It is common for divorcing couples to sell the family home and split the profits. This money can then be used to begin new, separate lives. But what happens when homes are sitting on the market for an extended period of time and refuse to sell? As you can imagine, this directly impacts the financial well being of both adults involved. It can also affect other financial areas such as child support. Some couples even find it impossible to move on and find a new place to call home.
All of this has caused the number of couples who decide to live together after they’ve divorced to increase considerably. It may not be a choice that many accept with open arms, but they are left with little choice. They simply cannot afford to start their new lives until they sell the family home.
The amount of time that it takes for couples to sell their home keeps increasing. Many have to live together for several months or a year or more until they can find a buyer. It comes down to continuing to live together or to live in an undesirable home or a home that is too small.
In situations where couples simply can no longer abide living with another, they find themselves forced to live elsewhere even if it means moving in with family members.
Some couples find that they have to make difficult decisions. If they find that their home is worth less than what they owe on it due to falling home prices, they may have to consider selling their home via a short sale. Others are facing foreclosure and the possibility of losing all that they’ve put into their home.
This is not just a domestic matter; the court system is getting involved. This is especially true in situations where one half of the couple wants to sell and one wants to hold onto the home until the market turns around. For the most part, judges are hesitant to issue orders to sell the home.
Sal Vannutini is the author of " The 8 Power Profit Secrets To Making More Money With Less Risk In Real Estate, " a free strategy report for investors. Get your complimentary
copy at www.FastFixerUpperProfits.com today.

