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Divorce And Real Estate, Quitclaim Deed? What about the Mortgage?

August 29, 2010

As a former paralegal in both litigation and family law firms, this is a question that often came up. Often, the question came up AFTER dings on their credit report for a debt that the ex-spouse was supposed to pay, but was paid late, or not at all. Sometimes it came even later, after a foreclosure showed up on their credit report. How can that be, they always asked?

So, what is the deal? The deal is, that the Quitclaim Deed is an instrument for resolving the issue of title. It has no affect on a prior loan that was signed off on both parties.

Ouch! So, what does that really mean? For divorcing parties, what it means is that it is a good thing to keep in the back of your mind, that for all intents and purposes, there are two ways to take your name off of a joint mortgage with your spouse, or soon to be ex-spouse. 1. Refinancing or 2. Sell the house.

Consult your attorney to ask about the affects of remaining on a loan after the divorce. Ask if, and how, a violation of the MDA (Marital Dissolution Agreement) can be resolved. Ask the big question. Once the damage to my credit has occured, can it be resolved?

And, lastly, hire an RCS-D™ designated REALTOR® to assist you in wading through the information and steps you should take to determine when, or if, the house should be sold.

Divorce Real Estate

Fieldstone Farms Franklin TN Semi-Annual Community Garage Sale

August 29, 2010

It will be here soon, so get ready! The Fieldstone Farms Community Garage Sale is a huge event, attended by many shoppers both local, and from outlying counties (not to mention out of state)!

Scheduled for Saturday, September 18, 2010, it will be here before you know it. Start polishing the goods, don’t forget your Yard Sale Permit , price tags and plenty of energy!

Get your Permit Form Here . You can mail it in, or better yet, go to City Hall in downtown Franklin.

Stop by, you might find a treasure, that long searched for trinket, or special piece for your home.

Soldier Ride is coming through Fieldstone Farms Franklin TN

August 29, 2010

The Wounded Warrior ( Soldier Ride ) is coming to Franklin, TN! Support our Soldiers in Arms! The wounded warrier project provides physical and mental rehabilitation through cycling. Wounded Warrior Project is a nonprofit organization whose mission is to honor and empower wounded warriors.

This year’s Soldier ride is being held in the memory of Father, Husband, and Soldier, Master Sergeant James “Tre” Ponder from Franklin, TN. Tre made the ultimate sacrifice for his Brothers in Arms on a rescue mission in Eastern Afghanistan on June 28, 2005.  He was killed when his MD-47 helicopter was shot down by enemy fire on its way to rescue a Navy SEAL team in distress. Tre was a member of the Army’s 160th Special Operations Aviation Regiment.

The Soldier Ride is on September 25, 2010 and will be coming through Fieldstone Farms in Franklin, TN.   The ride will come through Lexington Parkway and Fieldstone Parkway. Come out and show support for our brave heroes!

Day 13, 365 Things to Do in Williamson County, TN

August 29, 2010

Who says you cannot go “Up”?

Take me away….in my hot air balloon……….. See the area in a whole new way. Located at 6908 Southern Woods Drive, B & L Ballooning is available to take you for a 1 to 1.5 hour hot air balloon ride. Advance reservations are required, so give them a call at 615-834-2042.

There are typically two flights per day, the first at sunrise, and the second about 2 hours before sunset. Bring your camera, both video and still, and enjoy the still quiet high above the land in your hot air balloon adventure!

Ballooning season begins in April and ends December 31. Visit them on the web at B & L Ballooning

Looking to buy or sell a home in Middle TN? Stop by and stay a while: Middle TN Homes 4 You.

Day 12, 365 Things to Do in Williamson County, TN

August 28, 2010

Shhhhh, it’s a secret! Do you like to view nature? Trees? Wildflower Meadows and Ponds? Stop on by at Deerwood Arboretum and Nature Center located at 320 Deerwood Lane in Brentwood, TN (off Johnson’s Chapel Road). This park has a jogging path, bikeway, Nature Center Complex, a small amphitheatre, restrooms and visitor assistance.

With around 2 miles of trails peppered with benches for reflecting, resting, listening or just being, Deerwood borders the Little Harpeth River, and has 69 species of trees all of which are easily identifiable with a tree identification trail guide. Most of the tagged trees are native to TN. Take some time out of your day, and stop to view the trees! Don’t forget your camera, you will probably see some ducks as well.

Looking to buy or sell a home in Middle TN? Stop by and stay a while: Middle TN Homes 4 You.

Day 11, 365 Things to do in Williamson County

August 26, 2010

If you are an outdoor enthusiast, you must absolutely visit REI (Recrecation Equipment, Inc).  REI is heaven for those who hike, bike, camp, fish, kayak, canoe and just about everything else outside.  The staff is great, and you can get lost in the store dreaming about your next outdoor adventure!  You can visit their website to get a taste of what you are in for. Then head on over to the store. REI is located at 261Franklin Road in Brentwood, TN. Heading out to camp? Be sure to print out their camping checklist first.

Looking to buy or sell a home in Middle TN? Stop by and stay a while: Middle TN Homes 4 You.

Day 10, 365 Things to Do in Williamson County

August 25, 2010

The Natchez Trace Parkway is a 444 mile scenic roadway.  Popular with hikers, joggers, cyclists and horseback riders, the trace is a tour through history, beautiful scenery and wildlife habitat.

The famous Natchez Trace Bridge crosses over highway 96 in Franklin, where you can begin your drive. Driving down the Trace, you can stop at various points of interest, visit the website to discover more!

Looking to buy or sell a home?  Divorcing homeowner or thinking about a divorce? Visit Middle Tn Homes .