Divorce Advice for Men | Fathers Rights Divorce | Child Custody

In this week's edition of Money Made Easy, host Dan Danford answers this financial question from a viewer: I bought a house a couple of months ago and it seems like every other week I get a letter saying my mortgage has been sold again. Can you explain why mortgages are constantly being sold?

Danford, MBA, CRSP of Family Investment Center, explains the financial reasoning behind buying and selling loans.

Question: We reside in the US, but have property (a house) in the Philippines bought when married. It is in her name, for convenience due to Philippine law. Is it part of our joint assets to be divided?

Question: My wife wants a divorce and we are both living in our home right now. No legal paperwork is filed yet. She will not be able to afford the home on her own. Will the courts likely make me pay the mortgage and allow her to stay in the home? We have 3 kids 15, 12, 4. I also know one of the three want to live with me. What chance do I have to keep the home? I have paid for all bills for the 16 years of our marriage, and she has only brought in a part-time income the whole time. She has been a student all 16 years.  How would you recommend I present my case so that I can continue living in the home with the kids, and paying the bills? I would even consider it fair to help her afford a small place on her own since she is the one that wants out.

Did you know that "For Sale" signs are a signal that you're driving through a "good neighborhood?" Reality TV shows us an idealized version of the house hunt, but as our DadsDivorce money guru explains in this short video, the reality of purchasing a home has everything to do with good planning and intelligent strategy. 

Dan Danford, MBA, CRSP of Family Investment Center tells us some great hints to consider when purchasing a home.  Find out how today's market affords you a great opportunity to buy real estate.

...with Dan Cuneo of Cordell & Cordell, JD

According to the Divorce This House website...

NOT selling the house is among the riskiest divorce options regarding the marital home.

Where one spouse retains the house post divorce, either or both spouses risk significant, adverse exposure from: liens/clouded title, mortgage/consumer credit decline, default/foreclosure, bankruptcy, and other potentially devastating post-divorce financial/standard of living issues.

Our host Dan Cuneo interviews Kelly Lise Murray, J.D. Attorney and "Divorce Troubleshooter," and we learn why not selling the marital home is often the biggest mistake many divorcing couples ever make.

Watch the video after the jump!