One of the frequent Ottawa Real Estate Questions I often get is focussed around the issue of DIVORCE.
I quote from an article by SARAH HAMPSON that I found on the internet:
"I know what I don't want," Robin Wright Penn tells More magazine in its just-released September issue.
Someone uncork the champagne.
Ms. Wright Penn is talking about her marriage to fellow actor Sean Penn, and their decision (for the third time) to file for divorce. This time it's for good, reportedly.
The decision to leave a marriage is never easy, despite the social tolerance for divorce. The period of deliberation that precedes most splits could be called "the Hamlet years," as one or both of the spouses struggle with a confusing mix of emotions. Ms. Wright Penn's knowledge of what she doesn't want is as powerful as knowing what she does want. And it will also help her move on.
A difficult marriage that ends in divorce is a crucible that can produce sobering insight, not only into self, but into others, and the nature and limitations of love." (end of quote)
So the topic of "divorce" often gets asked of me pertaining to Ottawa Real Estate Questions that my Clients might have :
You have 4 basic housing options when in the midst of a divorce:
1. Sell the house now and divide up the proceeds.
2. Buy out your spouse.
3. Have your spouse buy you out.
4. Retain your ownership.
It's important for you to understand the financial implications of each of these scenarios.
For these and other Ottawa Real Estate Questions please go to my website at http://OttawaRealEstateQuestions.com