Orange County Real Estate Blog

Straight answers from Dar Mardan, Realtor® + CPA, on selling, buying, taxes, Prop 19 and downsizing in Newport Beach, Irvine and across Orange County.

  • Refinancing and Retitling the House After Divorce in Orange County,Dar Mardan

    Refinancing and Retitling the House After Divorce in Orange County

    If I keep the house in an Orange County divorce, how do I get my ex off the mortgage and the title? Two separate steps, usually completed together in 1 escrow. The mortgage is changed by refinancing into a loan in your name alone, which releases your ex from the debt. The title is changed by recordi

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  • Selling Your Newport Beach Home After Divorce: The Tax Side,Dar Mardan

    Selling Your Newport Beach Home After Divorce: The Tax Side

    Do both spouses pay tax when they sell a Newport Beach home after divorce? Each spouse can usually exclude up to $250,000 of gain on the sale of a principal residence, or up to $500,000 together if they are still married and file jointly for the year of the sale. On a longtime Newport Beach home, th

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  • How Do Personal Life Changes Affect Real Estate Decisions in Newport Beach?,Dar Mardan

    How Do Personal Life Changes Affect Real Estate Decisions in Newport Beach?

    Major life events, divorce, a new baby, retirement, or inheritance, are among the most common reasons homeowners in Newport Beach and Orange County buy, sell, or restructure their real estate. Each milestone carries its own timeline, financial stakes, and planning needs in a market where average hom

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