{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Ep 197 - Divorce & Your Home: Understanding Your Options and Avoiding Costly Mistakes","description":"What happens to the house in a divorce? For many homeowners, divorce and real estate collide in painful and expensive ways. The home is often the biggest asset, the biggest debt, and the most emotionally charged part of the divorce process \u2014 and it\u2019s where people make the most costly mistakes. In this episode of State 48 Homeowner, host Scott Kooiman of Klaus Team Real Estate Solutions sits down with family law attorney Marco Brown, founder of Brown Family Law, to explain what homeowners need to understand about divorce and your house \u2014 before emotions and assumptions lead to years of financial fallout. We break down: What really happens to the house in a divorce Common misconceptions about keeping the house after divorce How Arizona community property law treats the marital home Divorce housing options: selling the home, one spouse keeping it, or deferred sale How equity, debt, and property division are handled Why co-ownership, nesting, and \u201cwe\u2019ll figure it out later\u201d usually fail What happens when one spouse refuses to cooperate or move out Court-ordered home sales and forced resolutions Why walking away emotionally before finances are settled is dangerous You\u2019ll also hear a critical mortgage and lending reality check from Steve Farrington of Unity Home Loans, explaining: How divorce affects mortgage qualification Debt-to-income ratio issues during divorce Using spousal support as qualifying income Refinancing after divorce \u2014 and what happens when rates are higher Credit risks when you\u2019re still tied to the mortgage How missed payments impact both spouses How to protect yourself financially during a divorce Before you make a decision \u2014 especially in a moment of stress \u2014 it\u2019s critical to talk to professionals who understand how family law, divorce mortgages, and real estate intersect. This episode is part of our \u201cWhen Things Go Wrong\u201d series, covering what happens to your home during divorce, death, disability, and major life transitions \u2014 so homeowners can make informed, confident decisions when it matters most. ","author_name":"State48 Homeowner Podcast","author_url":"https:\/\/state48homeowner.libsyn.com","html":"