Need to Sell the Marital Residence Quickly After Divorce? Try a Raffle!

DIVORCE & REAL ESTATE: Tips for Selling the Marital Residence For a lot of couples, the marital residence is their main asset. What to do with it after a divorce is always a big question and headache. Should they sell it? Should one of them buy the other out? Should the custodial parent get to … Continue reading “Need to Sell the Marital Residence Quickly After Divorce? Try a Raffle!”

Buy a Home With Character After Your Divorce

It is always a challenge to get a home that has the right amount of “character.” After a divorce, it is imperative to start over in the right home so that you don’t add depression to depression to even more depression. What is a house with character? Well that is a personal thing isn’t it? … Continue reading “Buy a Home With Character After Your Divorce”

Post Divorce Should You Just Split the House in Two and Share With Your Ex?

The house and what to do with it after you divorce can be a very big headache for couples. For one thing, you have to buy out and for another thing you have to refinance and for a third you have to pay the mortgage all alone on one  salary. This is often not only … Continue reading “Post Divorce Should You Just Split the House in Two and Share With Your Ex?”

What happens to your coop when you get divorced? Who gets what?

So it is possible, post-split, that a board could withdraw its approval of the now single tenant. The board conceivably could force a sale of the coop

So it is possible, post-split, that a board could withdraw its approval of the now single tenant. The board conceivably could force a sale of the coop

Tips and advice for buying the first home after a divorce

After divorce, one of the first things you often need to do if find a new home – if you were not awarded the marital residence in the settlement agreement. Sometimes, depending on your income bracket, you may be looking for a new time share or vacation home in addition to just a new post-split domestic domicile. Often times (but not always) you will be downsizing since not only the family unit is smaller but so too is the wallet size given that once there were two and now there is only one. So these can be very stressful undertakings and considerations. Here are some tips for maneuvering the situation without completely becoming undone in the process.

After divorce, one of the first things you often need to do if find a new home – if you were not awarded the marital residence in the settlement agreement. Sometimes, depending on your income bracket, you may be looking for a new time share or vacation home in addition to just a new post-split domestic domicile. Often times (but not always) you will be downsizing since not only the family unit is smaller but so too is the wallet size given that once there were two and now there is only one. So these can be very stressful undertakings and considerations. Here are some tips for maneuvering the situation without completely becoming undone in the process.

The Marital Residence: Who gets it after divorce?

Memories are hard to let go For many couples, one of the biggest and most difficult issues is the marital residence. Who gets it after a divorce? For couples of modest and ordinary means (as compared to affluent couples) the marital residence is usually the main asset, the biggest most valuable thing they own together. … Continue reading “The Marital Residence: Who gets it after divorce?”

Tough real estate market leaves divorcing couples in New Jersey with tough choices and few options

  The pile up of homes in New Jersey that are “unsellable” continue to mushrooom. This is having a very serious effect on couples in the divorce process. Many are left with having to make tough choices, like: staying together and eschewing divorce even if the marriage is miserable; living under the same roof even … Continue reading “Tough real estate market leaves divorcing couples in New Jersey with tough choices and few options”

SHANGHAI: Fake divorces on the rise: New Chinese law that limits home buyers to one home triggers rise in fake divorces

The Chinese are getting fake divorces according to China Daily and CNN We ran a story about this a few months ago but I just read this in CNN this morning as I was in the middle of my morning espresso (which I imbibed with two stolen Tootsie Rolls (kleptoed from a huge bag of … Continue reading “SHANGHAI: Fake divorces on the rise: New Chinese law that limits home buyers to one home triggers rise in fake divorces”

CHINA: Married couples divorce so they can qualify to buy a second home

CHINA: And you thought the only thing fake in China were the Gucci bags. Turns out, China, in an effort to stop speculation on housing, has tightened the terms of mortgage lending for second homes, forcing married couples with money to invest in second homes to divorce each other in order to obtain more favorable … Continue reading “CHINA: Married couples divorce so they can qualify to buy a second home”

SPAIN: Free divorce pd for by real estate agent if you buy a house

Do you need more proof that the global economic slump has impacted even the divorce industry? Take a read at this article about what Spaniards are  offering couples to get divorced http://www.telegraph.co.uk/news/worldnews/europe/spain/5207577/Spanish-estate-agents-offer-free-divorce-with-every-home.html They are offering free divorce lawyers in exchange for home purchases. I am sure you’ve heard that a lot of people around the world, … Continue reading “SPAIN: Free divorce pd for by real estate agent if you buy a house”

On divorce & real estate: is the economic downturn making selling the marital residence a losing proposition?

Each winter, I try to make a couple of trips out to Bridgehampton via the Long Island Railroad. I find it incredibly beautiful and relaxing and usually tote a few magazines which I can read over the course of the two hour trip. But I hardly ever read because I am always so enamored with the winter … Continue reading “On divorce & real estate: is the economic downturn making selling the marital residence a losing proposition?”

High profile divorces good for New York Real Estate

The New York Observer ran an arcticle yesterday about how reports that a slew of high profile divorces between these high net worth celebrities have been keeping the seven figure real estate market afloat during this awful economy. As part of their divorce settlements, these former spouses made out like bandits. But they are not stupid. … Continue reading “High profile divorces good for New York Real Estate”