Whose house is it?


#1

Sorry for the delayed response.

A home purchased with separate property can be characterized as both your separate property and a marital asset. While the home can remain your separate asset, the marital estate benefits from the increased value in the home by contributing marital income to paying down the mortgage balance.

Deborah M. Throm
Rosen Law Firm
1829 E. Franklin Street, Bldg. 600
Chapel Hill, NC 27514
919.265.0017 direct
919.321.0780 main voice
www.rosen.com
Email: dthrom@rosen.com

4101 Lake Boone Trail
Suite 500
Raleigh, NC 27607
919.256.1544 direct
919.787.6668 main voice

301 McCullough Drive
Suite 510
Charlotte, NC 28262
704.644.2531 ext. 100


#2

I bought my home before my husband and I married. We have since refinanced and his signature is on the papers. As far as the house goes, is it considered separate property since it was originally purchased by myself alone?