Divorce is a difficult process for couples to navigate, and one of the most difficult aspects of the process is how to handle mortgage payments. For couples who are unable to agree on a plan, “bird nesting” may be an option. Bird nesting is when the couple agrees to keep the family home as a shared residence, and the children remain in the home while the parents take turns living in the home. This arrangement can help couples manage their mortgage payments during divorce.
The primary benefit of bird nesting is that it allows couples to maintain their current living situation without having to make any major changes. This can be especially beneficial for couples with children, as it allows them to remain in the same home and continue attending the same schools. It also eliminates the need for one parent to move out and find a new place to live.
In addition, bird nesting can help couples manage their mortgage payments during divorce. Since the family home remains a shared residence, both parents are responsible for making mortgage payments. This can help ensure that both parents are contributing financially and that the mortgage payments are being made on time.
However, there are some drawbacks to bird nesting that couples should consider before deciding if it is the right option for them. For example, it can be difficult for couples to adjust to living in the same house while separated. It can also be difficult for couples to coordinate their schedules so that they can take turns living in the home. Additionally, bird nesting can be expensive since both parents will need to pay for utilities and other expenses associated with maintaining the home.
Overall, bird nesting can be a helpful option for couples who are struggling to manage their mortgage payments during divorce. It allows them to maintain their current living situation without having to make any major changes, and it ensures that both parents are contributing financially. However, couples should consider the drawbacks of this arrangement before deciding if it is the right option for them.