My Wife and I filed for divorce in July. We are selling our house and splitting the profits. We have an accepted final offer after inspections and appraisals, just waiting on our closing date. I want to use my profits to purchase a small home for my kids and me. Is this doable? I’m talking with my divorce lawyer tomorrow morning, but I’m looking for experiences doing this. Because we have kids, our divorce can not be finalized until January. If I don’t buy now, though, I will have to rent and sign a one year lease.
I have found a perfect home in the perfect area, within my price range and I am prequalified based on only my income. I need to decide NOW if it’s worth pursuing, because I don’t know if an opportunity like this will come up again. I am in Michigan.Is it possible?