John: So, a couple is getting divorced. They own real estate, any problems if they are both on the loan?
Jennifer: Well, yeah huge problems. You’re the real estate attorney – you know the deal. Some people come to me and say I am just going to quit claim deed the property over to her and no problem, she wants the property. I will give it to her in title. Well, that’s a huge problem. What’s my problem there, John?
John: The problem is the next time you buy a house, all of a sudden you are still on the loan, or if she can’t afford it and defaults on the loan.
John: So, we have a whole article that you wrote that’s on our website on that subject.
Jennifer: Absolutely, it’s time to get a lawyer and do it right.
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