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August 3, 2012 Cindy Best
During a divorce in Arizona, what if neither of us can afford the house in Scottsdale?
This is no different than if you were together. You have the same problems and issues as if you were together (divorce just makes it more difficult). The mortgage company expects both of you to pay. If there is a deficiency judgment because of a line of credit, the creditor will look to both of…
July 23, 2012 Cindy Best
What Happens if the House is Community Property? What if it is Sole and Separate?
Option one is one spouse stays in the house and makes all the payments; the parties get the house appraised and decide the value of the house. Then the party who wants to live in the house pays the other spouse half the value of the house. This can be paid with cash in a…
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Contact Information
7025 N. Scottsdale Road, Suite 303
Scottsdale, Arizona 85253
Scottsdale, Arizona 85253
