John: So couples getting a divorce is it a problem if they both own the house?
Jennifer: Well yeah huge problems I mean you’re the real estate attorney, you know the deal so many people come to me and they say I’m just going to quick claim the deed property over to her and no problem she wants the property and I’ll give it to her in title well that’s a huge problem, what’s my problem there John.
John: Well the problem is the next time you try to go buy a house all of a sudden you’re still on the loan.
Jennifer: Right.
John: Or if she can’t afford it and the faults on the loan.
Jennifer: Right.
John: And 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.
John: Exactly.
For important information visit our legal articles and our legal blog at Joseph & Joseph & Hanna.