Q: Is it true that I will have to sell my house if I purchased it before marriage, I’ve paid the mortgage for 15 years
Is it true that I will have to sell my house if I purchased it before marriage, I’ve paid the mortgage for 15 years with no help , I added him to my deed upon getting married , we have a child that’s in college… can I keep my property?
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- Georgia
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A: It is not a foregone conclusion that you will have to sell your house. Refinancing may be an option, or an exchange of other marital assets in lieu of accumulated equity. You need to speak to an attorney who will be able to look at exact numbers so they can give you specific advice.
A: This really depends on the facts of the case. We couldn’t say for sure here what would happen. The part that would be considered marital asset (during the marriage) would be subject to sharing. You should consult with an attorney who can help you with your case.
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