Divorce & Mortgage: Who Really Owns the Home in a Divorce?

When it comes to divorce and homeownership, it's important to understand property division laws in your state and the fact that homes are considered marital assets. One option is for one spouse to buy out the other's share, but this can be complicated and may involve obtaining an appraisal. Alternatively, couples can sell the home and divide the proceeds or come to an agreement on their own about who gets to keep it. Working with a mortgage specialist can help make the process of dividing assets and handling a mortgage during a divorce go more smoothly.

This is just a small section of the whole video. If you'd like more information, here's a link to the full video: https://youtu.be/Jdazc5CMuaM

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Are you currently in or anticipating a divorce and own a home? You will want to speak with a mortgage trained divorce specialist well before agreeing to anything in court.

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