Denver, CO asked in Divorce for Colorado

Q: How do I get money from getting ,1/2 the house

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2 Lawyer Answers
Answered
  • Fort Collins, CO
  • Licensed in Colorado

A: Where are you in the divorce process (negotiations, post decree, etc.)?

If you have a decree you can seek court enforcement of the decree.

Try resubmitting with a little more information.

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Answered
  • Greenwood Village, CO
  • Licensed in Colorado

A: More information is needed to answer your question. In any divorce, there are three options tied into a home.

1) The parties agree or the court orders that the house is sold, with the net proceeds being split, which will generally be equally.

2) Husband keeps house and pays wife her equity, either through refinance and pulling out proceeds or offsetting with other assets.

3) Wife keeps house and pays husband his equity, either through refinance and pulling out proceeds or offsetting with other assets.

If house is jointly titled, the party keeping the house should be required to refinance or otherwise remove the other party from the financing within a reasonable time after decree enters. You should consult with a family law attorney.

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