What You Need to Know with Appraisals and Mortgages going through a Divorce

What happens to your home appraisal and mortgage during a divorce? Whether you're selling your home, refinancing, or considering keeping the property, understanding how lenders and appraisers evaluate real estate can help you make informed financial decisions. In this episode of Talkin' Divorce, hosts Donald Schweitzer, Certified Family Law Specialist, and Lori McShane, Certified Divorce Specialist® and REALTOR®, welcome professional appraiser Glenn Kangas and mortgage expert Michael Harris to discuss the important role appraisals and financing play in real estate decisions during divorce. In this episode, we discuss: How appraisers determine a home's market value using comparable properties Why nearby home sales aren't always accurate comparables What mortgage lenders evaluate when qualifying borrowers Why lenders sometimes deliver difficult financial news How communication between appraisers, lenders, and clients can help prevent financing complications Why understanding your home's value and mortgage options matters during divorce Whether you're beginning the divorce process, evaluating your real estate options, or preparing to purchase a home after divorce, this conversation offers valuable insight into the financial side of homeownership. 📍 Serving Pasadena, the San Gabriel Valley, and surrounding Southern California communities. Subscribe to Talkin' Divorce for conversations with legal, financial, and real estate professionals helping you navigate divorce with greater knowledge and confidence. Navigating divorce comes with emotional, legal, and financial decisions—and you don’t have to figure it out alone. On Talkin Divorce with Don & Lori, we bring together trusted professionals to help you better understand your options so you can move forward with more confidence and clarity. If you’re thinking about your next step and want guidance specific to your situation, you can schedule a private Strategy Session here: 👉 https://sellingwithlori.com/nextstep/ ⚠️ This content is for educational purposes only and does not constitute legal or financial advice. Viewing this does not create an attorney-client relationship.