This might be just the boost you could use today. I think quite a bit about my customers, the folks I am honored to serve. Because of my chosen specialty, I realize that many of them are going through or have been through a painful divorce - more devastating than the death of a loved […]
Wonderful to hear from Jody Johnson, one of Texas’s finest legal professionals, and family law specialist. Read this question - one of the most prevalent issues in divorce in these days of high interest rates. [I redacted personal Non-Public Information (NPI), of course, so that I could publish for all you guys.] Hi Noel - […]
Question from one of Texas’s finest legal minds, Brenna Loyd of Schmitz, Loyd & Paul, PLLC. Give them a visit at their website - Get to know them. Hi Noel, Need your help again! Copied my client on this email. Simply put, we need to remove ex-husband’s name from the Deed of Trust (DOT). He is not (and never was) on the […]
I love how attorneys ask questions. The facts…then, they get straight to the point. I, on the other hand, want to expound fully on my answers so as to make them as nearly “textbook” quality as possible. Ha. Here’s a great question from Leslie Barrows. Noel: Husband and Wife divorcing. Husband keeping marital residence and […]
Trump, Divorce, Property Values and $400,000,000 Feb 21, 2024 Executive Summary The $400,000,000 judgment against Donald Trump, et al in the New York case alleging fraud, is politically problematic, to put it mildly. But, no matter if you are delighted or dismayed by the judgment, the case is instructive for real estate valuations in divorce. […]
BRIEF TUTORIAL ON THE OWELTY LIEN Sometimes, it’s simpler for me to just share my interactions with attorneys in the crafting of their decrees for their clients who are seeking the financing of their Divorce Buy-Out Refinances. We pre-underwrite all decree drafts. It’s critical to loan approval and delivering on our promise to “turn white […]
I am tracking the various idiocies of one Judge Jesus Nevarez, II in Tarrant County. Yet, while dealing with a set of orders from the 231st that make no sense in the mortgage lending world (aka, the real world of loan-getting), some of which are wholly inappropriate (not to mention potentially a violation of federal […]
Idiocy #3 – That a refinance loan can close before final divorce and pay an Owelty [Buy-Out] to a spouse. We have here a double-whammy. The judge ruled the impossible on August 3, 2023, then on August 16th doubled down, reaffirming this idiocy. Case Identification Cause No. 231-715459-22; In The District Court, 231st Judicial District, […]
Idiocy #2 – That a judge can determine value, equity and therefore a fair and equitable buyout. Review: Introduction: Stupid judges harm you more than malicious judges do Lesson: Ignorance + Arrogance > Stupidity Idiocy #1: That a person can purchase something which they already own. Lesson: Know the difference between the purchase of property […]
Second installment: Idiocy #1 – That a person can purchase a property which they already own. The doctor sees all the weaknesses of mankind, the lawyer all the wickedness, the theologian all the stupidity. I am neither doctor nor lawyer nor theologian. But, according to Cipolla’s Five Laws of Human Stupidity, all of us pay […]
