Saturday, July 13, 2024
HomeMortgagesHere's What Happens

Here’s What Happens

What we’ll cover
What happens to a mortgage after a divorce
A house is usually the largest asset that a couple has, and thus, it should be one of the first joint properties on the chopping block. Divorcing couples have several options for dealing with their marital home. They could: Sell the home and split the profits
Maintain the mortgage jointly and use the house as an investment property
Relinquish the mortgage to one party

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