How Does Spousal Support Affect San Diego Real Estate?

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Today, I’m here with a special guest, Meredith Lewis, a great attorney with her own practice. We’re going to discuss spousal support and how spousal support is determined.

In California, there are two types of spousal support. In the initial part of a divorce case, you can get temporary spousal support. If you’re in mediation, negotiation, or going to court, the parties or the judge will look at a program called Dissomaster. There, you enter information about the party’s income and certain deductions, like property tax and mortgage insurance. The purpose of temporary support is essentially to get the parties through the divorce case.

 

Permanent spousal support is determined in a completely different way. There is a family code that sets forth different factors, which include anything from the length of the marriage to the age and health of the parties. There’s about  fifteen different factors for the parties or court to examine in mediation.

In some instances, spousal support can be allocated as income for a certain period of time. When that happens, that income can qualify you for a mortgage. If you’re trying to refinance or purchase a home, that income can be very helpful. Talk to your attorney or a certified divorce real estate professional.

If you have any questions for Meredith, you can contact her at lwsfamilylaw.com or  (858)-260-5228. As always, if you have any divorce real estate questions, give us a call or send us an email. We would be happy to help you!

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