Living situations have changed quite a bit over the past while since the real estate bubble burst and many homeowners have had a change of plans that wasn’t on the agenda. But this is not the only reason why living situations have become eclectic and made up of different dynamics. Between the economy and the high rate of divorce households are seeing some dramatic upheaval and some don’t have a place to call home anymore. Nationwide Relocation Services testimonials are posted and shared with our readers by real customers who have had to make a move for one reason or another.
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From 1984 to 1989 the sitcom, “Kate and Allie” played to delighted audiences around the country. Two school friends, both recovering from divorce, moved in together with their respective children. The premise focused the nation’s attention on how households were evolving and changing, and what people had to do to keep their heads above water economically speaking.
Yours, Mine and Ours
You might find that a few friends within your own circle are struggling to pay bills after divorce. At one time one of the couple generally got to keep the residence and the other moved out or sold the house and split the profits. In the buyer’s market that we are experiencing, it is often better to hold onto the property. Apartments are not always the cheaper alternative. If your mortgage premium is based on an adjustable rate, you could very well be paying less than four percent and your monthly payment could be lower than an apartment (even when factoring in taxes, insurance and maintenance). So what does a man or woman do if the apartment is too costly, or if the one staying in the house realizes that he or she cannot afford to pay the expenses. One of the best ways is to take in a house partner. By splitting the monthly bills you can have the freedom of having your own house and the comfort that all of the expenses don’t fall on your shoulders alone.
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