Going through a divorce is stressful in any situation, but especially so when you and your soon-to-be-ex own a home together. If one of you hopes to keep the home after the divorce, you may have heard you should refinance before the divorce.
While there are advantages to refinancing before a divorce, there can be some serious downsides, too.
Recently, Lending Tree tasked me with writing an article on the pros and cons of refinancing before a divorce. For insights, I reached out to James Bogatay, a divorce lawyer with Bogatay Family Law in Pittsburgh, PA.
You can check out the article here.
Have you ever dealt with refinancing a home before or after a divorce? I’d love to hear your take on the experience!