Home Sales & Refinancing Virginia Beach, Norfolk, Chesapeake, Portsmouth VA

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2628 Barrett Street | Virginia Beach | Virginia 23452

  • Ages of parents and children

  • Physical and mental conditions of parents and children

  • Relationship between each parent and each child

  • Ability of each parent to meet the needs of the children

  • Role of each parent in the children's upbringing

  • Home where the children will live and children's wishes

Contact W. Ware Morrison Law Group today for a FREE consultation with us:

757-425-2590

Contact W. Ware Morrison Law Group today for a FREE consultation with us:

757-425-2590

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Thoughtful attorneys assist with matters related to home sales and refinancing

For most middle-class families, their home is their biggest asset.  In a divorce, that asset must be divided and sometimes needs to be sold. At the W. Ware Morrison Law Group, we know that among the difficulties of divorce, dismantling the family home is one of the most difficult. Our attorneys are ready to sit down with you and discuss all of the possible options so that you can make the best decision possible. We are located in Virginia Beach and serve clients in Norfolk, Hampton Roads and Chesapeake.

Home Sale & Refinancing

"My spouse was trying to take everything... Mr. Morrison did a great job for me in court and got me what I wanted."

- Ellen92

The marital home is part of what must be settled in a divorce division of property.  There are actually several options available when it comes to dividing this asset:

  • You can sell the home and split the proceeds from the sale.

  • One of you can own the home solely.

  • One spouse can live in the home and you can continue to jointly own it with the intention to sell in the future (often a good idea if your mortgage is under water).

  • Own the home jointly and rent it.

Our lawyers can help you decide which option works best for your financial situation.

While a divorce court can decide ownership of the home, there is one thing that the court cannot completely control: the mortgage. While the court can order either of you to be responsible for the mortgage, the court has no jurisdiction over your bank and cannot force it to take one of your names off the mortgage. When dealing with a home in a divorce, there are several choices with regard to the mortgage:

  • You can both continue to be responsible for the mortgage, perhaps planning to sell the home in the future.

  • One of you can refinance the mortgage into your own name.

  • If you are not eligible for a refinance, you can ask the bank to take one name off the mortgage, but banks are not obligated to do so

Dividing a home is one of the more complicated aspects in a divorce, so it’s essential you work with an experienced family law attorney who can ensure your rights are protected. The attorneys at the W. Ware Morrison Law Group have more than 40 combined years of experience and are prepared to examine all your options before arriving at the solution that works best for you.

Make an appointment with a Virginia Beach lawyer to discuss how to divide your home in your divorce

 

If you’re trying to decide what to do with your home in your divorce, you need qualified legal advice. Make an appointment for a free consultation with our attorneys at the W. Ware Morrison Law Group now. We serve clients throughout the Norfolk, Chesapeake, Tidewater and Hampton Roads areas and are conveniently located near the Lynnhaven Mall in Virginia Beach. Call our office at 757.401.4378 to schedule an appointment or use our online contact form today.

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VIRGINIA BEACH LAWYERS HANDLE PROPERTY ISSUES

INVOLVING THE MARITAL HOME

Over 40 years of experience on your side

What choices do you have when it comes to the marital home?

What happens with your mortgage in a divorce?