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Pacific Cove Realty Main (714) 454-2748 Office (949) 681-3808 Fax (714) 908-9977 9891 Irvine Center Dr. #200 Irvine, Ca.92618 Copyright 2008
Peggy Aldinger. All rights reserved.
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When Life throws you curve balls, Hit them back into home runs!
Divorce: What You Need to Know About Your House, Your Home Loan and Taxes How to Avoid Costly Housing Mistakes During and After a Divorce Divorce is rarely easy and often means a lot of difficult decisions. One of the most important decisions is what to do about the house. In the midst of the heavy emotional and financial turmoil, what you need most is some non-emotional, straightforward, specific information and answers. Once you know how a divorce affects your home, your mortgage and taxes, critical decisions are easier. Neutral, third party information can help you make logical, rather than emotional, decisions. Probably the first decision is whether you want to continue living in the house. Will the familiar surroundings bring you comfort and emotional security, or unpleasant memories? Do you want to minimize change by staying where you are, or sell your home and move to a new place that offers a new start? Only you can answer those questions, but there will almost certainly be some financial repercussions to your decision process. What can you afford? Can you manage the old house on your new budget? Is refinancing possible? Or is it better to sell and buy? How much house can you buy on your new budget? To help you know what questions you should ask and how to arrive at the right answer for your specific situation, a FREE special report has been prepared by industry experts entitled "Divorce: What You Need to Know About Your House, Your Home Loan and Taxes".
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