Home ownership, dividing asset can be difficult during divorce

Lawyers' Forum

By Erica Minchella

Erica Crohn Minchella, is the head of the boutique real estate firm of Minchella & Associates, Ltd., handling residential and commercial real estate transactions and litigation such as foreclosure defense, quiet title, and partition actions. She can be reached at erica@ecminchellalaw.com.

Posted January 21, 2020 3:51 PM

After handling numerous short sales and loan modifications over the past 12 years, I have come to the conclusion that none is as trying as those between divorcing parties.Often, the animosity parties feel for each other in the dissolution process compromises their better judgment and makes resolving the real estate aspects of the divorce more complicated and difficult.When one of the divorcing parties wishes to continue residing in the property while children are in school, the marital settlement agreement usually allows …

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