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Crunching the numbersby Firmbee.com
Property Division
Questions

What kind of language should be in the decree regarding the house or mortgage?

Your decree should clearly outline who is responsible for the mortgage, timelines for refinancing or sale, how proceeds will be divided, and what happens if deadlines aren’t met. Real estate and mortgage professionals can help draft this language to ensure it’s both practical and acceptable to lenders.

Need More Details
Resource

Divorce Professionals Overview

Learn about all the other professionals, besides a lawyer, who may be able to support you in divorce.

Resource

Post Real Estate

Learn the steps, considerations and potential challenges with transferring or handling real estate after a divorce is final.

Resource

Real Estate

Walk through various considerations when valuing, dividing or buying out equity in real estate.

Still Have Questions
What happens if I can’t refinance the mortgage like the decree says I should?
What happens if one spouse wants to keep the home but can't qualify for a mortgage on their own?
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