Facing a Divorce
July 4, 2018 | Posted by: Sherry Corbitt
Facing a Divorce and unsure about your mortgage needs? Ask Sherry Corbitt, Mortgage Agent and Certified Divorce Financial Analyst
One of the first steps is figuring out the value of your home by having an appraisal completed or getting market data from a local realtor. Once you have a value of the home, minus off any debts associated with the house like a mortgage and secured line of credit.
Once you have the value of the home and the debts against taking out, what you are left with is the equity you now have to decide how to split.
For the full video and details please watch this short 2 minute video. As always, if you have any questions just reach out and ask because I am always here to give advice. Being informed isn’t overwhelming, it’s empowering.