Showing posts with label housing market. Show all posts
Showing posts with label housing market. Show all posts

Thursday, September 29, 2011

What If You and Your Ex Have to Live Together After Divorce?

In today's economy, sometimes it can be many months or even a year or two before the house sells. Many people can barely afford one household, and they certainly can't afford two households - until the house sells. So, if you get stuck living with your ex for months or longer after the divorce, how do you keep from killing each other? Seriously, how do you live together without everyone being miserable - especially the kids? This great article helps you set ground rules in this situation. I'll bet you know someone who could use this information.

Thursday, September 30, 2010

Today's Divorce = Separate Bedrooms

For many people in today's economy, the closest they can afford to come to divorce is separate bedrooms. When one spouse is unemployed, they do not want to go out on their own, and the other spouse does not want to risk having to pay maintenance (alimony). People used to sell the house and split the equity, which would make it possible for each one to start a new life. Now, people owe more than their houses are worth, they can't sell their houses, and they can't qualify for a mortgage on their own. So they stay together as roommates with separate bedrooms, biding their time until the economy turns around so they can afford to get divorced. In other words, they are miserable.