The loss of equity in the homes of couples that want to divorce has left them stuck because they either bought at the top of the market or, on the ride up, they borrowed against the new equity they found. Without the resources to pay the difference, or an agreement on who would pay how much of the negative equity some troubled couples are finding themselves stuck.
So here you have a couple that wants out of a marriage, feeling even more trapped. I imagine this doesn’t help too many couple reconcile. I have worked with quite a few couples that were divorcing and as hard as a normal transaction can be this is exponentially tougher.
Housing Market Keeping Couples From Divorcing
