While the familial home may have sentimental value, from a financial standpoint, keeping the house is sometimes the wrong decision in a divorce. From payments that are too high to handle on a single income to buying out the other spouse's interest, keeping the home may create several challenges that some individuals are best off avoiding. Understanding these challenges will help divorcing parties make informed decisions in the divorce process. Payments Can Be too High One reason for keeping … [Read more...]
Why You May Not Want to Keep the House in Your Divorce
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