Call Us: 972-724-2881
Q&A #1: Will a Deed of Trust to Secure Assumption Remove Liability?

This begins a short series (a dozen or so) of questions I have received recently from family law attorneys. I figure the best way to answer questions that you have is to....well, answer actual questions you have asked. Here's an actual but common one: Q: I am in an interesting debate with opposing counsel and […]

Read More
They said it couldn't be done - an Owelty after the....

They said it couldn't be done - an Owelty after the.... I just closed a loan for a newly divorced customer. The other side did everything they could to keep it from happening. How we handled it makes all the difference in the world. The facts. Divorcing couple. Husband to be awarded the house subject […]

Read More
Can An Owelty Secure Payment When Property is Jointly Held and Sold?

So this attorney calls and asks... No, this is not a joke. It's just one of many calls or emails I receive each month. I've designed my business model so that I can take care of your questions and *conundrums. I can do this because you have been so kind in the past many years […]

Read More
Owelties and Mediation #2

Owelties and Mediation #2 or How To Structure Buyouts in a Divorce Mediation  I need to re-state the punchline from last week even though you can read the short article right here. When negotiating – in mediation or in any binding agreement - a buyout of a spouse’s interest in the marital residence, use the phrase “NET […]

Read More
Owelties and Mediation #1: How To Structure a Buyout in a Divorce Mediation

I’m going to write this series backwards. I’m starting with the punch line. Then, I’m going to build the rationale for it, explaining exactly why my recommendation is necessary. I will have at least 4 case studies. I will use real numbers. I will not use real names so I can protect the guilty. It’s […]

Read More
What Happens When You Stop Foreclosure

After my Tuesday Tutorial last week, a great attorney and friend emailed me… “The spouse is required to execute the DOT to avoid any homestead claims if they reconcile and he moves in and then she defaults. I’m not saying he would prevail on the homestead claim, but what a hassle. I’d take the case […]

Read More
Spousal Joinder (on the Deed of Trust) Not Required

Here is a question I received today from the talented Mary Crossett of Albin Roach. (You can see Mary's page here. Hi Noel, I’m sorry to bother you, but I have a client who has agreed to sign all necessary documentation so his soon-to-be ex-wife can purchase a new home. However, the one caveat in […]

Read More
5 Things You Need To Do To Get Ready for Mediation

I usually write to family law attorneys in this blog. This post is to both attorneys and divorcing clients but written as if to the party who is divorcing and facing an upcoming mediation. It's really "5 Things For The Attorney [To Get Their Client To Do] To Prepare For Mediation." Mediation is becoming more […]

Read More
Severe Misconceptions About The Owelty

No sooner had I made my case yesterday - for why I needed to speak with all 99,000 divorcing Texas homeowners each year – than I received this inquiry from a customer. I was doing the financing for husband as he was refinancing in order to remove his wife from the liability and include a […]

Read More
Why I Must Speak With 99,000 Divorcing Texans This Year

I’m putting this on my blog because it is NOT an advertisement. This is serious stuff. From the beginning of this newsletter, I have resolved to ONLY write and send it ONLY when I had substantial information that would help you as a family law practitioner. Candidly, I always have more ideas for you all […]

Read More
1 5 6 7 8 9 13
Copyright ©2020 The Mortgage Institute