Posts Tagged ‘Property Divison’

Texas Divorce…what happens to the house?

Friday, March 18th, 2011

In most Texas divorces the house issue comes up….who wants it, who gets it, what’s it worth?

With the current down market, equity in homes is at a marked low in recent memory.  In divorces now, the parties are having to deal with issues like little/no/negative equity.

Does it make sense to sell the home? Should one party try to buy out the other? Is an owelty deed the best method to resolve the house issue?

If you are facing a divorce and have more questions than answers about your house, please feel free to call me today at (713) 370-7100.  My website has information and contact information at www.ericgruetzner.com and you can always feel free to email me at eric@ericgruetzner.com, take care, Eric