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In divorce, deciding what to do with the house can become a huge source of strife, confusion, and even financial ruin. Most are unprepared for the unique legal, financial, and emotional ramifications of either holding on to or selling their house at one of the worst times in their life.
The House Matters in Divorce presents the numerous legal, emotional, and practical challenges of equitably settling your marital homeand offers specifics on how to handle those issues and who to turn to for professional help. This book clears up common misconceptions about dividing real estate assets and empowers both parties to be proactive, make smart decisions, and emerge from this complex process financially sound and prepared for the future. It includes detailed information on:
Whether to sell or not
Common pitfalls that plague the uninformed
How to determine what the house is really worth
Making housing decisions that are truly in your children’s best interests
What to do about the deed and the mortgage if one spouse stays in the home
Proceeds of the sale (if any) and what to do if there is no equity
The court’s perspective and power
Learn how best to deal with your most important financial assetyour homefrom a real estate expert who specialize in divorce. Get the facts about how to make wise and purposeful choices to set yourself up for success as you move forward with building a new lifea life that includes financial health.
List of contents
Foreword by Forrest S. Mosten
Chapter 1 When Reality Hits
Chapter 2 Married to the Mortgage
Chapter 3 To Sell, or Not to Sell?
Chapter 4 What’s Your House Worth, Anyway?
Chapter 5 The Emotion Factor
Chapter 6 Considering the Kids
Chapter 7 When There’s No Equity to Divide
Chapter 8 In the Courtroom
Chapter 9 Peaceable Alternatives
Chapter 10 The Uncooperative Spouse
Chapter 11 Getting Untangled
Chapter 12 Landing on Your Feet
Acknowledgements 8 About Laurel Starks
About the author
Laurel Starks is a divorce real estate expert. She speaks frequently on real estate and divorce issues to legal, collaborative divorce, and mediation organizations. A former host of the talk radio program Real Estate Matters, Starks also serves as an expert witness in real estate matters related to divorce cases, including short sales and the mishandling of procedural aspects therein. She was nominated in 2016 for the coveted Innovator of the Year by Inman News, the real estate industry’s leading news source.
Forrest "Woody" Mosten has been a mediator in private practice since 1979 and is a Collaborative Family Lawyer who specializes in negotiating fair settlements based on informed client consent. He is the author of several bestselling books in Mediation and Collaborative Practice.