How is Divorce Real Estate different from regular real estate sale?

One of the riskiest options for divorce real estate is keeping the house. Equally risky during the divorce process is using "Appraisal - Mortgage" which likely overvalues equity for purposes of Equitable Distribution (as distinguished from loan assessment for which appraisals are designed). 

RCS-D^TM REALTORS^® are trained to obtain more/earlier: that is, more real estate investigation and information, much earlier in the divorce process. The result is actual equity based on more evidence of house value (e.g., condition from a home inspection and title/lien status from a title search - ideally conducted before any property settlement negotiations and before any mandatory mediation and trial).

RCS-D^TM REALTORS^® empower divorcing homeowners with accurate evidence of house value for informed disposition of the marital home during divorce. This starkly contrasts the practice of "ambulance chasing" or stirring up litigation opportunities. As a result, RCS-D^TM REALTORS^® help preserve more house equity and potentially grow the marital estate (by selling a properly prepared divorce house in less time for the most possible money). 

 Your Divorce Real Estate REALTOR

Andre Plessis, CDPP, RCS-D^TM REALTOR^®

As a RCS-D^TM REALTOR^® I assist individuals who are either thinking about divorce or are in the process of a divorce. To protect your rights NOW, you need a real estate agent specializing in divorce, an RCS-D^TM REALTOR^®

RCS-D^TM stands for Real Estate Collaborative Specialist-Divorce.

Tel: 310-266-9463

When keeping your house equals losing your divorce.

What you don't know during your divorce will hurt you 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. Mistakes that ruin finances, families and futures - for years after 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 post-divorce credit is during the divorce process - for a stronger financial future. 

 Andre Plessis, CDPP, RCS-D^TM REALTOR^®

As a RCS-D^TM REALTOR^® I assist individuals who are either thinking about divorce or are in the process of a divorce. To protect your rights NOW, you need a real estate agent specializing in divorce, an RCS-D^TM REALTOR^®

RCS-D^TM stands for Real Estate Collaborative Specialist-Divorce.

Tel: 310-266-9463 

Los Angeles Real Estate Divorce REALTOR

DIVORCING HOMEOWNERS Break free from joint debt & joint ownership - especially re: your family house!
You may be divorced, but did you divorce your house? Keep in mind divorce does not automatically cancel or sever your joint mortgage or any joint ownership of your house.

Because the most dangerous asset in divorce is...your HOUSE, the best time to protect your financial future is...BEFORE divorce.

Question about how to divorce when you own real estate in Los Angeles?

Call me at 310-266-9463

Andre Plessis, CDPP, RCS-D^TM REALTOR^®

As a RCS-D^TM REALTOR^® I assist individuals who are either thinking about divorce or are in the process of a divorce. To protect your rights NOW, you need a real estate agent specializing in divorce, an RCS-D^TM REALTOR^®
RCS-D^TM stands for Real Estate Collaborative Specialist-Divorce.

Real Estate For Divorcing Homeowners in Los Angeles

For Divorcing Homeowners:

Have questions about divorce real estate in Los Angeles?

 

The family home is usually the most valuable asset in divorce.

To protect your rights NOW, you need a real estate agent specializing in divorce - an RCS-D^TM REALTOR^®. RCS-D^TM stands for Real Estate Collaborative Specialist-Divorce.

RCS-D^TM REALTORS^® are specially trained to neutralize divorce real estate as a business transaction, in the best interest of the house and each divorcing spouse. 

Whether your divorce is completed, just beginning or somewhere in between, an RCS-D^TM REALTOR^® can help you determine your best options now for a fair property settlement and a stronger financial future. 

 

Andre Plessis, CDPP, RCS-D^TM REALTOR^®

As a RCS-D^TM REALTOR^® I assist individuals who are either thinking about divorce or are in the process of a divorce. To protect your rights NOW, you need a real estate agent specializing in divorce, an RCS-D^TM REALTOR^®

RCS-D^TM stands for Real Estate Collaborative Specialist-Divorce.

Question About Real Estate During a Divorce?

Do you have a question in regards to real estate during a divorce in Los Angeles county?

Call me at 310-266-9463.

MISSION: Our mission is to educate and empower others regarding the reality of joint real estate, including the pros & cons - technically the rights and responsibilities - of joint debt (especially joint mortgage), joint ownership, and true house equity - before & beyond house appraisal.
This information is especially critical per life changes such as: divorce, separation, job loss, illness/injury, death, foreclosure, or bankruptcy.
BOTTOM LINE re: Joint Real Estate: To protect yourself and your financial future, make sure you know what you owe, what you own, what you are getting into, what you are getting out of, and most importantly - what you may be getting stuck with ... before it's too late!

