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Do they want to stay in the area? If so, they will need two houses/condos to live in. OYou sell/trade/exchange them one, plus cash to split. They already have one house they were living in while married, so they other gets the existing home. They can go or stay. Sell or keep.
HTH
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+ This is a great idea.... and could potentially meet everyone's needs!
I'll present a few different options to them tomorrow and see what happens! Thanks! Everyone