Real Estate

What Happens to Your Real Estate Property When You File a Divorce?

When marriage doesn’t workout & divorce is the only option what happens to the house & car? Deciding who gets it may be a challenge for some soon-to-be divorced couples, the ‘Local Records Office’ researched relationships & break-ups in Pekin, IL. By HubTelegram Divorced couple deciding what to do with the house by the Local Records …

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Do You Need a Real Estate Divorce Specialist to Sell Your Home?

erican Psychological Association. Financial expert Dave Ramsey discovered that the more in debt a couple is, the more likely they are to fight about finances. In fact, a recent Ameriprise study found that 31% of surveyed couples fought about money at least once a month. And according to the Institute of Divorce Financial Analysts (IDFA), 22% of divorcing …

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Dividing Real Estate in Divorce – What Happens to the House?

What Happens if Both Parties Want the House? When former spouses want to keep a property, whether out of financial need or spite, things can get much more tricky. If the other party is willing to walk away from ownership, the one who stays can simply “buy out” the other’s interest in the property. This …

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8 Common Questions about Real Estate and Divorce

A real estate lawyer answers eight of the most common questions about real estate and divorce from couples going through this tough stage in their lives. By Lee A. Drizin Updated: April 29, 2018 Categories: Financial Issues, Legal Issues, Property Division Are you getting divorced? Do you worry about what’s going to happen with your joint real estate property – …

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