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How Viable is a Loan Assumption in Divorce

Dealing with “The House” just got more complicated with soaring rates and record-breaking property values. If your client (or opposing party) wants to keep the house, the idea of a loan assumption may get floated around.

I wanted to cla...

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Eye of the Storm: Market Shifts in Divorce

We’ve all heard about interest rates rising, home prices teetering, and the volatility of the housing market, but what’s happening behind the headlines that impacts one of your clients’ most valuable assets — their house? And, what shou...

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1031 Exchanges in Divorce

Due to the rise in home values, when it comes time to sell the property, your clients may be facing some hefty tax consequences and want to roll their capital gains from one property into another one. Some of these are preventable with a little...

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IRS LIEN AND THE HOUSE IN DIVORCE

IRS liens can be bombshells in cases where clients are banking on the money in their property to pay for debts and to bankroll their future. There’s nothing like calculating a few hundred thousand dollars in equity, only to learn there is an ...

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Signs that Now is the Time to Sell Your Home

There are many reasons why it may be time to sell your home. You may need more space to make room for a growing family or you need to downsize after your kids leave the nest. Whatever your motivations, you want to make sure that you’re timing...

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Tips for First-Time Homebuyers

Most homebuyers start the process anxious, excited, nervous, and some are downright terrified. It’s natural. A home is the largest and most expensive purchase that most people will make in a lifetime. It can either turn out to be a complete f...

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