Should I Keep the House in a Divorce?
Keeping the marital home after divorce can provide stability—especially for children—but it makes sense only if you can truly afford it on a single income and remove your former spouse from the mortgage. It is usually a poor choice when the payment strains your budget, the home needs costly repairs, or keeping it would leave you cash-poor. Before deciding, weigh the home’s equity, your post-divorce cash flow, and the overall property settlement. A family-law attorney and a financial professional can help you evaluate the legal and monetary trade-offs.