Should I sell my house during a divorce?
Table of Contents
Should I sell my house during a divorce?
Selling is not your only option when you divorce or end a de facto relationship. Dividing property will be necessary, but you may be able to keep your home. They may have to take responsibility for the mortgage payments for the duration if the other party moves out and has to pay rent until the home is sold.
How do I buy my ex out of the house?
Refinance the loan in your name only If you have sufficient equity, credit and income, and your ex-husband or ex-wife agrees to give you the house, you should be able to refinance. However, many lenders will want you to prove that you can make mortgage payments by yourself.
How do I get my ex husband’s name off the house?
Firstly, you will need to seek the consent of your home loan provider to take your ex-spouse’s name off the mortgage. With the help of the lawyer or conveyancer, you’ll then fill out a transfer title form. You can usually find this on the website of your applicable state or territory government department.
