With the growing challenges couples face to buy property, in part due to houses becoming more and more expensive, more and more people are considering a joint mortgage. What is a Joint Mortgage? As the name indicates, it is a mortgage that you take out with another...
In the past, we’ve blogged about the topic of mortgage and divorce. There is also the question of how to deal with debt in a marriage. What happens to the debt each individual has before getting married? Will the individual’s debt affect the other person’s...
As promised, this the second part to last week’s blog post on what happens to a property in case of a separation or divorce. One question we hear very often is: if I move out of the house before filing for divorce, do I lose...
In a previous post, we have addressed the “divorce buyout” program. To know what this program is all about, click here. Is the buyout all you need to know about mortgages in the case of a divorce or separation? Not necessarily. There are a few...
It is no secret that the family home is the most significant asset many families have. So, what happens to this home if the couple ends up getting a divorce? Most couples begin saving for the down payment of this home as soon as they...