There are many good reasons for people to sell their homes during COVID-19. Divorce counts among the best of them, especially if the relationship is contentious. Nobody wants to shelter in place with someone who is hurting them physically or emotionally, and for these people, getting through the pandemic and out of the relationship as […]
When it comes to buying your next home—or buying out your spouse’s half of your current home during a divorce—there are certain income types that most San Diego mortgage banks use to determine whether you’ll qualify. Obviously, they’ll accept income from your day job if it’s enough to cover the cost of owning the home, […]
We all grow up on similar myths: find the love of your life, ride home to your castle, and live happily ever after. However, like all myths, this rarely translates perfectly to real life. In places like Silicon Valley, work has become many people’s primary marriage, so after awhile, their proverbial castles could be in […]
“Marital debt must be addressed early to clarify which obligations will be the responsibility of each party. Then steps must be taken with creditors to transfer all debt liability to the responsible party.” – DENISE FONTYN, CDLP, with the Divorce Real Estate Institute, Inc. Recently, we talked about the 6/36 Rule and how it affects a divorcing spouse’s […]
Once you and your spouse decide to split, you’ll have many issues to work out: not the least of which is deciding what to do with the family home. If you have children together, one of you could make a strong argument for staying on and raising the kids in what is possibly the only […]