why you may not want to keep the home

Why You Might Not Want to Keep the Home

The marital home may feel hugely important to you. Not only is it the place you’ve chosen to live, the nest you’ve feathered, and the repository of all your perfectly positioned stuff, it may also be your children’s home. Giving all that up and turning your world (and possibly your children’s world) upside down may seem like the very last thing you want to do. Many couples fight over who should get the home, but instead of fighting for it, maybe you should consider letting go of it.

While there are so many reasons to keep the marital home yourself, there are also many reasons why keeping the home may in fact end up being a bad idea.

  • Financially: While you are married there is X amount of money coming in as income for the family. This pays for all of the expenses. When you divorce the amount of money coming remains the same, but it now has to pay for two households. If you maintain the previous expenses then add on the costs of your ex having a separate residence, there simply may not be enough money to cover both, no matter how you juggle spousal maintenance and child support. Keeping the home may end up with you taking out even more debt to maintain it. And if you can’t keep up with the debt, you will damage your credit report and could potentially lose the home.
  • Emotionally: Remaining in the same home where you were married can create a huge emotional burden on you and on your children. There are a lot of memories in that house and nothing is ever going to be the same again. Sometimes a fresh start is a good thing for everyone.

When you need advice you can trust, contact the Sampair Group in Phoenix, Paradise Valley, Scottsdale and the West Valley today to schedule your appointment. Our attorneys will give your case careful consideration.