55. The Financial Blueprint to Your Post-Divorce Home (Guest: Jimmy Joseph)

Get Divorced Without Getting Screwed

🏡 Owning or searching for a home while going through a divorce can be mentally, emotionally, and physically draining. 🙍‍♂️ You might also have to live on less money than you planned or receive less income. 📉 These are some of the reasons why financial planning is crucial. ⚠️ Our guest Jimmy Joseph @jimmy.mortgage, a mortgage professional with over 20 years of experience in financial services, will walk you through the best financial plan for your post-divorce home. 💸💥
We discuss:
✅ How much money do you need to put down on a house?
✅ What is a low-interest rate?
✅ What is the most important consideration when people buy a house?
✅ How much of a down payment do you need?
✅ Rent v. Owning
✅ What type of mortgage broker should you work with?
✅ What is the most important thing you need in a divorce?
✅ Let's talk about appraisals!
✅ State of the housing market.
✅ Second mortgages and home equity lines
✅ Fixed v. Variable Interest Rates
✅ Pay off the mortgage v. money in the market?
✅ Managing credit during a divorce
✅ Credits scores and debt-to-income ratio
✅ Timing of Seeling
....AND SO MUCH MORE....