Let’s face it, selling a house in California can be an expensive and time-consuming undertaking. And now that interest rates are on the rise, buying a new home has become even pricier for couples who are looking for ways to reduce the economic impact of divorce. As the most valuable asset most couples own, the […]
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) There’s a growing trend in real estate called iBuying, and divorcing homeowners have become prime targets. If you haven’t already heard of it, you will soon enough! This post will provide you with the insights you’ll need to weigh the pros and cons of letting your client sell […]
