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Divorce or separation, and you may a home without Equity (otherwise Bad Equity)

Divorce or separation, and you may a home without Equity (otherwise Bad Equity)

Six to 10 years ago, virtually every separation and divorce where in fact the couple owned property given the couple specific security well worth to divide. Our home try an asset, additionally the partners you certainly will promote our house, and you may divide the fresh new continues; otherwise among the partners perform get the actual other wife or husband’s need for the house. In the latter situation, that mate could be provided a monetary settlement on investment she or he could be leaving behind. Read more