Divorce

Things You Need to Know About Your House - Mortgage - Taxes

"Once you know how a divorce affects your home, mortgage and taxes critical decisions are easier. There are 4 Options when in the midst of a divorce."

1. Sell the House Now and Divide Up the Proceeds

Your primary consideration under these circumstances is to maximize your home’s selling price. We can help you avoid the common mistakes most homeowners make which compromise this outcome. As you work to get your financial affairs in order, make sure you understand what your net proceeds will be - i.e. after selling expenses, and after determining what your split of the proceeds will be. Note that the split may not be 50/50, but rather may depend on the divorce settlement, the source of the original down payment, and the legislative property laws in your area.

For the full list of things you need to know about your house, mortgage, and taxes in divorce fill out the form below and we will be happy to email it to you.

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