Real Brokerage / Sillemon Real Estate & Investments Group
Divorce Resource Realtors, knowing is half the battle.
The Property Due-Diligence Specialist. Divorce Professionals Choice.
What We Do
Divorce Resource Realtors, help Homeowners, Lawyers, and Mediators gather house-related documents. We also, assist with Property Valuations, Sells/Relocation, Disputes, Regulations and More. This will help to make informed decisions during family mediation or trial and will HELP PREVENT FINANCIAL AND LEGAL MISTAKES THAT CAN RUIN FAMILY's FUTURES. Most of the house documents are free. Lee and his team can help guide clients comfortably, and compassionately through the process of making an informed decision about whether to keep or possibly sell the marital property with no added pressure.
RCS-D stands for Real Estate Collaboration Specialist - Divorce, and is a designation that helps divorcing homeowners make informed decisions about dividing their property. Collaborative divorces also reduce the overall cost of divorce and allow couples to settle their disagreements in private and on their schedule.
Delegating document gathering to your clients often leaves property evidence gaps in your case file.
We know that selling a property in the best of circumstances is a task within itself. From preparing the property, accepting the right offer, to providing accurate and complete disclosures for the property.
Now add a couple who’s not amicable. Similar to the movie, “The War or the Roses.” Where their divorce turned into a war over their home and their possessions.
I get it! Assets and pensions are being dividing, child support and custody battle are being fought and your clients are trying to figure out which bills their going to continue to pay.
While you on the other hand, as the divorce professional, are needing information and documentation to address legal issues; Such as court orders or agreements.
Divorce Resource Realtors can assist you with gathering property documents needed to complete your case file.
We are the Property Due Diligence Specialist!
What Happens to the Home in a Divorce?
In California, when a couple goes through a divorce, the division of property, including the family home, follows the principle of community property. Community property refers to the assets and debts acquired during the marriage, and it is generally divided equally between the spouses. Here are a few possible scenarios regarding the family home:
1. Sell the Home and Divide the Proceeds: The house can be sold, and the proceeds from the sale can be divided equally between the spouses. This is a common approach, especially when neither spouse wishes to keep the home.
2. Buyout: One spouse may choose to buy out the other spouse's share of the home. This involves compensating the other spouse for their portion of the property's value. The buyout can be achieved through refinancing the mortgage or by offsetting the value with other marital assets.
3. Co-ownership: In some cases, divorced couples may decide to continue co-owning the family home, especially when children are involved. This arrangement allows the children to maintain stability by remaining in the same residence. However, it requires careful consideration and often involves drafting a detailed agreement to address responsibilities, expenses, and potential future sales.
The process involves a series of meetings between the couples and their attorneys to reach agreements that are in the best interest of all interested parties, including the children. Instead of litigating the matter and putting life-changing decisions in the hands of a judge, the parties make the decisions that will determine their life after divorce.
It's important to note that divorce settlements can be negotiated between the spouses or decided by a family court judge if the couple cannot reach an agreement. The court takes various factors into account, such as the length of the marriage, each spouse's financial situation, and the best interests of any children involved.
Divorce laws can be complex and may vary depending on the specific circumstances of the case. It is advisable to consult with a qualified family law attorney in California to understand how divorce laws apply to your situation and to receive personalized legal advice.
How Lee and his team can assist.
Lee and his team are well-versed in local real estate laws, regulations, and procedures. Homeowners, Mediators, and Divorce attorneys may consult with Lee to gain insights into:
Property-related legal matters, such as title issues, liens, zoning regulations, and other relevant considerations.
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From, For Sell to Sold - Let Lee Sillemon III guide you Home
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