Attention Divorced Clients! If your ex was awarded your home and they started making late payments or went into foreclosure after your divorce, a new lender will not hold you responsible as long as all payments were current at the time of the divorce. If this sounds like your situation, let’s talk about your options!
Related Article Title: Home Awarded to Ex-Spouse Goes into Foreclosure After the Divorce Question: My client’s ex-spouse was awarded the home in the divorce agreement. After the divorce, late payments and ultimately a foreclosure occurred. Will this affect my client’s ability to get an FHA loan? MC Chart- Divorced Borrowers – All Agencies Answer: Foreclosure […]