Can separated couples buy a home separately?

Anonymous

∙ 14y ago

Updated: 7/2/2023

As long as they don't use marital property to acquire the separate property.

_________

before you venture into more debt, the best thing to do is go ahead and finalize the divorce. When you are legally separated, lenders may question your income and assets because separated is not divorced. Your credit may show that you are overextended because it will show you as married. Do you have a marital home that has to be liquidated for settlement purposes? That is money that could help you buy down your interest, etc. Lot of things to consider when you are not yet divorced. Seek financial counseling first and discuss starting the divorce process before you jump into anything. You are not yet totally free!

Ciara Parker ∙

Lvl 10

∙ 2y ago

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