Should We Sell the House Before or After the Divorce?

Going through a divorce is a painful – but sometimes inevitable – process. More so, it requires dealing with several legal aspects, such as how properties owned should be divided, including the home you’ve been living in.

If you’re about to get divorced and are torn between whether to sell the house before or after the divorce, let us help you out. Here’s why you should sell the house before the divorce:

 

Funds for Your New Future

Divorce isn’t simply the end of a marriage, it’s the beginning of a new life. And you’ll need to find and pay for a new place to live in. Depending on your state’s marital property laws, you could be entitled to half of your home’s value. And cashing in on the house equity can go a long way toward funding your future. For instance, that money can cover a down payment for a new home or rental payments if you aren’t ready to commit to another property yet.

 

No After-Divorce Litigations

Another reason to sell your house before is that once you finalize your divorce, you’ll already have taken care of the division of this joint asset. There won’t be post-litigation surrounding the sale, and you won’t have to go back to court to argue about additional repairs needed or about taking a lower price than the listing price. All these issues surrounding the home sale will have been conducted when you were in court discussing other matters in your divorce.

 

Split the Money Easily

While other things can be divided easily between you and your soon-to-be ex-spouse, you can’t split your home in two. But when you sell the house before the divorce, you can easily split the money without worrying about negotiations for an equivalent exchange.

 

Need Help Selling Your Home During Divorce?

If you’ve decided to sell your home before the divorce, you need an expert to help you to sell fast and get the most out of the sale. Our real estate agents are specialists in divorce home sales, and we understand that any delay could also delay the divorce process. As such, we’ll ensure to expedite your home selling process – call us now and let’s discuss your future!