What Happens to the House in a Divorce?
The answer to this question is different in every divorce and is often dependent on the spouses’ personal circumstances. In some cases, one spouse will buy out the other and keep the house. In others, it becomes apparent that neither spouse would be able to afford the house alone, so the court will order it to be sold and the profit split between the spouses.
There are other issues that need to be addressed with regard to the marital home. If one spouse bought the house prior to marriage and made the entire down payment with personal funds, we can seek to recover it. If one spouse made considerable improvements to the house, compensation could be awarded for the skill and labor that went into them.
When you hire our firm, we will learn everything there is to know about your home and use that information to build a compelling argument designed to secure the best possible outcome available in your case.
We know how important your home can be to you. We have written an article to help you deal with issues about your home during the divorce process: You’re divorced and now leaving the house: truly, leave it behind.
Contact Our Multi-State Property Division Attorneys
Contact us online or by phone at 855-805-0595 to schedule a confidential intial consutlation today.