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What You Need to Know About Your House, Your Home Loan and Taxes if Divorce is in the Picture

Avoid Costly Housing Mistakes During and After a Divorce

Divorce is much like a death in the family. It always forces a lot of difficult decisions. One of the most important decisions can be what to do about the house.

In the midst of the heavy emotional and financial turmoil, what you need most is some non-emotional, straightforward, specific information and answers. Once you know how a divorce affects your home, your mortgage and taxes, critical decisions are easier. Neutral information from a third-party can help you make logical, rather than emotional, decisions.

Often the first decision is who, if either, desires to continue living in the house. Will the familiar surroundings bring you comfort and emotional security, or unpleasant memories? Do you want to minimize change by staying where you are, or sell your home and move to a new place that offers a new start?

Only you can answer those questions, but there will almost certainly be some financial repercussions to your decision process.

  • What can you afford?
  • Can you manage the old house on your new budget?
  • Is refinancing possible?
  • Is it better to sell and buy?
  • How much house can you buy on your new budget?

To help you know what questions you should ask and how to arrive at the right answer for your specific situation, a FREE special report has been prepared by industry experts entitled "Divorce: What You Need to Know About Your House, Your Home Loan and Taxes".

Order this report NOW to find out how to make this difficult situation less stressful.
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Last modified: 03/20/10