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How to Avoid Costly Housing Mistakes Before and After a Divorce

Friday, June 26, 2020   /   by Michael Szakos

How to Avoid Costly Housing Mistakes Before and After a Divorce


Ventura, CA - Divorce is rarely easy and often means a lot of difficult decisions. One of the most important decisions is what to do about the house.

In the midst of the heavy emotional and financial turmoil, what you need most is some non-emotional, straightforward, specific information and answers. Once you know how a divorce affects your home, your mortgage and taxes, critical decisions are easier. Neutral, third party information can help you make logical, rather than emotional, decisions.



Probably the first decision is whether you want to continue living in the house. Will the familiar surroundings bring you comfort and emotional security, or unpleasant memories? Do you want to minimize change by staying where you are, or sell your home and move to a new place that offers a new start? Only you can answer those questions, but there will almost certainly be some financial repercussions to your decision process. What can you afford? Can you manage the old house on your new budget? Is refinancing possible? Or is it better to sell and buy? How much house can you buy on your new budget?



To help you know what questions you should ask and how to arrive at the right answer for your specific situation, a FREE special report has been prepared by industry experts entitled "Divorce: What You Need to Know About Your House, Your Mortgage and Taxes".



You can grab a copy of that free report by clicking here: https://www.teamszakos.com/info/divorce-and-your-home



or give me a call at 805-765-1605.



Thanks for reading this week’s BLOG.



Together we can Change Lives and the Community, Daily!



--Mike



Your home Sold Guaranteed or I’ll Buy It* - if you or anyone you know is considering making a move, feel free to give me a call or pass on my number!  805-765-1605



*Mike Szakos and the homeowner must agree on price and terms.



Family Divorce Split Home

Team Szakos
Michael Szakos
1893 Knoll Drive
Ventura, CA 93003
805-263-1892
DRE# 01473073

Based on information from California Regional Multiple Listing Service, Inc. as of June 7, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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