Should I Keep the House in Our Divorce?

Many divorce clients in San Diego struggle with the decision of whether to keep their home during a divorce. With all the life changes inherently involved in a marital dissolution, many people prefer to hold on to the family home because it is a source of comfort. This is especially so when there are children involved and parents do not want to further disturb the norm. Staying in the home will allow children to stay in their current schools and continue their existing relationships with friends and neighbors in the community. While this may be the decision that seems right emotionally, there are several considerations to determine whether this decision is financially sound.

1) Can I Afford the Home?

The first question to ask is whether the home fits into your budget. When you are married, the family income works to support one household. Upon divorce, that...

Law Offices of Tess Reutzel