When a marriage ends, deciding what to do with your shared home usually comes down to three realistic choices.
You can sell the property, pay off any remaining mortgage and costs, and divide what’s left between you.
One person can buy out the other, which means qualifying for a brand-new mortgage completely on their own.
Or you can temporarily keep the home together, though this requires a strict legal agreement to protect both sides.
Planning to buy or sell a house or a condo in Mississauga, Brampton, Toronto and GTA? Give me a call!
