Listed By Debbie Murray Sold By Debbie Murray. Debbie Murray is a Texas Associate Broker with Allie Beth Allman & Associates with 25 years of residential experience. She is a corporate relocation expert, a pro athlete relocation agent, a Certified Divorce Real Estate Expert, a Master Certified Negotiation Expert, a Certified Luxury Home Marketing Expert, a Certified International Property Specialist, and she has a BBA in Marketing from the University of Texas. Contact her to today for your real estate needs in the Dallas area at 214-558-1004.
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May Divorcing Spouses Use A Lender’s Appraisal For Settlement Purposes
May Divorcing Spouses Use A Lender’s Appraisal For Settlement Purposes?
The answer to that question is no. Per the Uniform Standards of Professional Appraisal Practice (USPAP), an appraisal is ordered for an “intended user” with an “intended use”. For example, when you buy a home and obtain a mortgage, the lender is the intended user and mortgaging financing is the intended use.
Divorcing couples may not use a recent lender’s appraisal for settlement purposes. If an appraisal is necessary, a new one would be required.
Debbie Murray is a Certified Divorce Real Estate Expert, and she understands the nuances of selling divorce listings, and the importance of working with a divorce lending professional. Divorce can be a difficult transition. Call a neutral, unbiased CDRE like Debbie Murray at Allie Beth Allman & Associates today at 214-558-1004.
Debbie Murray Dallas TX Earns Certified Divorce Real Estate Expert Designation
Debbie Murray Dallas TX Earns Certified Divorce Real Estate Expert Designation.
Per the Ilumni Institute, a Certified Divorce Real Estate Expert (CDRE™) is an emerging expert in the field of family law
who is specifically trained to support the real estate needs in a case. Guided by experience, training, and the CDRE Code of Ethics, the effectiveness of CDREs is felt throughout the system:
• Conflict is mitigated
• Judicial economy is promoted
• Lawyers are prepared and informed
• Clients are represented by a trained neutral
To become a CDRE, an experienced REALTOR® must pass The Ilumni Institute’s rigorous months long certification program. This program is application-only, and is taught by a faculty of family law attorneys, mediators, certified mortgage professionals, and real estate experts, with judicial officers as guest speakers.
CDREs offer three main services to the family law community and their clients:
1. Education: Real estate is in constant flux, and the state of the real estate market and trends
impact how cases are handled. Your CDRE will consistently provide you with:
• Real estate market data and trends
• Lessons from cases that everyone can learn from
• Nuances of the real estate / divorce crossover
2. Resources: Every case with real property will need information. A CDRE can be your one
resource for all things real estate, including:
• Title documents: legal descriptions, deeds, property profiles
• Values: sight unseen and full reports, supported by expert testimony
• Challenges: foreclosures, equity buy-out questions, liens, creative settlement structures
3. Divorce Listings: The listing of a house in a divorce case presents many challenges that
CDREs are trained to handle, including:
• Mutual agreement on pricing, offers, showings, terms
• Sale sabotage
• Court orders and proceeds distribution
Contact Texas Associate Broker and CDRE Debbie Murray at Allie Beth Allman & Associates today to sell your home at 214-558-1004.