Selling your Home
A major issue that often arises in divorce situations concerns the marital home – whether you can or should keep the home, or whether you need to sell the home. For most people, their home is their largest asset. Understanding your options and the potential pitfalls is of the upmost importance. You may not be able to afford or qualify for a mortgage on your own to keep the home. You may not be able to afford to buy out your spouse’s interest in the home. There are emotional issues to consider as well – this may be your children’s first home. This may also seriously disrupt the children’s lives, where they go to school, and what friends they have.
To learn more about your options in keeping or selling a home during a separation and divorce, it is important that you discuss these issues with your attorney and a qualified real estate broker. A real estate broker who has experience in selling homes in divorce situations may be able to provide you and your spouse with important information to facilitate your decision.
A major issue that often arises in divorce situations concerns the marital home – whether you can or should keep the home, or whether you need to sell the home. For most people, their home is their largest asset. Understanding your options and the potential pitfalls is of the upmost importance. You may not be able to afford or qualify for a mortgage on your own to keep the home. You may not be able to afford to buy out your spouse’s interest in the home. There are emotional issues to consider as well – this may be your children’s first home. This may also seriously disrupt the children’s lives, where they go to school, and what friends they have.
To learn more about your options in keeping or selling a home during a separation and divorce, it is important that you discuss these issues with your attorney and a qualified real estate broker. A real estate broker who has experience in selling homes in divorce situations may be able to provide you and your spouse with important information to facilitate your decision.
|
Books written by Chuck Adkins. Click here to receive a free copy.
|
