Aloha. The listing and sale of a marital home while a Temporary Restraining Order (TRO) is in place against one of the sellers and in favor of the other creates some significant challenges. From a real estate perspective, here are the primary challenges we face and how your guidance on the front end can be …
Sometimes holding on to the family home after a divorce is the right thing to do. Here are some points to consider when drafting an agreement allowing the divorcing parties to remain as co-owners following their divorce.
Navigating real estate transactions can be complex, and the importance of title policies and escrow services cannot be overstated. Many attorneys chose to prepare quit claim deeds and forego escrow and title services when dealing with divorce property divisions. While appraisals should flag open permits and recorded liens, they will not identify issues with title. …
The Hawaii Real Property Tax Act, HRS 235-68, (HARPTA), is a state law requiring buyers who purchase Hawaii real estate from a non-resident person to withhold 7.25% of the gross sales price and remit it directly to the Hawaii Department of Taxation at closing. This is not a new tax, but a pre-payment mechanism designed …
Selling a home during a divorce can be tough, especially when the sellers have different goals. Realtors often struggle to meet the needs of everyone involved while doing their job properly. This “easier path” can lead to less-than-ideal results, where one seller’s wishes may jeopardize the whole deal. It’s important to recognize the difference between …
Divorcing sellers sometimes fail to appreciate the importance of pricing a property properly. Of course, we all want to net as much as possible from a sale, and this is frequently especially important for divorcing clients. But the truth is that sellers will frequently net more if they start out with a realistic, rather than …
Aloha. The listing and sale of a marital home while a Temporary Restraining Order (TRO) is in place against one of the sellers and in favor of the other creates some significant challenges. From a real estate perspective, here are the primary challenges we face and how your guidance on the front end can be …
Sometimes holding on to the family home after a divorce is the right thing to do. Here are some points to consider when drafting an agreement allowing the divorcing parties to remain as co-owners following their divorce.
Divorcing sellers sometimes fail to appreciate the importance of pricing a property properly. Of course, we all want to net as much as possible from a sale, and this is frequently especially important for divorcing clients. But the truth is that sellers will frequently net more if they start out with a realistic, rather than …
Navigating real estate transactions can be complex, and the importance of title policies and escrow services cannot be overstated. Many attorneys chose to prepare quit claim deeds and forego escrow and title services when dealing with divorce property divisions. While appraisals should flag open permits and recorded liens, they will not identify issues with title. …
The Hawaii Real Property Tax Act, HRS 235-68, (HARPTA), is a state law requiring buyers who purchase Hawaii real estate from a non-resident person to withhold 7.25% of the gross sales price and remit it directly to the Hawaii Department of Taxation at closing. This is not a new tax, but a pre-payment mechanism designed …
Selling a home during a divorce can be tough, especially when the sellers have different goals. Realtors often struggle to meet the needs of everyone involved while doing their job properly. This “easier path” can lead to less-than-ideal results, where one seller’s wishes may jeopardize the whole deal. It’s important to recognize the difference between …
