Let’s face it, going through a divorce is an emotionally challenging time for everyone taking part. It involves many difficult decisions about the kids, investments and marital assets, including who gets the house. When it comes to the house and other real estate, the two most common choices are selling and dividing the proceeds, or … Continue reading What makes a divorce appraisal different?
Divorce Mortgage Financing: Understanding the Importance of Basis when selling the Marital Home
With the real estate market continuing to improve and divorcing clients selling the marital home, it may be an important time to review the importance of Basis in selling real estate. The basis of the property is usually the cost. The cost is the amount paid in cash, debt obligations, other property, or services as … Continue reading Divorce Mortgage Financing: Understanding the Importance of Basis when selling the Marital Home