value. They overpaid for it back when real estate is blooming.

So they want to wait several years before they sell it. That was the agreement.

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166: How To Value Your Home During Divorce

In this episode, we will talk about how to value your home during divorce in California.

So they’re going to sell. Now they have to come to an agreement on what’s it worth.

We had clients in here couple weeks ago. They had everything settled. The house is actually paid off in cash. So they are in good shape financially.

The issue was what is house worth? So if they’re going to divide it evenly coming to a firm like evaluator.

In this case one party thought the house was worth $50,000 more than the other party.

And they’re looking at comparisons and all that. But what’s the best way to come to an idea? Do they get independent appraisers?

Do they get independent agents to do like of a compared market analysis? This particular client I said, ‘Look, you’re talking about $50,000 whole. It’s really about $25,000 to you, if they’re dividing which they’re like ‘Okay, that’s not that bad.’

If they can meet in the middle, I mean there are lots of options.

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165: Should You Keep Existing Mortgage And Let Spouse Stay After Divorce

In this episode, we will talk about is you should Keep your existing mortgage and let spouse stay after divorce.

Some people are misadvising their clients or in Real Estate and say, well, you can pull the spouse off with the quick claim deed. But that doesn’t fix it with the loan.

So the cleanest break you can ever had, would be is just get rid of it, sell it. Or refinance it completely out.

If one of the party is capable and one of them wants to stay in the house, absolutely!

I have to say we’ve had a lot of clients just of financial reasons quick claim off the house and just take the risk of being on the loan.

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164: Refinancing Your Home During Divorce

In this episode, we will discuss refinancing your home during your divorce in California.

Just from our perspective is, two things. One spouse usually wants to stay in the home. But usually because of they have their kids and they want to continue raising their kids.

In the house and in the school and they’re trying to keep a little bit of normal scene.

But the issue they run into is, does that single parent have the financial ability to refinance in their name?

After one of the spouse wasn’t working obviously that’s not the case. If it’s the working spouse, perhaps they can qualify it for refinancing.

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163: Should You Sell Your Home During Divorce

In this episode, we will talk about if should you sell your home during divorce in California.

Part of what we do is making sure that the people that come to us have the information and resources available.

We bring up things that they probably don’t even know or something they need to think about. So if you do not want to file for Divorce you don’t really need to do that.

But they haven’t thought about all the other things that are involved with this.

So selling their home or potential for needing mediation are all leading to Bankruptcy and all these things can kind of intertwined with.

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162: Can Proceeds From Home Sale During Divorce Be Split Into Different Accounts

In this episode, we will discuss if proceeds from home sale during divorce in California can be split into different accounts.

I had a client of who is selling their house, going through Divorce and the concern was how is the check going to be dispersed?

Is it going to go in our joint account? What if my spouse gets through to it first and takes it all out? Is there a way of dispersing the money from the sale to separate accounts or can it be, how can that be?

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161: Does Having Two Real Estate Agents Make Sense During Divorce

In this episode, we will talk about real estate agents and if it makes sense to have two real estate agent during your divorce in California.

Yes, we encounter that where the Mrs. is going to have their own agent of representing them. And then the Mr. is going to have their own agent representing them.

And that now you have more chefs in the kitchen. It really creates a lot of drama which brings me to something important.

You need to find out the source.

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160: Divorce And Real Estate With Connor MacIvor

In this episode, we will talk about divorce and real estate together with Connor Maclvor.

We’re talking Real Estate and Divorce.

And I’ve wrote down some questions even for you. And I have some very cool slides. We wanted to share it with everyone.

So let’s take a look.

This is such an important topic especially with what you do for a living and what we do as a living.

This comes up and it’s a painful process a lot of the time.

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159: How Both Spouses Can Work With Same Realtor During Divorce

In this episode, we will discuss how both spouses can work with same Realtor during divorce in California.

We have people that come to us not usually disagreeing. They know they have to get rid of the property one way or another.

It’s either to sell it, refinance it, or even someone staying in the home and keeping the current mortgage if they can’t refinance.

At least our clients, we’re doing more amicable style cases here as opposed to litigated cases. And they’re trying to work on it.

But sometimes they have questions like what are my options?

So I brought up some other slides here that I wanted to kind of just go over, see if this is going to cooperate. Go down and up, okay.

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158: Santa Monica Divorce Process – Santa Monica Divorce

In this episode, we will talk about the divorce process in Santa Monica, California. Santa Monica divorce.

We’re talking about how to file Divorce papers, how to start your Divorce in Santa Monica.

We get a lot of calls from individual Court House locations because there’s a Court House in Santa Monica.

We filled a lot of calls, basically saying, ‘Tim, how do we start the Divorce process? I saw you online. We’re interested in using your service but how does Divorce works?’

So we’re trying to answer those questions for the people going through Divorce or considering filing for Divorce in Santa Monica.

So if we look at the bare, the grass roots of things how to file for Divorce, it’s a matter of filling out a couple of forms and getting a case number issued from the court.

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