Presented by Ida S. Reis, CMPS®, Senior Loan Officer, NMLS# 195307

Mortgages & Real Estate: Relying on yesterday’s knowledge of the mortgage industry during these unprecedented times can create unrealistic expectations when making decisions about the marital home or other real estate. The pandemic has had an enormous effect on interest rates, income qualifications and credit.  The self-employed client may have had business interruptions, the salaried client may have been furloughed, and the hourly client may have had hours reduced, etc. These changes would require careful attention to setting parameters for buyout timelines, buyout terms, receipt of buyout funds to purchase another home and more. In addition, the real estate market is very fast moving and there is a learning curve for a new client who suddenly must sell a home or purchase a home. Learn about how you can protect your client through these unprecedented times.
https://collaborativepracticehc.com/profile/ida-s-reis/

Presented by Gretchen Conley, Realtor®, Long & Foster, CRS®

The Pandemic & 2020 Real Estate: 2020 was already a seller’s market, before the pandemic arrived.  In November, Buyers and Sellers are still both dealing with tight inventory and high competition.  Divorcing and having to make a move only increases the pressure for the parties entering a market already on fire.  There are ways to make buyers’ offers as attractive as possible, and to do everything necessary to have sellers’ homes appraise as high as possible, so that the parties can move on with the rest of their lives.
https://collaborativepracticehc.com/profile/gretchen-conley/

Presented by Amanda N. Campbell, CFP®, CDFA™, AAMS®, AIF®, Senior Advisor

Financial Markets: As your clients look to purchase or refinance a home, it is more important now, than ever, to ensure they have adequate cash reserves. During these volatile and unprecedented times, the importance of having a nest egg in cash that will be there for your clients in a time of need can’t be stressed enough. It is equally as important to remain invested and remember that volatility in the market is to be expected. We must remind clients, and ourselves, to remain calm during these times of uncertainty in the market and to focus on the short- and long- term financial plans that they are working towards. I’ll help to answer how we can help clients make smart financial decisions that will serve them well immediately after divorce during a time of market uncertainty and volatility, while still empowering them financially for the future.
https://collaborativepracticehc.com/profile/amanda-n-campbell/