Sunday, January 6, 2013

Divorce and Real Estate, oh my!

When a couple decides to divorce and they own a house of several homes, WHAT HAPPENS?  This radio show explains the process of how real estate is handled when a couple is divorcing.  There is the time when a property has equity in it and there is a divorce.  Thus, each party to the divorce could get part of the equity of the property.  However, what happens when there is a divorce and the property is upside down.  Thus, this becomes a short sale.  This is when real estate becomes complicated.  My guest would be an attorney who understands short sales and divorce:
Michelle J. Adams, Esq.
Managing Attorney
Law Offices of Jill P. Michaels
9 N. Adams Street
Rockville, MD 20850
(240) 425-0008 (O)
(202) 441-9960 (M)
(866) 484-3001 (F)

What are your Real Estate Goals for 2013?

What are your Real Estate Goals for 2013?
 Do you want to buy your first home?  Do you want to buy your first real estate investment property?  What investment strategy would you like to use to purchase real estate?  You could decided to use short sale, foreclosures, tax liens, or REO properties to be the strategy for how purchase your next property in 2013.   Each strategy needs a plan and you need to set goals.  These goals need to be measurable, thus, be specific with your goals.
Also, what are your legal and tax strategy for each property.  +Lou Hutt is a tax specialist.  Lou is a tax attorney and a CPA and my guest on the Reality of Real Estate with Jennifer Hammond. You can visit www.louhutt.com for more details on taxes and tax and legal strategies for buying your next real estate property!