Idiocy #3 – That a refinance loan can close before final divorce and pay an Owelty [Buy-Out] to a spouse. We have here a double-whammy. The judge ruled the impossible on August 3, 2023, then on August 16th doubled down, reaffirming this idiocy. Case Identification Cause No. 231-715459-22; In The District Court, 231st Judicial District, […]

Idiocy #2 – That a judge can determine value, equity and therefore a fair and equitable buyout. Review: Introduction: Stupid judges harm you more than malicious judges do Lesson: Ignorance + Arrogance > Stupidity Idiocy #1: That a person can purchase something which they already own. Lesson: Know the difference between the purchase of property […]

Second installment: Idiocy #1 – That a person can purchase a property which they already own. The doctor sees all the weaknesses of mankind, the lawyer all the wickedness, the theologian all the stupidity. I am neither doctor nor lawyer nor theologian. But, according to Cipolla’s Five Laws of Human Stupidity, all of us pay […]

INTRODUCTION: Stupid Judges Hurt You More Than Malicious Ones Do: The Laws of Human Stupidity In this series “10 STUPID THINGS JUDGES DO: The Idiocies of Jesse Nevarez, et al” I am exposing bad behavior in judges. Specifically, stupid behavior from judges. I use the words “stupid” and “stupidity” in their technical or clinical sense. […]

Summary Reverse mortgages can be used in divorce buy-outs. But, full payment to beneficiary could be delayed a full year or more if the lender doesn’t know this secret I am sharing here. Even if an attorney does not deal with “grey divorces,” this short tutorial in divorce buy-outs with reverse mortgages will serve as […]

In the previous blog, I discussed why every word in a borrower’s decree is read, reviewed and underwritten. Here’s the link: https://www.themortgageinstitute.com/2022/09/why-it-is-important-for-me-to-preview-drafts-of-the-divorce-decree-part-1/ The assignment of debt was the key illustration and element in the first reason why I PRE-underwrite (review prior to finalization of divorce) drafts of divorce decrees. Too much debt assignment can disqualify […]

I’m giving away almost all the ingredients to my Divorce-Lending “secret sauce.” This is a recipe I’ve refined over the past 20 years and it’s pure magic. It’s been the difference between mom having to sell the house and move into an apartment or keeping the little crumb-crunchers in their same bedrooms, same school, same […]

I surely hope to soon finish my book, The Texas Cash Out vs. The PROPER DANG WAY TO DO A DIVORCE BUY-OUT. Meanwhile, I’ll just keep writing out my experiences helping divorcing folks and Divorce Lawyers get their deals taken care of. Note: This email correspondence below is dated October 7, 2021, nearly 4 years […]

Here is the last part of this second question in my series. Just go back to the most recent posts to get the flow of thought. I pick up with the exchange between RB and me. Question (from RB) Thank you so much for sharing your expert knowledge! I've already taken over ownership, I've refinanced, […]

Do Not Let This Happen in Your Divorce Settlements: House Awarded With No Provision for Refinancing Every attorney with whom I frequently work knows that there is rarely if ever any excuse to leave a joint debt UN-REFINANCED. Especially if that debt is the home mortgage. When one party is awarded the house but the […]