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Real Estate in Wake County continues to be a hot commodity. Currently, the Triangle is experiencing a lack of supply in single-family homes. Inventory is down, and it is a Seller’s market. The short supply of homes is due in part to the fact that new home construction is down significantly from previous times and whether or not it will pick back up anytime soon is nearly impossible to predict. With it being a Seller’s Market, couples in the midst of a divorce face important questions, “What are we going to do with the house?” “Are we going to sell it and divide the proceeds?” “Will the other spouse keep it?” “Can I afford to keep it?”
In deciding what to do with the house, consider the following:
Deciding whether to keep the house is an emotional and a financial decision. Obtaining assistance from qualified people can help you make the right choice.
Rose Stout is a Board Certified Family Law Specialist by the North Carolina State Bar Board of Legal Specialization. She concentrates her practice in the area of domestic law and represents clients in all aspects of family law, including divorce, custody, equitable distribution, child support and alimony. Rose has extensive trial experience at the district court level and has spoken at family law seminars on various family law issues....LEARN MORE