Hello y Hola

 

I'm Peter Hudson. I am a licensed real estate agent and REALTOR® in the State of Arizona and I have the special designation as Real Estate Collaboration Specialist - Divorce (RCS-D). This designation means I have specialized training with divorce situations in real estate transactions. 

I specialize in helping and representing couples who plan to divorce avoid expensive and long-lasting mistakes with their family home with compassionate explanations of all possibilities with the marital home.

Although my information will help anyone who is planning to divorce, my information will be particularly helpful to those who are preparing an uncontested divorce (as much as possible - I know, I've been there!) and who are at least being amicable in the decision. 

Remember, Arizona is a Community Property State. You can read more about this at this link:   Community Property State Explained 

Look around and if I can answer any real estate related questions for you please reach out. 

Thank you

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The Quitclaim Deed Nightmare

Some people think if they sign a Quitclaim Deed to the family home this also releases them from any responsibility of the mortgage – it does not!  

When you sign a Quitclaim Deed you are signing away any legal rights you have to the property, but the mortgage company could care less that you signed the Quitclaim Deed – they still want their money – from you, from your former spouse or both!

Don’t get caught in the Quitclaim Deed Nightmare!

The Quitclaim Deed Nightmare, Mortgage, and Foreclosure

If you sign a Quitclaim Deed on your spousal house you are signing away any legal rights you have to the house.  

After the divorce, if your former spouse is unable to continue making the mortgage payments the house may go into foreclosure. If this happens there will be nothing you can do about it because you signed away your legal rights to make any decisions on the property – you signed a Quitclaim Deed.

This can begin the process of the Quitclaim Deed Nightmare. 

Late Payments – Damaged Credit

You may have signed a Quitclaim Deed but you’re still on the hook for the mortgage! The first month your former spouse is late with a house payment both of your FICO scores will take a hit of approximately 100 points.

If the house goes into foreclosure, both of your credit ratings will be destroyed for years to come.

Neither of you will be able to buy another house for 7-10 years.

Additional Reading, Click the Links Below: 

Removing Your Name from a Joint Mortgage and Liens Stay With the House – Debt Follows the Person

Contact Us - Click Here

What I Do:

I specialize in helping couples who plan to divorce avoid making expensive and long-lasting mistakes with their marital home.

Although my information can help anyone who plans to divorce, it is best suited for those who are not contesting the divorce (too much) and are as amicable as possible. 

How Do I Do This?

I do this by helping people completely understand all of their options with the marital home including keeping the home, selling the home, and explaining why house due diligence, updated credit reports, and title searches can be beneficial.

I explain to our clients how their decisions with respect to the home can impact their quality of life for many years to come.

I explain to our clients how they need to prevent credit damage and preserve their ability to buy a home in the future.  

With the information I can provide, divorcing couples can make better decisions and perhaps avoid making expensive and long-lasting mistakes.

I can also introduce the couple to other professionals, such as mortgage counselors and title search professionals. 

 

For Attorneys and Mediators - How I Can Assist Your Clients Make the Best Decisions for Them?

In my real estate business, I explain to our client's many details about their joint home purchase and what they should consider regarding the family home before filing for divorce, during the divorce, and their life after the divorce (and how it relates to the marital home.)

The couples who can benefit the most from my services are those who are considering an uncontested divorce and/or who are willing to discuss these matters as amicably as possible.

If the couple has the attitude that they are going to take the other one for all they have we are not a good match.

 

I Do Not Take Sides

I'm often asked by clients who are heading for divorce 'whose side are you on?'  They are usually surprised to hear that I'm on the side of both. I want the couple to make the best choices for both, and make the best decisions for their futures because there is a light at the end of the tunnel.  I know, I have been there!

 

Why Do I Do This?

I do this in the interest of helping my clients protect their credit ratings and to preserve their future homeownership capabilities. 

If the couple decides to sell the marital home I hope that the information I shared has been helpful and they will consider me for the listing of the house.

Less Than 1%

Less than 1% of all real estate agents have the Real Estate Collaboration Specialist - Divorce (RCS-D) designation. Agents without this designation could just be guessing how to advise you through this difficult time, we'll give you the facts that only professionals with our specialized training can provide.