Q: Hi! I am going through a divorce. My parents and I bought our house before husband and I married. How is it divided?
When we first bought the house (my parents and I) the deed/title was in all 3 names and the mortgage was just in their name. I refinanced while we were married but the mortgage is in my name only (and the deed/title is, too).
A: If you purchased the property pre marriage then only the increase in value during marriage potentially becomes marital property.
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