Working with Divorce
Two of my first clients, a divorcing couple, had completed their marital settlement agreement based on assumptions of net proceeds from the sale of their home. Unfortunately, there were no proceeds to be had, as was common during the foreclosure meltdown of 2007-2011. This was to be a short sale and would have a long-term negative effect on their credit. I have found that many divorcing couples make detrimental decisions about spousal support and division of assets. These decisions are often based on the assumptions of the equity available in their house and a lack of information about potential pitfalls in the process. At the time, I had agreed to partner with a more senior agent but found that no one had expertise in working with divorcing couples, let alone with a short sale. Through tenacity and research, reading books and many attorney inquires, I was able to help my clients navigate through this complex sale and move onto the next phase of their life.
Since that time, I am happy to say that I have connected with financial planners, legal professionals, and communication coaches that offered insight on the nuances of divorce and introduced me to advanced level training on the various aspects of divorce and real estate. I have completed significant coursework and accumulated significant experience in this area. Most recently, I have completed the extensive curriculum offered at the Ilumni Institute, thus earning the designation of Certified Divorce Real Estate Expert (CDRE). As a CDRE, I am an educator and resource, trained to handle emotional and legal pitfalls. I work to ensure clients know and are offered their best options concerning divorce real estate. In my work as a CDRE, I work to help my clients best navigate their options in keeping or selling their house during a divorce, with discretion, empathy, neutrality, and skill, so that they are soon free to move on to their next chapter with their best possible outcome. My mission is to minimize, not prolong or add to, the stress of my clients and their advisors. I help you get the best outcome for YOU.
Many attorneys and related professionals working with divorcing clients and high conflict estate and probate settlements may work with various agents, but will often contact me for their most challenging client situations.
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Working with Sellers
For several years, I worked with investors “flipping”, renovating properties for a quick profit. During this time, I became proficient in maximizing the return on investment by being very selective on pre-sale improvements. As we sold each property, I would often speak with neighboring property owners about their experiences when approached about selling. I found that they seemed to be consistently presented with one of two options: 1) sell “as-Is”, potentially off-market (not advertised) to an investor, because “their home needs too much work and isn’t worth repairing”, or, 2) do extensive pre-sale renovations because “your house won’t sell unless we do a lot of improvements”. ”As-is” sellers, typically the most in need, are frequently preyed upon by investors or agents offering a quick, low fee sale, but looking to purchase properties at 30-50% below the after renovated value. Conversely, when Sellers are guided to renovate, many homes are over-improved, resulting in a loss or “break-even” scenario, because the sellers and/or agent lack the knowledge to determine which items will produce the best return on time and funds invested. I found that most Sellers had not been presented with more than one option, or even a third option of doing a few pre-sale improvements to maximize the amount of sale process in their pockets at the close of the transaction, the best option for most sellers. Because of this gap in the industry, to empower clients, I have facilitated many “owner flips” in entry-level and luxury home markets, so that the highest amount of proceeds could stay with the client instead of with an investor. More recently, this process led to my piloting a program within my office, to provide non-credit/non-income dependent loans to my clients and the option of as-is, partial remodel, or fully remodeled sales. In addition to offering pre-sale options, my marketing skills have allowed me to consistently help property owners sell faster and at higher amounts than owners of similar, neighboring properties offered to the market in the same time frame. I love creating raving fans by empowering my clients to achieve more than they thought possible.
I have facilitated many “owner flips” in entry-level and luxury home markets so that the highest amount of proceeds could stay with the client instead of with an investor.