If
you're getting a divorce, real estate lawyers have a tip for you: "Divorce
your house, then your spouse."
Even
under normal real estate conditions, it's important to look at the real cost of
keeping your home. Hidden costs like home owners association dues, and
maintenance fees can add up. Top that
with the cost of getting a divorce and the equity you were hoping would keep
you afloat could be the stone tied to your leg dragging you under.
Take
a close look at your financial situation before you divorce, and then decide if
the home is worth the expense. Experts advise that the problems of
homeownership can be easily fixed before divorce, but are nearly impossible to
alter after everything is final.
Source:
www.latimes.com