Episode - 28 Covid, Mortgages, and What to Do with the House

Even before the pandemic, divorcing couples struggled with the questions "What should we do with the house?" and "Where should each of us live?" Now, divorcing couples (many of whom have been trapped under the same roof for over two years) are struggling to understand the impact of Covid on such issues as finding (and qualifying for) the right mortgage, dealing with credit problems, understanding inflated property values, deciding whether to rent or buy, the implications of rising interest rates, and the the potential implications of temporarily inflated or deflated incomes-- to name just a few. In this episode Kate talks to mortgage broker Margie Hofberg, who shares clear, reassuring, important and often surprising tips you need to know right now (before you sign your separation or divorce agreement), so you can ensure a smooth transition from one household to two.