Comments on: Protecting your credit during divorce | refinance to buyout spouse’s equity

By: steve

steve — Mon, 04 Aug 2008 17:07:34 +0000

Steve, sit down with your Loan Officer and settlement attorney to hammer out your questions… Looks like you’ll want to grab your accountant as well. Then all has to be agreed by the party you are buying out.

By: Steve Reid

Steve Reid — Mon, 04 Aug 2008 16:30:34 +0000

If you buy someone out of a mortgage, how do you detrimine the other’s value to the house? How is it detrimined? What are the factors that pay a role in the entire process?
And would I also need to do a warranty quit deed to become sole owner of the property?

By: Tips for filing your 2007 tax return | Mortgage Blog

Tips for filing your 2007 tax return | Mortgage Blog — Fri, 25 Jan 2008 21:00:51 +0000

[...] from your earlier refi, provided that you refinanced with a different lender. If you did a refinance with the same lender, the points must continue to be deducted over the life of the [...]

By: John Hodges

John Hodges — Mon, 21 Jan 2008 16:18:55 +0000

David, I don’t know the specifics of your situation but from the limited information, you may benefit from individual ownership with a larger (sole) tax deduction on the property vs. jointly with a spouse. I would be happy to discuss your situation with you further.. John

By: David Jacobs

David Jacobs — Fri, 18 Jan 2008 18:59:33 +0000

Hello,

If I were to buy out my spouse, do I get a heave tax burden?

This site has been helpful, Thank You