Divorce Real Estate
My team and I help divorcing homeowners make informed decisions regarding secure housing debt as well as providing a Home Ownership Eligibility review. We also provide information that will help you
My team and I help divorcing homeowners make informed decisions regarding secure housing debt as well as providing a Home Ownership Eligibility review. We also provide information that will help you
This information is not intended to replace Legal assistance but is used as a resource to help guide you to your much-needed answers.
Michelle Petrowski is a Financial Planner specifically trained in Divorce. She has a wealth of information to share with divorcing families and helps families with fair division of assets.
Meet MichelleMediation is becoming more popular with divorcing couples and allows couples to end the relationship amicably.
Learn MoreEach divorcing party is responsible to share all assets and debts so they can be included in the divorce negotiations.
Learn MoreUnderstanding your numbers and what you can afford as a single person is important information.
Rent vs BuyWhen you are ready for your Real Estate Professional, they will be an excellent resource for information, however you may want to learn where values are at prior to speaking with them.
Home ValuesSchools may be an important part of your decision of where you will be moving to. Research communities and the schools that serve them.
School InfoRising interest rates will affect the affordability of a home. Therefore, it is best to start with a plan that meets where you are currently at instead of waiting.
AffordabilityDid you know that if one spouse is insolvent, his or her creditors can go after the other spouse’s assets in a Community Property State? Learn how to protect yourself.
What About Debt?Generally, debts that occurred PRIOR to the marriage remain as the separate property of the spouse that took it out. Their creditors are unable to reach one party’s separate property.
Gifts and Inheritances to one spouse is owned solely by that person. And if you do choose to remarry, you can protect yourself and not be liable for your new spouses’ debts that they acquired before.
What about liens on your home? Did you know that your Mortgage Statement does not reflect the actual balance owed? And there may be liens that are not reflected on that mortgage statement.
The Credit Score is your #1 Asset to protect during a divorce. Did you know that a positive credit score will open doors to you as a single person?
Learn MoreIf you do choose to sell and purchase your own home, understanding what you qualify for as well as what the underwriting guidelines are will be important for you and your legal representative.
Ask Karen JonesThe first step is the hardest and choosing the right lawyer to represent you even more important. Full or Self-representation? Get educated on your options so you can make informed decisions.
Start ResearchYour RCS-D Mortgage Loan Officer, your REALTOR and your Financial Advisor will also be a part of your team. Each one providing guidance and education to assist you in making those decisions
Meet Karen Jones