Q: My wife and I are building t home. We are doing it ourselves. We are probably 2/3 done. The property was paid for clear
Before we started. We should have equity. Any how I am going to file for divorce. I don't know how to handle the house. Neither one of us can afford to keep it by ourselves so we will have to sell it. What kind of a mess is this going to be?
A: Unfortunately, it is quite common that marital homes must be sold when a divorce occurs. Agreements can be drafted that specify the details of how the house will be sold and how any proceeds will be divided. Of course, divorces where the parties are amicable are less of a "mess" than divorces that are very contentious. You should set up a consultation with an attorney in your county to discuss the specifics of the process and the agreement to divide your assets and debts.
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