My parents are divorcing. married 25-30 years, coming to the end of their mortgage (10k-/+ left to payoff) Home worth around 400k, 4 bedroom home.
My dad only earns around 10k a year working part time and mum is a stay at home housewife.
6 kids (26,24,18,15,13,11 years old) all would want to stay with mum. Dad seems to want to sell the house, take his money and leave.
How could this play out? I always assumed he wouldnt be able to get anything because of the kids and mum having to stay home and look after them, but now im hearing because the house is worth so much this might not be the case?
Any thoughts? Thanks in advance for any advice/knowledge