It happens to quite a few of us. A separation.
Put simply, it’s the most drastic change that can happen in life. It affects emotions and finances. In all the confusion, and cloudiness that happens you may want to keep that home. Here is how to do it.
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You need mediation or a lawyer.
- This mediator or lawyer can draw up a separation agreement. In this agreement it must outline:
- Alimony yes or no?
- Child Support payable or receivable?
- And a division of assets
- This mediator or lawyer can draw up a separation agreement. In this agreement it must outline:
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Once this is completed we can now go to gather information
Always remember to discuss your divorce situation with your Mortgage Agent/Broker. To remove the ex-spouse from the title you will need to look at a refinance. There are also insurer programs available.
