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House Matters in Divorce : Untangling the Legal, Financial and Emotional Ties Before You Sign on the
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In divorce, deciding what to do with the house can become a source of strife, confusion, and financial ruin. Most are unprepared for the legal and financial ramifications about keeping or selling their home—their most important financial asset.
Divorce is stressful enough by itself. In the midst of other traumas, many divorcing people discover that they aren’t just married to a spouse—they’re married to a house and a mortgage, too. Their most financially and emotionally important asset can become a source of strife, confusion, anxiety—and all too often, financial ruin.
As they discover, it’s not enough to divorce their former partner; they must divorce the house—a treacherous process, fraught with risks and unexpected challenges. Navigating it successfully requires expert help—and the kind of practical information provided in this book. Few people fully understand the complexities of real estate transactions, let alone their long-term ramifications. These matters take on even greater weight when they occur in the context of a wrenching, perhaps acrimonious breakup.
Divorcing the House is a comprehensive guide written by an expert in divorce real estate that addresses all these issues, from the emotional impact to the dollars-and-cents details. It provides a framework of knowledge that will empower divorcing spouses to emerge financially sound and prepared for the future.
The result is a well-rounded view of what divorcing partners can expect, and concrete advice on how to manage the process.
Laurel Starks lives with her husband and two boys in Rancho Cucamonga, California.