Should You Keep the House After Divorce?

Your home is more than a house. It is a place full of memories – both good and bad. You may be looking back on holidays, family dinners, or even scribbles your child drew on the wall or a growth chart on the closet door. However, you may also have memories of fights with your spouse or of evenings spent wondering whether divorce is the right move. On the one hand, keeping your home can give your kids stability after the divorce. It may be the only home they have ever known. On the other hand, a fresh start might be best. If you’re not sure whether to keep the house after divorce, consider the factors below. The emotional implications of keeping your home are important, but there are also financial considerations. You’ll need to know the value of your home and any hidden costs before decide to keep or sell the house. Here are some things to consider: The Value of Your Home It is often beneficial to get a certified appraisal. How much equity do you have in your…

Read more detail on Recent Family Law posts –

This entry was posted in Divorce Law and tagged , , , . Bookmark the permalink.

Leave a Reply