4 Key Questions to Ask Before Selling During a Divorce

When you decide to get a divorce in California, there are a lot of issues that need to be dealt with and agreed upon that can be downright overwhelming and emotionally draining. One of the most emotionally charged decisions that must be made involves deciding the fate of the family home. For this reason, I decided to become a certified ‘Divorce Real Estate Specialist. There are so many important considerations when selling your home during a divorce that I wanted to be a resource for my clients during this difficult and emotional time in their lives.’ The family home has more than four walls and a roof. For most, it’s where you’ve built a life with your spouse and often raised a family. There are typically many memories and a lot of security in the family home. So, when it comes time to decide who gets the house in a divorce settlement or it is to be sold, it is understandable that many people find it difficult to approach this decision 100% rationally. However, allowing emotions to cloud judgment can have long-term, lasting, and damaging consequences. The earlier in the divorce process you discuss and decide what will happen to the family home, the better off you will be. Before considering Selling your Home, here are 4 Key Questions to be Asked and Agreed upon by both Parties. #1: Will the property be sold, and if so, when? # 2: Which spouse will stay in the home until the property is sold? #3: Who will pay for the mortgage, maintenance costs, and other expenses associated with the home until it is sold? #4: If one spouse wants to keep the home as part of the divorce settlement, what arrangements will be made to do so (refinancing, buying the other party out, etc.)? If both parties have agreed to sell, it’s time to find a reputable Realtor to represent your best interests and guide you through selling your home. If you would like additional information on this topic and others, please call us at #858-336-1114 or email to [email protected].