Monday, February 7, 2011

How to Sell a Home When You Divorce in Los Angeles

Whether a divorce is completed, just beginning or somewhere in between, an RCS-DTM REALTOR® can help your clients determine their best options today for a fair property settlement and a stronger financial future.
Our mission is to educate and empower others regarding the reality of joint real estate, including the pros and cons, technically the rights and responsibilities, of joint debt (especially joint mortgage), joint ownership, and true house equity, before and beyond house appraisal.



We leverage the expertise of divorce and real estate-related professionals (e.g. law, finance/tax, emotional/psychological with home inspection, home improvement, home staging, etc.) in the “best interest of the house”, and each divorcing spouse.
Divorcing homeowners should break free from joint debt and joint ownership, especially the family house!



They may be divorced, but did they divorce the house? Keep in mind divorce does not automatically cancel or sever joint mortgage or any joint ownership of the house.



Because the most dangerous asset in divorce is...the HOUSE, the best time to protect your financial future is...BEFORE divorce. What your clients don't know during your divorce will hurt them more, long after.
Major mistakes in divorce real estate are preventable during your divorce but are not fixable after your divorce.



These mistakes often result in damaged credit, mortgage default, foreclosure or even bankruptcy that ruin finances, families and futures, for years after a divorce.



Because such financially critical mistakes are preventable but not fixable, our solution is simply MORE/EARLIER: more due diligence and information from more real estate and financial experts much earlier in your divorce process. And the best time to protect your clients’ post-divorce credit is during the divorce process, for a stronger financial future.



Divorce real estate is the elephant in the corner of family courts nationwide. Although the marital home generally accounts for 60% of a family's net worth, there is nearly no state-prescribed guidance for divorce real estate.



As a result, family houses that are not sold (i.e. inter-spousal transfers) are too often over-valued or at least incorrectly valued based on over-reliance on appraisal(s) and/or inadequate valuation/evidence from either or both divorcing spouses.



Thus, as an RCS-DTM REALTOR®, I encourage more/earlier, that is, more evidence of house value and more detailed house valuation much earlier in the divorce process and definitely before property settlement negotiations.
As an RCS-DTM REALTOR®, I seek to empower divorcing home owners to Move Forward With More knowledge through divorce real estate education.
Warm Regards,


Andre Luc Plessis
REALTOR®, RCS-DTM REALTOR®
Keller Williams® Realty
The Wealth Creation Team
CA DRE License # 01856185
Office: (818) 341-2972 - Cell: (310) 266-9463

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