Dealing with the status of a home is one of the most complex, and emotionally charged, elements of a divorce.

For most couples, their home is their most valuable asset, and when one spouse wishes to retain the home, the financial obligation can easily outstrip all other elements in a settlement.

When you can’t get the mortgage refinanced to remove your spouse from liability for the home, your options become limited.

There are situations where it makes sense for both parties to agree to retain the marital home, such as when there are children who can benefit from the stability of remaining in their schools.

In those cases, our attorneys work hard to negotiate an outcome that lets you stay put and gives you the financial security to keep the house.

In other situations, like when the home is underwater and can’t feasibly be sold at this time, there may be options like keeping the house, jointly owned, as a rental property, where the two of you split the profits and costs of maintenance.

Every divorce is unique, and the specific circumstances of your divorce will guide how our attorneys negotiate, and what outcome you can expect.

To learn more about keeping your home in divorce, call the attorneys at Friedman & Ranzenhofer at 585-484-7432 for a legal consultation with an experienced Rochester divorce lawyer.