Sometimes we see a beautiful house and think, “I should sell my home and get a house like that one!” But your current home has something a new home doesn’t have—equity. Home equity provides homeowners a ready financing source to turn their house into their dream home.

If you didn't play a role in managing family finances during your marriage, and you’re going through a divorce, you could be at a disadvantage. It's important for both spouses to understand their current financial situation and post-divorce needs.