Divorce Mortgage Specialist: Tallahassee, Florida
One of the most stressful aspects of the divorce process is figuring out what to do with your marital home. If you need help determining how you might be able to keep your home, or if you’ll need to sell, contact the experts at Next Act Properties for guidance. We provide real estate and mortgage solutions for divorcing and divorced people.
Refinancing an Existing Mortgage
If you’d like to keep your home after your divorce and either 1) you and your spouse are both on your current mortgage, or 2) the mortgage is in only your spouse’s name, you’ll probably need to refinance the loan into just your name. In addition, you’ll need to have sufficient other assets to buy-out your spouse’s share of the equity in the home. If you don’t, an equity buy-out or a cash-out mortgage refinancing might help with the buy-out, if you qualify.
Selling Your Home
Selling your home is an option if neither of you want to stay there or if you can’t afford to buy out your spouse’s share of the home’s equity and/or you can’t qualify to refinance the mortgage into just your name. If you decide to sell, we have real estate professionals who specialize in divorce and who understand the Tallahassee area market and know how to make a listing more attractive to home buyers.
If you live in Tallahassee, Florida, and need help determining what to do with real estate during a divorce, contact the divorce mortgage and real estate specialists at Next Act Properties. We have certified divorce experts available to help you determine the best course of action. Call (800) 795-2445 to start discussing your various options.