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Relationship Discussion (non-explicit)
Reply to "I met with a divorce attorney today... Surprised... "
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[quote=Anonymous][quote]What people don't understand about "getting the house" is it's not just some easy transfer, you have to refinance the house so that it's in only your name. You'll have to be able to get the loan and be able to afford the house. This is what I did a few years ago. [/quote] Yes, you will more than likely have to refinance and get another mortgage. Depending on the situation the equity may be split in half. The mortgage payments and interest rates could end up being higher. Being allowed to keep the house isn't automatically a good deal. 1/2 his salary currently for mortgage is a lot. If you get alimony + child support he will basically become permanently poor. You will be on the hook for the mortgage and living expenses with the kids. Practically both of you will be worse off. And most importantly your children will now have divorced parents who are less financially stable.[/quote]
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