The family residence is normally the largest asset to be divided in a divorce. Therefore, it comes with the most to litigate between the parties. The main issue of a family residence is the characterization of the asset as community property or separate property, reimbursement issues regarding down payments and repairs, and credits for payments made from one’s separate property to support the community property residence.
An issue arises when both parties want to retain the family residence. Issues also arise when neither party can afford the family residence. We have experience dealing with both of these scenarios, and have developed ways to work through the process of dividing the family residence.
As a family law firm, we have utilize various appraisers in all of the counties that we practice in, and we are familiar with all potential issues regarding a family residence division.