As a Certified Divorce Lending Professional, I recognize that when it comes to real estate, buyouts come with complex financial scenarios. Whether it's dividing property among heirs, settling … [Read more...]
Understanding Owelty in Texas Divorce: A Financial Solution for Property Division
Divorce can be tough, especially when it comes to dividing property like houses. In Texas, there is a helpful thing they call and "owelty". Here's a simple breakdown of what they are and how they … [Read more...]
Divorce and Your Property
Divorce and your property is a common focus in our industry. When someone is getting a divorce and they find me, the questions remain the same. How do I remove my spouse from the property … [Read more...]
Most Common Mistake During Divorce Mortgage
Most Common Mistake a Post Divorce Mortgage There are about 5 or so mistakes I see commonly in post divorce mortgage lending while working with spouses after they have gone through a divorce, but the … [Read more...]
Calculating Equity Division In Divorce
Equity is calculated by subtracting your mortgage balance from your appraised value. To calculate your equity then, you have to know what your current balance of your mortgage is, and what your … [Read more...]
Owelty Loan – Avoiding the Trap
Trapped Out of Owelty Refinance Options The right divorce attorney SHOULD problem solve you through this part before they finalize your divorce decree to protect you from being trapped into an option … [Read more...]
Purchasing A Home After Divorce
As an active loan officer in Texas now for over 13 years, and divorce lending being a major component of my business, the divorce as it relates to the home, house title, and the mortgage really … [Read more...]
What Is An Owelty
The Texas Owelty - Keeping It Simple In many previous posts about the Texas Owelty, I’ve given the definition of an Owelty, and talked about the Owelty in legal terms, and every other angle. … [Read more...]
Removing X Spouse From Mortgage Loan
Are you trying to research and understand your options for removing you ex-spouse or spouse that is soon to be the ex-spouse from your mortgage loan, or you would like to be removed from the current … [Read more...]
Divorce Owelty Process In 4 Stages
From Pre-Divorce Stage to Owelty Refinance Final Stage (leaving spouse receives equity money) I’ve been handling divorce clients and helping them prepare for divorce as it relates to the family home … [Read more...]
