Should I Keep My House Post-Divorce with Jeff Landers | Episode 142

Maximizing Your Options: What to Do with the Marital Home in DivorceIn this episode of Divorce at Altitude, Ryan Kalamaya and Amy Goscha welcome Jeff Landers, a Certified Divorce Financial Analyst (CDFA) and Certified Divorce Lending Professional (CDLP), to discuss one of the most pivotal questions in divorce—what to do with the marital home. Jeff provides expert advice on navigating the complex decision of whether to keep, sell, or co-own the home post-divorce. He shares his insights on managing the financial implications, especially for divorcing individuals who wish to maintain stability for their children.Guest Information Jeff Landers is a seasoned expert in divorce financial matters, with a background that includes being a licensed mortgage and real estate broker. He founded Next Act Properties, a company dedicated to providing real estate and mortgage solutions for divorcing individuals. With a wealth of experience, including his role as the author of seven divorce-related books, Jeff specializes in offering guidance on what to do with the marital home during divorce.Episode OutlineIntroduction to the Marital Home Dilemma Ryan and Amy introduce Jeff Landers and discuss the common dilemma faced by divorcing couples: what to do with the marital home.Should You Sell, Keep, or Co-Own the Home? Jeff explains the three main options—selling, keeping, or co-owning the home—and why co-owning post-divorce is generally not advisable.Financial Implications of Keeping the Home Jeff discusses the financial challenges of keeping the marital home, including the need to buy out the other spouse's share and the difficulty of qualifying for a mortgage post-divorce.Mortgage Refinancing and the Six-Month Rule Jeff dives into the mortgage refinancing process, detailing how spousal support and child support may affect the ability to qualify for a mortgage.Planning for the Future: Fractional Ownership and Sell-Leaseback Options Jeff talks about fractional ownership and sell-leaseback options for those who may not be able to afford to buy out their spouse or refinance the home.The Importance of Planning Early in the Divorce Process Jeff emphasizes the importance of getting professional advice early in the divorce process to avoid costly mistakes later on.What is Divorce at Altitude? Ryan Kalamaya and Amy Goscha provide tips and recommendations on issues related to divorce, separation, and co-parenting in Colorado. Ryan and Amy are the founding partners of an innovative and ambitious law firm, Kalamaya | Goscha, that pushes the boundaries to discover new frontiers in family law, personal injuries, and criminal defense in Colorado. To subscribe to Divorce at Altitude, click here and select your favorite podcast player. To subscribe to Kalamaya | Goscha's YouTube channel where many of the episodes will be posted as videos, click here.  If you have additional questions or would like to speak to one of our attorneys, give us a call at 970-429-5784 or email us at [email protected].************************************************************************DISCLAIMER: THE COMMENTARY AND OPINIONS ON THIS PODCAST IS FOR ENTERTAINMENT AND INFORMATIONAL PURPOSES AND NOT FOR THE PURPOSE OF PROVIDING LEGAL ADVICE. CONTACT AN ATTORNEY IN YOUR STATE OR AREA TO OBTAIN LEGAL ADVICE ON ANY OF THESE ISSUES.