Frequently Asked Questions.
Get clear answers to the most common questions related to divorce and real estate.
Welcome to the Resources section, designed to guide you through the complexities of real estate decisions during divorce. Here, you’ll find expert insights, tools, and tips to help you make informed choices about your family home and future.
How is home equity divided in California?
Short answer: “In California, home equity is usually divided 50/50, depending on factors like prenuptial agreements, separate property, and debts.”
What if my ex-spouse refuses to sell the house?
Short answer: “There are legal measures you can take. Consider consulting a family law attorney to understand your options.”
How does divorce impact the mortgage process?
Short answer: “Divorce may impact your ability to qualify for refinancing, which may result in splitting the property.”
Can we sell the house before the divorce is finalized?
“Yes, the property can be sold prior to divorce, but you must understand its impact on your divorce settlement.”
How do we decide whether to sell, keep, or rent our home?
Short answer: “Consultation with real estate professionals and financial advisors can help you make an informed decision. Review your budget, long-term plans, and housing market conditions.”
Do I need a realtor if we agree to sell the house?
Short answer: “It’s advisable to use a realtor to guide you through the selling process. A trusted expert can help with valuations, negotiations, and paperwork.”
What if I want to keep the house but can’t afford the mortgage?
Short answer: “You may need to refinance or sell the property. A mortgage advisor can help explore your options.”