Divorcing and Own a House? 4 Options You Need to Know

The complicated aspect of divorce proceedings is deciding what to do with the family home. We highlight that this decision is pivotal and can be a deal-breaker for many individuals navigating a divorce, emphasizing that attorneys typically are not equipped to deal with the intricacies of mortgages and real estate. Leveraging over a decade of experience in real estate, Scotty offers practical solutions by discussing the various options available to couples.

Scotty outlines four primary paths couples can take with their homes:
selling, buyout, assumption, or inaction.
With a focus on providing expert advice, he strongly recommends considering a buyout to maximize equity and benefit from favorable lending terms. He points out that selling can be the quickest and simplest option but emphasizes that keeping or letting go of a home involves nuances best addressed with professional guidance. With firsthand experience, Scotty also shares his own jo

House Buyout Divorce Calculator - https://thegiffordgroup.net/divorce-b...
Assumable Mortgage Calculator - https://thegiffordgroup.net/current-m...

Divorce is more than an ending—it’s a new beginning. That’s why we wrote Two Roads, One Journey: Navigating Divorce Through God’s Grace—to offer hope, guidance, and faith through this life-changing season - https://www.amazon.com/dp/B0DXH764KQ

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Timestamp Summary

0:00 Expert Guidance on Divorce and Real Estate Decisions
1:11 Exploring Options for a Shared Home
2:41 Leveraging Equity and Retirement Funds
3:13 Navigating Divorce and Mortgage Buyouts
4:44 Navigating Post-Divorce Real Estate and Legal Challenges
5:40 Choosing Renting Over Buying Post-Divorce for Financial Freedom



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"Opening Doors to New Beginnings"

AMBER GIFFORD, TREC LIC. #0732687
SCOTTY GIFFORD TREC LIC. #0740987
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