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The Four Factors in Your Divorce Decrees - Make or Break Issues

4 Make or Break Mortgage Qualifying Issues in a Divorce Settlement  4 Factors in Your Divorce Decrees That Make or Break Your Clients Ability to Get Mortgage Financing < Click on headline to watch this 98 second video I don’t expect a lawyer to have to think about these things. That’s why you have me. […]

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3 Genius Math Tips/Tricks For Divorce Lawyers

Here is the video to go along with this blog:   I hear it every other phone call. "My attorney says you can work miracles, so here goes." Do you realize how scary and humbling that is. Talk about pressure. Ha. Here are 3 Math Tricks I use to make sure divorcing home owners/buyers get […]

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Decree Language for Requiring Refinances After Final Divorce

SUGGESTED DECREE LANGUAGE FOR REQUIRING REFINANCES AFTER FINAL DIVORCE Many attorneys yield that a court cannot order a lender to advance funds so therefore, it is not possible to truly require a party in a divorce to refinance the mortgage note (in order to remove the ex from its liability and, possibly, to include a buyout […]

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What If You Finalize Divorce Before Knowing the Buyout Amount?

Great Question from one of Texas's finest family law attorneys. Hello Noel, I am working on a proposed Agreed Final Decree and am hoping you can help me with some language. The goal is for Husband to remain in the home and refinance the home to remove Wife's name from mortgage. Wife also needs to receive […]

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The Divorce Buy-Out - They're still screwing it up

RE: Previous Divorce Decree---The attorney definitely needs to go to one of your CLE's! Got this email from one of my favorite family law attorneys – the awesome Bodie Freeman in Keller, TX. Subject line read: RE: Previous Divorce Decree---The attorney definitely needs to go to one of your CLE's! Noel, Below please find a […]

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Demand a Loan Approval - You're The Seller!

For the most part, I am in the position of qualifying divorcing homeowners for mortgage financing. I work with the party who must refinance and remove the spouse from the loan liability as well as include a buyout to spouse – that famous Owelty lien. But, what does that transaction look like from the other […]

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Settling home ownership in a divorce - When one party refuses to let the other party “have the house”

I’ve had a rash of cases lately with the same elements. One party did not want the other party to have the house – they “put their foot down” and said “no way” - so the court or mediator said “sell it.” The mediator or judge or attorney also agreed that one party could, then, […]

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Quick Q&A: Can my client buy a house if he's obligated on another house debt?

From: Very Good Central Texas Lawyer Sent: Wednesday, May 8, 2019 8:31:55 AM To: [email protected] Subject: Question Good morning Noel, If wife was awarded the house in the decree and husband signs a special warranty deed to her, can husband buy his own house and get financing even though he is still on the mortgage but […]

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How to Calculate Equity in a Divorce Buyout

Got this email in the middle of the night. I love these questions and the learning opportunity they afford. From: Divorcing in Washington State Sent: Thursday, June 6, 2019 To: [email protected] Subject: Read your blog. Need advice on divorce buyout Noel, I read your blog and am reaching out because I am going through a […]

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Never Go To Mediation Without This

My Approval-Assessment. Read on. If you don’t already know or haven’t seen one, I’ll tell you what it is. Take this magical tool with you to your next mediation. This might be the most important and valuable tip I've ever given. How much time do you (and a few other professionals and clients) spend in […]

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