Yes. A home equity line of credit on the marital home does not prevent a sale, and it’s one of the more routine parts of closing, even in a divorce. The remaining balance is paid off directly from the sale proceeds, the same way a first mortgage is paid off, before either spouse receives their
Can You Sell a House With a HELOC During Divorce? Read More »
Dividing a house in a divorce raises a practical question that often gets overlooked until escrow or the assessor’s office brings it up: will moving the property from joint names into one spouse’s name cause the property taxes to increase? For most divorcing couples in California, the answer is no. The state has a specific
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If your property sits in the 90001 ZIP code, your mailing address probably says Los Angeles, but your property is actually inside Florence-Firestone, an unincorporated community governed directly by Los Angeles County rather than the city. That distinction matters when you are weighing a sale, since it changes which office handles permits, code violations, and
Selling a Property in the 90001 ZIP Code (Florence-Firestone) Read More »
