Divorce Mortgage Specialist – Jupiter, Florida
For many divorcing couples, the marital home is their most valuable asset. What to do with the marital home in divorce is often an area of heated discussions. That’s why it’s so important to bring in skilled mortgage and real estate professionals who specialize in divorce, as early in the process as possible.
Next Act Properties will work with you and your divorce attorney to explore all possible options.
Staying in the Home
In real estate terms, equity is the value of a property less any outstanding mortgages. One way to stay in your home after the divorce is to buy out your spouse’s share of the equity in the home. If the home has $200,000 in equity, that means you’d have to pay your spouse $100,000 to buy-out their share of the home’s equity. Some people use cash and/or other assets to buy out their spouses, but you may be able to qualify for an equity buy-out or a cash-out refinance mortgage if you don’t have enough other assets on hand.
Next Act Properties can help you with any refinancing or new mortgage required to help you keep and stay in your home.
Selling the Home
If you don’t qualify for a refinancing and/or aren’t able to buy-out your spouse, you will probably need to sell the home. Selling the home is also an option if you and your spouse would rather live elsewhere. Next Act Properties works with divorce real estate agents who are experts in the Jupiter, Florida, market and will help you sell your home for the best price and under the best terms possible.
Divorce Specialists With Local Experience
Founded by Jeffrey Landers, a Certified Divorce Lending Professional (CDLP) and Certified Divorce Financial Analyst (CDFA), Next Act Properties can help you and your divorce attorney settle complex real estate and mortgage matters in your divorce. Call (800) 795-2445 to find out how we can help you.