Financial Strategies and Housing Solutions During Divorce with Jesse Coody
Jamie M. Lima and Jesse Coody discuss financial challenges and personal experiences during divorce, emphasizing the importance of collaboration with financial advisors and realtors. They present a case study illustrating effective strategies. The episode covers managing credit scores and making informed housing decisions post-divorce. Jesse Coody explains owner financing, detailing its legal aspects and security considerations. The conversation includes financial planning, budgeting, and the potential of unconventional lending options during divorce.
Key Points
- Creative financing solutions can help divorced individuals secure homeownership even if traditional lending is not an option.
- It's crucial to avoid making significant financial decisions immediately after a divorce to ensure you are in the right frame of mind.
- Owner financing can offer flexibility and accessibility for those with non-traditional income sources or impacted credit scores, but must be handled through formal processes to mitigate risks.
Visit Jesse Coody's links to explore more of his work:
https://www.facebook.com/coodyandco https://www.instagram.com/coodyandcofinancing/ https://www.linkedin.com/in/jesse-coody/ https://coodyandco.com/
Jesse Coody is the founder and CEO of Coody & Co. Financing, a company dedicated to offering creative financing solutions for aspiring homeowners often overlooked by traditional lenders.
With years of experience as a real estate investor and landlord, Jesse launched Coody & Co. to help self-employed professionals, foreign nationals, and those with limited credit achieve homeownership. His faith-led, family-run business is built on the values of resilience, family, and the belief that everyone deserves the opportunity to own a home.
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Chapters
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Transcript
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