Local news source about real estate in University City
After becoming a Real Estate Collaborate Specialist-Divorce, RCS-D, people who own real estate, are in the process of getting divorced, have contacted me for advice.
Real Estate Collaborate Specialist-Divorce, RCS-D, are agents that are specially trained to help home owners thinking of or going through a divorce.
A RCS-D agent can help you make educated and well informed decisions about your home.
For home owners:
I help you avoid financial decisions that can have a major negative impact on you in the future. There are many issues that your lawyer might not cover with you that I will.
There is a big difference between being a realtor and a RCS-D realtor. This is where I really make a difference.
I have held outreach seminars on the subject.
I have a support team of other real estate professionals that can help you with the process.
In addition, there are several major mistakes home owners often make. Most of these mistakes can be avoided with a little information.
Will an appraisal give you an accurate value of the home? The wife, who kept the house and had to pay $60,000 to repair a crack in the foundation, a few months after the divorce, would most likely say no.
Are both parties still on the loan, even though only one of the parties holds title? A ex spouse who moved out, could not get a loan for a home, as the ex spouse that kept the home had been late on the mortgage payment 2 times.
For attorneys:
Do you know how to protect your clients against costly mistakes when dealing with real estate?
Here are some examples of what can go wrong when home owners do not have the correct knowledge on how to deal with real estate during a divorce
1. Because her EX kept the house, one woman was dragged into bankruptcy after his mortgage refinance application was denied post-divorce and their joint mortgage then foreclosed.
2. One man discovered his EX’s $216,700 pre-marital debt became his debt post divorce as a lien was recorded during the marriage against title to the house he kept.
