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admin | Category: Cell Phone Reviews | 02.01.2015
With a home being a bankable asset for both spouses, it is important to know ways which allow you to retain your residence. Hire an experienced lawyer who has specialized knowledge in divorce settlement cases.  A legal person will be in a better position to advise you on how to buy out, or consider other viable options.
You can also pursue a mortgage option where you pay-off your spouse’s share, which in most cases will be half of the home equity.


If a spouse ( for instance husband) permits the other to stay in the home with kids, then the other ( wife) may need to buy out her husband’s interest. In certain cases the spouse living in the home will inform the mortgage-financer to remove the other spouse from any financial obligations related to home.





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