Buying a Home While Going Through a Divorce
Posted by Greg Dewar on
Buying a Home While Going Through a Divorce
Divorce is one of the most emotionally devastating events that you can experience, and you understandably want to get your life settled as quickly as possible. Buying a new home can help you to establish new roots and get back on your feet. However, if you plan to buy real estate before your divorce is finalized, you should consider a few important points before you get started.
The Assets for the Down Payment
Simply filing for divorce does not dissolve the marriage, but assets may be divided when you are legally separated. Whether you are using cash for a down payment or to buy the property outright, you will likely need to pay out of pocket with a large sum of money. It is important to speak…
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