In the event of a divorce, your property was probably subject to a division.
Your ex-spouse may receive certain shared properties and you will be able
to keep other shared properties that are a part of your collective fortune.
When you received a divorce settlement, did your judgment give you time
to refinance a house in your name?
If you were able to secure your former residency, then you want to make
sure to refinance it in your name, keeping your ex-spouse from having
any power over the sale of the home. If you fail to do this, then your
spouse may be able to force a sale on the home. With interest rates somewhat
low at present, there are lots of possible buyers that may be willing
to purchase your home. You will want to refinance your home now while
the interest rates are low, as they could rise in the near future.
If you were not given this time allotment as a part of your divorce settlement,
you may be able to petition for a modification to add in this provision.
This way, you will be able to refinance the home in your timing and will
not need to fear the possibility of your ex-spouse abusing your right
to the property. Hire a lawyer immediately if you have run into a real
estate complication post-divorce.
A Los Angles family attorney at Claery & Green can assist you with
this modification and help the court to understand the necessity of refinancing.
Don't hesitate to hire a lawyer at the firm, as a professional will
be able to argue your case better than you could do on your own. The compassionate
and caring lawyers at Claery & Green are waiting to help! Call them today!