Andre Plessis 
 Real Estate Collaborative Specialist-Divorce^TM designation and are divorce problem prevention experts for real estate:

Is There Such a Thing as FREE Money From The Government?

Are government grants real? Is there such a things as free money from the government?

Like many persistent rumors, the one about government grants contains a grain of truth. The government does hand out grant money,  just not to folks like you and me. The government might give a grant to a university, for example, to explore the efficacy of an experimental drug. But money to help prop up your small business? Nope.

How do I know? Well, other than the fact that it’s completely illogical to expect taxpayer money to be given to for-profit businesses, Uncle Sam also says so in black and white.

Here’s a cut-and-paste from this page of U.S. Small Business Administration…

Grants
The federal government does NOT provide grants for starting and expanding a business.
Government grants are funded by your tax dollars and therefore require very stringent compliance and reporting measures to ensure the money is well spent. As you can imagine, grants are not given away indiscriminately.

Grants from the federal government are only available to non-commercial organizations, such as non-profits and educational institutions in areas such as, medicine, education, scientific research and technology development. The federal government also provides grants to state and local governments to assist them with economic development.

In short, there’s virtually no such thing as free money in the form of a government grant for a for-profit business or ordinary citizens. Anyone promising one in exchange for a fee is a liar and a thief.
If you’re trying to get financial help for your business, check out the SBA’s site at http://www.sba.gov/. You won’t get free money, but you will get free information on finding funding, including government-guaranteed loans.

Are You Married? Watch Out for STDs

A new threat to married couples has been revealed by some recent studies,  a threat the financial literacy movement is calling Sexually Transmitted Debt.

The point is this: You can suffer adverse consequences due to your spouse’s financial infidelity.
Your spouse could be amassing credit card debts, student loans, even a second mortgage that you may not be aware of. According to a December survey by the National Endowment for Financial Education, three in 10 admit that they lie to their spouses about their finances, and more than half say they hide cash from their spouses.

That’s not all. The survey also found that:

• 30% have hidden a bill,
• 15% keep a secret bank account, and
• 11% lie about how much they earn.

Are you one of those who lie to their spouses? If not, then the statistics suggest that your spouse might be lying to you. NEFE’s data show that financial deception occurs evenly across all income levels and both sexes.

Undisclosed financial vices can have egregious effects on a relationship. In NEFE’s survey, 68% said a relationship had been negatively affected by financial behavior.

• 42% experienced erosion of trust,
• 20% stopped commingling their finances, and
• 16% ended up divorced.

To help you avoid such problems, NEFE offers a six-point strategy.

Tip #1: Establish joint goals.
It’s all about communication. Together, list your short-term and longer-term needs and wants. Check your progress regularly and make sure your goals remain relevant.

Tip #2: Compromise.

We all need to realize the importance of what Mick Jagger sang: You can’t always get what you want. It’s often difficult for newlyweds to realize that they can’t continue handling their money the way they did before the wedding. A willingness to be compassionate about the other’s viewpoint is essential. So, that might mean you don’t get that new car this year, but it could mean you save for a vacation together.

Tip #3: Set limits.

How much money do you spend before you discuss the purchase in advance with your spouse? Nearly three-fourths of those surveyed believe that spending more than $100 without telling your spouse is unacceptable, according to CESI Debt Solutions. So when you’re considering a purchase, make sure your spouse supports the idea beforehand.

Tip #4: Make a date.

Set a specific time and place to discuss finances with your spouse. It’s okay if you feel uncomfortable or shy. The conversation certainly isn’t romantic, but addressing these issues could be the best way to strengthen your relationship.

Tip #5: Resist the temptation to fib.

Be honest. Remember, in some states, spouses are legally responsible for the other’s debt, whether it was incurred before or during the marriage. If you have a good credit history, you don’t want your assets to be seized because of your partner’s financial mistakes.

Tip #6: Be positive.

It’s easy to blame your spouse if money is a problem. Instead of casting blame, stay focused and positive so you can move toward your joint goals.

I would like to add the following tips:

Tip #7: Get a Prenuptial Agreement

Tip #8: Watch out for your spouse's mail

Wishing you luck! Remember during a mariage you own half of your spouse'd debt. So beware and watch out!