What happens to a house in a divorce? All your questions answered.
The wedding bells rang, you carefully sifted through the options, and finally, when you had found the perfect one, you put down payment on your first house together. You made memories in it; perhaps children too, but now, the time has come to say goodbye to that life as you both know it.
Nobody really plans to get divorced; however, things happen, and people change sometimes. Now that the ball has been set in motion, you may be wondering what happens to a house in a divorce.
Who gets the house in a divorce?
Regardless of whose name appears on the deed, a house is considered “marital property,” thus, in a divorce settlement, both spouses are expected to either agree on who gets to keep the property or to mutually benefit from the liquidation of the property.
It is however worthy to note that the value derived, in such cases, will be divided equitably and not equally, which means that you may get more than your partner or in other cases, they might get more than you.
A fresh start with Tgaz Investments LLC
As we mentioned earlier, nobody really plans to get divorced. You don’t have to spend all your time wondering what happens to a house in a divorce. We understand that you might have made countless memories in that house, and now that all of it is over, the best option for you may be to sell it.
Tgaz Investments LLC is here to give you a fresh start. We will walk with you through the entire process and help you sell your house much faster. This will enable you to complete the process and move on with living your life as quickly as possible. This is also a great way to liquidate shared property on your terms.
If you get on the phone with us today, we will make further arrangements with you, and either pay cash or offer you favorable terms. We don’t need to appraise your house; we will pay full price if it is in good condition and cover all your closing costs which can end up running into thousands of dollars.
Selling your house with Tgaz Investments LLC is the fastest way to be on the path to starting your new life. We help you sell fast, easily, and eliminate all additional costs and cumbersome processes.
Get on the phone with us today at 480-848-7173, we’d love to hear from you.
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