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Divorce: What You Need to Know About Your House, Your Mortgage and Taxes

            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 home loan and taxes, critical decisions are easier.  Neutral, third party information can help you make logical, rather than emotional, decisions.

           

            Probably 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?

 

            A free special report has been prepared to help you know what questions you should ask and how to arrive at the right answer for your specific situation. Get this special report by registering...



Realty One Group West
George Youdeem
4010 Barranca Pkwy #120
Irvine, CA 92604
714-296-4480
DRE# CalBRE# 01205348

Based on information from California Regional Multiple Listing Service, Inc. as of September 29, 2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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