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Topic: Buyout | 5 post(s).

What to Do When You Can't Do a Buyout [VIDEO]

March 20, 2023 -   The previous article in this series looked at how a partial buyout might help resolve the issue of today’s higher interest rates complicating your divorce. This article outlines other creative ways to approach the situation, including one called a credit against child support.  If you would like more information about mediation, prenups, and family law, check out my website — ClarePiroMediation.com. [...]

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Would a Partial Buyout Work for Your Divorce? [VIDEO]

March 7, 2023 -   My last article spoke about how high mortgage interest rates could complicate a buyout in your divorce mediation. In the second article of this series, we explore how a partial buyout might be the answer for the person who is not staying in the home but needs to have some cash right away. There are a couple of options that might allow this to work for your divorce. If you would like more information about mediation, prenups and family law, check out my website [...]

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Are High-Interest Rates Complicating Your Divorce Mediation? [VIDEO]

February 22, 2023 - This article is the beginning of a series about the disposition of the marital home for couples with children. When there are no children in the marriage, the usual plan for a divorcing couple is to sell and divide the proceeds. When there are children, one party may buy out the other in order for the children to remain in their school district, but today’s higher interest rates may complicate the buyout and the divorce.If you would like more information about me [...]

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Distribution of Your Home: The Options

July 10, 2019 - {3:30 minutes to read} In my last video, I promised some creative win/win options that you could take when it came to the division of your home. Since they could be a little complicated and hard to follow, I thought it would be better to present them in a written blog.    Can’t Refinance Right Now Let’s say that you both agree that there will be a buyout and a refinance, but it will take some time for the “buyer” to qualify for a loan [...]

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I Love the House vs I Need the Money!

April 28, 2015 - {3:30 minutes to read} To some, including me, the equity in a house is just like any other asset. I have never been attached to a home in the sense that I felt sad when it was sold. I recognize, though, that it was always my choice to move on. I’m not sure how I would feel if the choice wasn’t mine to make, or if it came at the same time as getting a divorce. It is that sense of continuity and wanting something that is familiar to remain the same after the d [...]

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