Who keeps the home: Property division in a Minnesota divorce
The largest asset for many couples is the equity in their home. This amount fluctuates with the housing market. During the recent housing market collapse, it became a case of apportioning losses and many divorcing couples lost their homes to foreclosure, if neither could afford payments.
As the housing market rebounds in the Twin Cities, separating couples are in better position of splitting positive equity. The Pioneer Press reports that the median sales price in the 13-county metro area rose to $160,000 in January, which is 14.3 percent higher than a year ago. As the ...





