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The Effects of Milwaukee’s Divorce and Foreclosure issues

Homeowners that end up in divorce that also could


MIlwaukee, WI, USA – WEBWIRE

There are several reasons a homeowner can be facing foreclosure. Financial reasons being the the main culprit. But one of those reason that lead to financial bumps in the road is divorce. When a couple divorces one spouse is usually left the sole responsible party in charge of paying the mortgage. When you go from a two income family down to a one income family, this can put a financial hardship on the responsible spouse, causing late payments, then missed payments. Missed payments leads to foreclosure.
 
Trey Brown and his company Brown House Buyers are amongst a group of “We Buy Houses” companies that are helping homeowners hit with foreclosures. The company’s slogan: “Sell My House Fast Milwaukee” is ringing throughout the city, as they have thousands of mail pieces being sent out weekly and yard signs on intersections around the county.  The company specializes in helping distressed homeowners buy purchasing their property, usually all cash offer, and saving the owner from the negative effects of having a foreclosed home.
 
Foreclosure due to divorce can impact both spouses equally, with the exception of one spouse in particular being the sole representative on the deed and the home loan separately without the other spouse. Financial issues are usually the number one reason for divorce. A Foreclosure can lead to a divorce or be the end result of one. “Arguments about money is by far the top predictor of divorce,” said Sonya Britt, a researcher who studied the issue. “It’s not children, sex, in-laws or anything else. It’s money, for both men and women.”
 
Divorce can be tricky and emotionally draining. Kids can be involved, businesses, bank accounts but most importantly the home. Losing your home to foreclosure can have a huge hit on your credit. That’s why it is important to find a professional house buyer and see what they can do for you. But how do you find them? Simple, just drive around and you are bound to find signs that say:  “We Buy Houses Milwaukee” or “Sell My House Fast Milwaukee” on any busy intersection. If not, try googling those phrases and a ton of companies will pop up.
 
“For couples who find themselves going through a divorce process, house buying companies like mine offer a fresh start,” says Brown House Buyers president, Trey Brown. “Divorce can be expensive for both sides, selling the home is a great way to avoid the pitfall that may come down the road but also helps recoup some of the losses from the divorce process.” 
 
Trey Brown represents an experienced team of real estate investors. They pay all cash and close quick. For more information on how it can benefit you by working with his team at Brown House Buyers, visit: www.BrownHouseBuyers.com


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