Been trying to convince my recent-college-graduate-brother that he should look into house hacking... something, in hindsight, I wish I would have done prior to marriage and the "real world."  

Any other entity under contract with HUD who prepared reports used as basis for the list price or acceptance of a bid, or a HUD employee who has involvement in the management and oversight of HUD owned properties or HUD’s M&M III contractors, or persons related to such a HUD employee by blood, law or marriage, cannot purchase or lease, a HUD REO property.

It's like marriage -- courtship takes time and is foundation building.  

They move in, and their financial contribution makes it possible to afford the house, but when it come to sell the equity is somehow all the property of the other partner...If the property is purchased after you are married, the  situation is probably somewhat different-  this depends on the state laws and whether it is a 'common property' state (meaning that any assets acquired after the marriage are considered the property of both partners).

A partnership is like a marriage. 

Since this house was bought during the marriage, most likely you will have to wait for the divorce to be finalized if the wife won't agree for the property to be sold.

People bonded by blood or marriage tend to be committed.

We also want to protect ourselves as we are both divorced with kids from previous marriages, and hope to avoid any potential legal entanglements from either side that would leave one of us out in the cold (note: we conduct business ethically but want to plan ahead and cover our bases!).

Here is how we can help:Divorce - If the husband or wife owned a property before their marriage, then we can help them to determine the separate and community interest in the property by completing this calculation.Probate - If a group of heirs inherit a property a Moore Marsden Calculation can also be completed to determine the fair equity that each deserves from the property.Reach out and lets connect!

My cousin did that for several years before marriage and it worked out well.