I have been divorced to a total of 2 weeks, my ex-wife has the house but I'm still on the mortgage. Like you that is a huge concern for me, my ex has 10 months to get it refinanced buy me out or in some why remove me from the loan. I had our divorce decree worded that if she sells the house for less than the appraised value (we weren't quite under water but close) she and only she is stuck with the loss, but if it sell for more she gets to keep the profit. I'm fine with that gives her incentive to keep the house up, I have no clue how she will ever qualify for a loan. But that isn't my problem, she wanted the divorce so she can deal with the fall out.