Given the fact that one out of three marriages ends in divorce and other relationships are at an even higher risk of coming to an end sooner or later, it might be wise to keep this eventuality in mind when buying a house. In the case of dual earners, the need to sell the house in case of a break-up nowadays seems more or less inevitable. With this in mind, taking a good look at your own earning capacity in view of housing costs before buying a house might pay off later. Not only financially.
In this article, the author offers advice regarding the ownership of a house after a divorce (changes in ownership of the marital dwelling, economic ownership, deferred payments, taxes and/or package deals), while she also offers advice on selling – and buying – a house, pursuant to a divorce.