In this video, divorce attorney Ken Novenstern explains that when it comes to the marital home, it is fairly common for one spouse to buy out the other as the settlement agreement is negotiated. However, with interest rates soaring in recent years, this has become a challenging issue. No one wants to refinance a mortgage at today’s significantly higher cost — and, unfortunately, there is no simple solution.
Ken Novenstern is a partner here at Fredman Baken & Novenstern, LLP. With offices in Mount Kisco and White Plains, NY, we provide legal services including divorce, separation, custody related matters, and pre and post nuptial agreements.
If you have questions regarding divorce in New York, contact Ken Novenstern at (914) 997-9070 or (914) 241-2400. You can also send email or book a consultation through our website at https://fbndivorcelaw.com/contact.
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