• Alan Jacobs

8 Steps to Get Ready for Your Refinance


Many of my divorce mediation clients' main asset is the equity in their home. Often, one spouse chooses to purchase the other's share of the equity by refinancing their mortgage solely in his or her name.

In this excellent article, Kerrie Marzot offers 8 steps to get ready to refinance your home. While I few of the steps may not apply when a couple is divorcing, the article offer a great overview.

  1. Compare Interest Rates.

  2. Establish When You Will Begin to Save.

  3. Calculate Your Total Savings.

  4. Determine Your Home's Value.

  5. Get Your Credit Score.

  6. Speak to Several Different Lenders.

  7. Decide Whether It Is the Right Time to Move Forward.

  8. Get Your Financial Information Together.

#Divorce #Finances #BenefitsofMediation

3 views0 comments

Recent Posts

See All

When a couple decides to get a divorce and one or both of them owns a business, the process is going to be a lot more complicated. Businesses can be a major point of contention between divorcing spous

Filing for divorce is one of the most difficult life-changing decisions in a person’s lifetime and one which many spouses are understandably reticent to embark upon. Various studies over the years hav