Should your divorcing client keep or sell their house? Rising interest rates, increasing home values and waning affordability—the real estate market is changing, and divorce attorneys need to know what these changes could mean for their clients. Keep It or Buy Out the Other Spouse? The answer depends in part on whether they can afford […]
Aka Why the Court Shouldn’t Set Your Clients’ Listing Prices One of the first issues real estate agents run into at the start of any listing contract is determining the property’s price. Thanks to Zillow, clients often believe they have insider knowledge that makes them industry experts—and in divorce cases, that’s a mistake that can […]
Under California’s Community Property model, divorcing spouses each own half of their real property and half of their debts equally. Separate property—property that was acquired by one spouse before the marriage and was never commingled into the marriage—is an exception, but, for the most part, California couples can expect to split the total value of […]
Due to the rise in home values, when it comes time to sell their properties, some divorcing couples may face hefty tax consequences and want to roll their capital gains from one property into another. Some of these consequences are preventable with a little strategic planning; others may not fit within the IRS Code parameters […]
(A guest post from the Ilumni Institute) If you’re wondering how the Russian invasion of Ukraine has impacted—and could still impact—the U.S. housing market and your clients who have to make decisions about real estate in this climate, here’s what you need to know: Surge in Oil Impacts Housing: Because Russia is a major producer […]
