This is an important topic that came up in my conversation with Charlotte family law attorney Leigh Sellers of Touchstone Family Law recently and it’s worthy of expanding. I’ll be doing a series on this because it’s such an important and multi-faceted topic.
So, you’re separated, divorcing (or considering it) and want to buy a home. Where do you even start?
The state of NC makes separation and divorce an extended shit show. Thanks NC….more than a year is extraordinarily fun. Seriously.
The first of this series will address one of the foundational things to consider: Who do I turn to?
It is NEVER too early to connect with mortgage and real estate professionals that will help guide you.
The reality is that marital status matters when buying or selling a home. It’s foundationally important to have a team of people you trust around you as you navigate life changing decisions.
Not only does marital status matter, the terms of any separation agreement or court ordered terms can have VERY long lasting impacts on your life going forward. It is critical to surround yourself with a team that is looking out for YOU.
If you’re working with a family law attorney that’s wonderful but they’re an attorney, not a financial, mortgage or real estate professional. Before you sign ANYTHING related to divorce make sure it won’t negatively impact your home buying ability.
I have seen it happen where legal documents related to divorce literally disqualify someone from buying a home, not intentionally but simply because of the way they were structured and long lasting implications.
Buying a home while divorcing is layering emotionally charged and stressful processes together and it will amplify your stress level, even if only in the relatively short term. The team of professionals you choose are so critically important because of this fact.
By the way, the BEST professionals will guide and support you as you explore, navigate and make the decisions that make the most sense for your individual journey. Whether that ends up meaning buying a home now, later OR not at all.
My most highly recommended mortgage pros for divorcing or divorced home buyers are:
Rebecca Richardson of Brand Mortgage
ALL of these mortgage pros are not only outstanding mortgage resources, they are all sensitive to and respectful of the nature and impacts of divorce.
I wrote and published an ebook and if that resource may be helpful check it out, it’s a free pdf and you’re of course welcome to share it: Badass Chick’s Guide to Home Buying
Copyright©2018 by Diane McDermott, All Rights Reserved, “Buying a Home While Going Through a Divorce. Part 1: Your Team”
The content of this blog is the original content of Diane McDermott, NC Residential Real Estate Broker in Charlotte NC, Heartfelt, Empowering Real Estate in Charlotte NC