It’s not simple to buy a house during a divorce. Wisconsin is a community property state, meaning that both spouses have equal rights to all the assets from the marriage. If you want to buy a house during a divorce, you’ll more than likely need the cooperation of your spouse to make sure that the new home is considered separate property from the shared assets that are divided up during the divorce proceeding. Hi, I’m Rich Barnes, owner broker of Realty Experts in West Allis Wisconsin 53214, because Wisconsin is a community property state, divorce courts consider all property held or gained during the marriage to be shared marital property, regardless of whose name is on the deed or title. In Wisconsin, divorce proceedings shared property is generally divided equally among spouses. The goal for both spouses is to have equal assets from the marriage when the divorce is final. When one spouse attempts to purchase a new home while they’re in their process of divorce, they run the risk of the new home being considered as part of the shared marital property. That is, the new home will not be considered separate from the rest of the marital property. That is to be split equally, unless specific steps are taken. Another consideration is that of financing the new home. If the new home runs the risk of being considered shared property, if any marital assets, including shared funds are used to purchase the home, be sure to check with an attorney or a tax consultant as I am not one, I’m just giving helpful information. If you’d like to see more videos on divorce and real estate, just click the learn more button below and as always, you can relyonrich.com. Thanks, and you have a great day.