Wednesday, January 27, 2010

No really, you keep it: The one asset that neither party wants

In this time of recession and falling home prices, neither party wants to keep the house anymore. As this article illustrates, there are options to break the We Can't Afford the House deadlock. Word to the wise: simply quit claiming the house to your spouse does not get you off the hook for the mortgage. Make sure you are protected credit wise and against a possible foreclosure in the future.

Read the article