For Texas couples who decide to divorce, the question of how to handle the marital home may weigh heavily in their concerns about property division. Many couples may find that their house is one of the most valuable assets that they have, especially if they already have significant equity in the property. There are various ways that people can deal with the home as part of a divorce settlement. In some cases, it may be easier for the pair to sell, pay off the debts and divide the proceeds between them. This can prevent either partner from being saddled with a house they cannot afford.

Many people have deep emotional attachments to the family home, especially if children are involved. One spouse may feel strongly about keeping the family home in the divorce. However, there are significant financial costs involved when one spouse wants to keep the property. That spouse will need to buy the other spouse out of an equity interest, either in cash or through trading off other assets during the property division process. They may need to take out an additional mortgage for the amount needed.