When You Sell because of Divorce
If you and your spouse decide to sell your home, it will be important to work together through a professional to maximize your return. Differences aside, you both should be present when a listing contract is put together. Both of you should understand and sign this contract, and both should be active in the ultimate negotiations. By working together, you can maximize your equity; I have seen divorcing homeowner's loss money because of stubbornness and anger and a few couples file Bankruptcy. Many times the extra hardship could have been avoided.
When You Buy Your Next Home
Use the proceeds from your previous home or buy out to determine an affordable price range for your next home. Maintain a clear focus on getting the right home to suit your new situation. You may wish to review with an agent who offers a house-hunting service to help find a home that matches your new home buying criteria. This is a tough time, try to keep a cool head and use business common sense and you can get through this ordeal and work toward getting a fresh start.
