Dayton Ohio Real Estate and Mortgages Information

Dayton Ohio Real Estate and Your Divorce

What Options do I have for my real estate?

• Have one of the divorcing parties keep the real estate and pay the existing mortgage.
  
• Have the divorcing party keeping the real estate refinance the mortgage into only their name.
• Sell your Dayton Ohio area Real Estate.
• There may be other options but these are the most common.

Lets talk pros and cons for your real estate¦

Well if one party keeps the home in the divorce and plans to pay the existing mortgage there are many risks.  It does not matter at all what the divorce decree says about who is to pay the mortgage IF you both signed the original mortgage to purchase or refinance the Dayton Ohio area real estate.  If that is the case then the bank has a legal document saying that you both are responsible for paying the mortgage or they can foreclose and/or collect from EITHER of you..

This is by far the mistake I see divorcing couples make the most ofter.  All good intentions aside, things happen and if the spouse keeping the real estate in the divorce for any reason stops paying BOTH parties will have a negative impact on their credit reports. 

What should happen to the real estate?  Well if it were me I would require the party keeping the real estate, be it in Dayton area or anywhere in the state of Ohio, refinance the mortgage into their name.  Then once the divorce was final quit claim deed the real estate over to the other party.

What about Selling my House in Divorce? 

Read more »

As always, thanks for reading and please feel free to contact us with any questions at 937-353-4600 or Mark@MarkRyanGroup.com

Mark Ryan | Keller Williams Advantage / Mark Ryan Group, LLC | 937-353-4600 2008 Speice Ave, Dayton, OH Dayton Ohio Short Sale, pre Foreclosure… Great buy in Dayton Ohio real estate. 4 Bdrm Single Family House   offered at $70,000 Year Built 1952 Sq Footage 990 Bedrooms 4 Bathrooms 1 full, 0 partial Floors 2 Parking 2 Uncovered spaces Lot Size 6,791 sqft HOA/Maint $0 per month DESCRIPTION This Dayton Ohio house for sale has a finished 2nd level. It needs some TLC, including paint, new carpet and some drywall repair but the roof is new, kitchen cabinets are newer and there are newer windows. All of the big expense stuff is taken care of. It has a patio off of the back and a storage shed. The county has it at 990 square feet but that does not include the upper level bedrooms. It is a pre-foreclosure / short sale and represents a great deal for Dayton Ohio real estate.   see additional photos below PROPERTY FEATURES Central A/C Central heat Dining room ADDITIONAL PHOTOS Seller contact info: Mark Ryan Keller Williams Advantage / Mark Ryan Group, LLC 937-353-4600 For sale by agent/broker Equal Opportunity Housing Posted: Apr 14, 2008, 8:11pm PDT

As always, thanks for reading and please feel free to contact us with any questions at 937-353-4600 or Mark@MarkRyanGroup.com

Mark Ryan | Keller Williams Advantage / Mark Ryan Group, LLC | 937-353-4600 5326 Abby Loop Way, Dayton, OH Price Reduced! Great Dayton Ohio home for sale. Looking for Dayton Ohio Real Estate??? You found the right spot…Search all homes for sale in Dayton 4 Bdrm Single Family House   offered at $155,000 Year Built 2005 Sq Footage Unspecified Bedrooms 4 Bathrooms 2 full, 1 partial Floors 2 Parking 2 Car garage Lot Size Unspecified HOA/Maint $0 per month DESCRIPTION $30,000 PRICE REDUCTION!!!! PRE-FORECLOSURE / Short SALE!!! Beautiful open floor plan with stunning columns, 9ft ceilings and great room with gas fire place really make this Dayton Ohio home for sale is perfect. The kitchen with 42in cabinets, island and all appliances is open to the rest of the home so you are always able to be a part of the action. The back yard has a new vinyl privacy fence and backs up to the cul-de-sac. You are sure to enjoy relaxing evenings or days full of fun in this great private back yard! You will love the size of all the bed rooms but the master bedroom is truly something… Large, vaulted ceiling with fan… The upgraded bath has a vaulted ceiling, luxury soaking bath with large window adjacent to the large separate shower. As if that were not enough… The full basement has been professionally finished with a very large space perfect for many uses from media room to play area or office… Don’t wait, Call Now to schedule a showing! Great Dayton Ohio real estate buy!   see additional photos below PROPERTY FEATURES Central A/C Central heat Fireplace High/Vaulted ceiling Walk-in closet Dining room Dishwasher Refrigerator Stove/Oven Basement Yard   ADDITIONAL PHOTOS Seller contact info: Mark Ryan Keller Williams Advantage / Mark Ryan Group, LLC 937-353-4600 For sale by agent/broker Equal Opportunity Housing Posted: Apr 14, 2008, 7:44pm PDT

As always, thanks for reading and please feel free to contact us with any questions at 937-353-4600 or Mark@MarkRyanGroup.com

Mark Ryan | Keller Williams Advantage / Mark Ryan Group, LLC | mark@markryangroup.com | 937-353-4600 7870 Lockport Blvd, Centerville, Ohio Huge price reduction!!!Perfect home with secluded back yard and hot tub¦ Great Centerville Ohio real estate neighborhood! 3 Bdrm Single Family House   offered at $189,000 Year Built 1978 Sq Footage 2,170 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size Unspecified HOA/Maint $0 per month DESCRIPTION This Centerville Ohio home for sale is  Pottery Barn perfect. As you enter the open space will amaze you. The kitchen is updated w/ tile floors, butcher block island, new light fixtures, modern cabinets & tile counter tops. There is a sliding glass door leading out onto the large 2 tiered deck complete with hot tub. The layout is great for entertaining as it flows from the house onto the deck area. There is a cozy brick fireplace in the great room. The master bedroom is very large w/ 3 closets, wood burning stove, office area & is on the first floor. The extra space in the master can be used for a study, reading nook or nursery. The other 2 bedrooms are large. There are 2 full bathrooms one upstairs & one downstairs; they are newly updated with clean neutral tones & light fixtures. The backyard is complete w/ a privacy fence, easy to maintain flower beds w/ perennials, hot tub, 2 tiered deck area & a hammock, it is truley an oasis. Youll love this home from the inside out it is one of a kind.   see additional photos below PROPERTY FEATURES Central A/C Central heat Fireplace Office/Den Dishwasher Stove/Oven Microwave Attic Yard Jacuzzi/Whirlpool     ADDITIONAL PHOTOS Seller contact info: Mark Ryan Keller Williams Advantage / Mark Ryan Group, LLC mark@markryangroup.com 937-353-4600 For sale by agent/broker Equal Opportunity Housing Posted: Apr 14, 2008, 6:47pm PDT

As always, thanks for reading and please feel free to contact us with any questions at 937-353-4600 or Mark@MarkRyanGroup.com