In the midst of a divorce and have questions about the future of your home? What's the best option? This book specifically details your options in selling your home in a divorce. Spitting up the house can be a tough thing to do but this is your guide.
It is not uncommon to have questions concerning what happens to the marital home, the current mortgage, and even your credit rating. I help educate my clients on all available options so they can take the proper steps in purchasing their next home. I guide you through this process one step at a time, discuss your financial goals, and tackle the inevitable concerns and questions that will arise. I provide a free consultation, including a comparative market analysis (CMA) of their home to help give the answers needed for my clients to make the best financial decision.
Below are some answers to frequently asked questions your clients may ask:
What happens to my current home?
The most common options are to sell the home and split the proceeds or one person can buy out the other by refinancing the mortgage. I will sit down and discuss the above options and any other alternative options that may work for their family. As a divorce real estate specialist, I help clients get on the same page and minimize friction.
How does divorce impact my credit score?
Unfortunately for many, divorce is a time of great financial hardship and credit challenges. Because couples are responsible for the mortgage until it is paid in full or refinanced, it is imperative that your clients remain current on the monthly payments. I will discuss further whether refinancing, selling or if another option is better for their unique situation. Coming to a resolution for my clients home that meets their goals with less conflict is always my first priority.
Can I buy a new home if I'm still listed on the previous mortgage?
Yes, but it's sometimes difficult to purchase another home until your divorce is final. In most situations involving child support and alimony, the payments must be received for a specific time period before you can use it as qualifying income. If you are still listed as a co-borrower on the mortgage for the prior home, many mortgage programs will allow you to qualify while excluding that debt. I will connect my clients with an experienced lender who can give the best advice for their unique situation. A Lease to Purchase option may be an alternative solution if one party can not afford to buy the other party out.
Kim is very competent and knowledgeable. I am very confident in referring Kim to my clients.” – Kristi H
“Thank you SO much for ALL you did for me to help me purchase my new home! I know you did so much more work behind the scenes than I am not aware of.” - Shery L
“Kim, I can’t thank you enough for helping me with my home purchase, I wasn’t sure I could qualify while going through a divorce.” I appreciate all that you did for me! – Heather V
“I used Kim’s services while going through my divorce in 2015. At a time when I was under a lot of stress and making difficult decisions, Kim’s experience and acknowledge and compassion helped me through the process tremendously. I could close on my house quickly and without complications. I am very grateful.” – Christine K
“Ms. Langelaar combines her great communication skills and immense financial knowledge into her services she provides. Kim understands the financial aspects couples who are divorcing. Therefore, Ms. Langelaar has proven to be a great asset and resource for our clients” G.G. Esq
The RENE is conferred by the Real Estate Business Institute (REBI) and is an official certification of the National Association of REALTORS®. Kim Langelaar is a part of an elite group of real estate professionals from around the world who have earned the RENE certification. All were required to successfully complete comprehensive coursework in negotiation and subscribe to the REALTOR® Code of Ethics.
Kim believes in the power of education she has earned certifications in Pricing Strategy, Building Wealth in Investments, Resort and Second Property Specialist
Kim has spent hundreds of hours helping couples negotiate their divorce, her experience as a mediator has helped her communicate effectively in highly emotional situations. Kim remains focus at the task of getting her clients the best price in an efficient, and successful manner, and always keeping her clients informed through every step of the process. Kim has a genuine passion for real estate and finding solutions to complex problems.
Kim’s education background includes a B.S. in Technical Management from DeVry University, Denver Colorado with a Dean’s recommendation of Honors. She has an A.S. in Network Systems Administration from Denver Technical College. Certificate in Mediation from Mares-Dixon & Associate and High Conflict Diversion certification from the High Conflict Diversion Program. Kim has previously held a FINRA registration, Series 6, Series 7, Series 63, Series, 65 and a Mortgage Loan Originator licenses.
Kim has served families as a volunteer mediator for the Turelli Foundation and was a volunteer for CASA. (Court Appointed Special Advocate for Children)