Divorce is difficult enough without arguing over the house. In Georgia, which is an “Equitable Distribution” state, assets must be divided fairly—but that doesn’t always mean 50/50.
When it comes to the family home, you generally have three options:
1. One Spouse Keeps the House (Refinance) If one person wants to stay, they typically must refinance the mortgage into their own name to remove the other spouse’s liability.
- The Hurdle: With interest rates fluctuating, refinancing might double your monthly payment. Can a single income support that?
2. Co-Ownership (Rarely Works) You both stay on the deed and mortgage. This keeps you financially tied to your ex-partner. If they miss a payment, your credit score tanks.
3. Sell and Split (The Cleanest Break) Selling the property liquidates the asset so you can split the equity and move on.
- The Problem: Listing with a realtor takes months. You have to agree on repairs, staging, and showing times while trying to separate your lives.
A Faster Solution for Divorcing Couples WE BUY ESTATE provides a neutral third-party solution. We make a cash offer on the house “As-Is.” We can close in as little as 10 days, allowing both parties to receive their share of the equity and finalize the divorce decree without dragging out the process.