According to an old adage, home is where the heart is. This is true in many divorce cases, where the spouses cannot agree on who gets to keep the family home. Understanding all options related to the marital home is critical when dealing with property division during divorce in Bronxville and other parts of New York.
One option is for one of the parties to purchase the house from his or her future ex. Coming to an agreement on the property's fair market value is the first step. The second step is refinancing, which may not be possible if the spouse interested in buying the house cannot qualify for the home loan.