Divorce is a difficult experience, and disagreements on how a couple deals with their real estate can make it even more difficult. That’s why it’s important to examine the available options. One is to sell the property and split the proceeds, while another is to have one spouse buy out the other’s share. In some cases couples choose not to sell until their children are grown and the parent with primary custody is done raising them. If the parties choose to continue living in the house while the divorce is taking place, then they should establish a set of ground rules to minimize conflict.
One of the reasons that couples should come up with a plan for their real estate is because if they can’t agree, a judge will have to decide how the property is disposed of, and the decision may not be liked by either party. Factors can include who payed for the property and who maintained it. In fact, it’s a good idea for couples to discuss what will happen in the event of a divorce before they marry in the first place.