With today’s interest rates and the low inventory of available housing, buying a new home isn’t nearly as “do-able” today as it was a few years ago. Homes are being sold before they’re technically even on the market. Bidding wars are common.Couples now find themselves facing hard decisions about how they’ll both be able to find housing post-divorce. This is particularly a problem when a couple wants to live in a certain school district for their kids, or when they are trying to buy a home for one of them that’s close to the house they currently have.Phillip LaGiglia, the Senior Vice President at North Shore Savings, who has been through his own difficult divorce, has a passion for guiding divorcing homeowners towards financial stability, especially for families with children. As a seasoned mortgage professional, Phil knows how important it is to get mortgage professionals involved early in the divorce process. Too often, divorcing couples make agreements about the house before they know whether the agreements they’ve made are financially feasible or not. They can also get caught in a bind when they need the money from the sale of their marital home in order to buy a new home.To eliminate this problem, Phil's company has pioneered an innovative "Buy Now, Sell Later" loan program that allows divorcing homeowners to purchase a new property without first having to sell their current home - removing a major financial stumbling block in their divorce.This podcast episode can provide a wealth of information for divorcing couples (especially divorcing parents) who are – and want to continue to be – homeowners. About PhilipPhilip LaGiglia is a seasoned executive who for the last 30+ years has successfully built from start up, grew, and stabilized numerous mortgage lending platforms within the mortgage and banking industries. Phil promotes within his management style a culture that focuses on Faith, Family, and Business being the order of priority for each employee to support a balanced life style that breeds overall success for all staff members in every aspect of life. A firm believer in identifying purpose and applying a plan around that purpose, Phil is a driven leader who leads by example knowing any success is achieved by the efforts of all.Connect with PhilipYou can connect with Philip on LinkedIn at Philip LaGiglia and at Oak Leaf Community Mortgage. Also on Facebook at Philip LaGiglia and Oak Leaf Community Mortgage. To learn more about the services Philip offers visit Oak Leaf Community Mortgage. To contact Philip directly visit Connect with Phil or call 630-936-3245.Karen Covy is a Divorce Coach and Consultant, Lawyer, Author, and Speaker who is dedicated to helping people make the best decisions possible for themselves, their families, and their future - especially in stressful times. You can check out Karen's videos on YouTube.You can connect with Karen on LinkedIn, Facebook, Instagram, Twitter, and on her own website at karencovy.com.

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“What did the council decide on item 42?” — answered with the speaker and the moment.