Housing Market Affecting Divorcing Couples
What do you do if you are married, miserable want a divorce and need a house to sell? You stay married and miserable. At least until the housing market recovers from the slump it is going through.
A house was once considered a marital asset. Now it can be considered a burden and in more ways that one. Not only is there less equity to split but also keeps you tied to a marriage you desperately want to leave behind.
Even in the most amicable divorce, there is stress and conflict to deal with. The key to dealing with the stress of divorce is to stay civil and get it over with as quickly as possible.
With the housing market in the state it is in divorces are taking longer to obtain which means prolonged exposure to stress. There is a huge impact on people’s lives when they don’t like each other but have to continue to live together.
If you’ve found yourself in this situation pay extra attention to the level of stress you are feeling and how you deal with that stress. Also, put extra effort into being amicable and civil toward your soon to be ex-spouse.
Wow i really didnt like this article. ever think maybe its best that your stuck inthe house toegether and your best option while the market is so bad is to seek reconciliation. “a marriage your desperatly seeking out of” ever occur to anyone in this country that you made a vow in front of God that said you will honor and cherish this person till DEATH DO US PART. why bother making the vow … it really makes me sick how the worst of peoples worries is how quick they can get out of their covenant marriage.
It used to be “We’re staying together for the sake of the kids.” Now it’s “We’re staying together for the sake of the house.” http://www.mddivorcelawyers.com
That’s the situation I’m in. Stuck in the house that neigher of us can’t afford to pay for unless we are together, the house that we can’t sell because we don’t want to have a short sale on it… With my ex-hubby and his new girlfriend that doesn’t have a place to live… There is nothing good in it, and banks don’t care…
This is my situation to a “T”. I just wish we would of put the house up a year ago when it was worth $125,000.00 more than it is now. Just like the person above, I am only still married because I have no other option. We sell, we sell for less than we owe, and we don’t have anything to pay off the stinking credit cards he accrued while we were seperated. God, if I could turn back time!
This economy is sure having a bad effect on everyone. I hope things turn around soon!http://www.hechtassociates.com