The house's market value is important, but unless there is no mortgage on the property, that is not solely how the property's value is calculated for a buyout. First, you must calculate how much equity there is in the home. For example, if your house is worth $500,000, but your m...
Sell the House:Sometimes the easiest solution is to sell the home and divide the proceeds equitably. This does not mean the proceeds will be split evenly, but fairly for the financial situation surrounding the property. One Spouse Buys Out the Other:If one spouse wishes to stay, they can bu...