DIVORCE: WHAT YOU NEED TO KNOW ABOUT
YOUR HOUSE, YOUR HOME LOAN AND TAXES
How to avoid costly housing mistakes during and
after a divorce.
Divorce is rarely easy and often means a lot of difficult decisions.
One of the most important decisions is what to do about the house.
In the midst of the heavy emotional and financial turmoil, what you
need most is some non-emotional, straightforward, specific
information and answers.
Once you know how a divorce affects
your home, your mortgage and taxes, critical decisions are
easier. Neutral, third party information can help you make logical,
rather than emotional, decisions.
Probaably the first decision is whether you want to continue living
in the house. Will the familiar surroundings bring you comfort and
emotional security, or unpleasant memories? Do you want to
minimize change by staying where you are, or sell your home and
move to a new place that offers a new start?
Only you can answer those questions, but there will almost certainly
be some financial repercussions to your decision process. What
can you afford? Can you manage the old house on your new budget?
Is refinancing possible? Or is it better to sell and buy? How much
house can you buy on your new budget?
As a real estate consultant, my focus is to provide consultative
services in a no-pressure, hassle-free environment, by "
guiding
you, not deciding for you".
Call me for your free consultation.