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Survive Selling Your Home During Divorce

divorce where will life lead you RE/MAX Capitol Properties

Divorce is a hard transition and often it is a turbulent experience.

We are not able to help you unfold and resolve all of the emotions that get paired with this experience, but we can assist you with some tips to help you sell your home during your divorce. Life may lead you in a variety of directions and the best way to be prepared is to know what you can control versus what is out of your hands.

Find the right agent.

Handling your real estate transaction through a divorce with ease can be accomplished if you select a real estate agent to represent you. If you work with a real estate professional you can have someone look at selling the home objectively without all of the emotion. The best way to do this and understand this is realizing this is now a transaction and selling your home is part of doing business. You have to sell your home to move on and it can be difficult to handle this dialogue with your former significant other. Therefore, an agent can handle this and navigate the overall situation on your behalf to make it a win win for both of you.

Pay your mortgage.

Make sure that you determine how the mortgage will be paid. If both spouses are on the mortgage then both will be responsible for paying their portion of the house payment. If not paid this can cause your credit score to reduce for both parties. Even if only one of you remains in the home, make sure that the mortgage is covered and does not have  a delinquency.

Moving out & your rights.

As long as your name is on the mortgage and title, or the home is legally recognized as an asset of the marriage, your ownership is established. In the State of Wyoming, there is also a homestead law as well that may be activated even if you are not on the mortgage. This is true even if your spouse gets a court order granting exclusive rights for the use of the property during the divorce. By having a trusted real estate agent handling the transaction you can make sure to be in the loop on all of the decisions about the sale of your home.

We are an agency that is focused on our families and we understand that sometimes the challenges that come with having a healthy family is divorce. If you need assistance navigating the sale of your home through a divorce, please reach out to us. We are happy to assist you and have experienced agents ready to help you. Give us a call at (307) 635-0303 or visit our website of resources HERE.

Also, remember that when you go to sell your home, you likely will need to find a new dwelling. We would be happy to assist you through this process too. We want you to find the right home and buy a house that will fit your new lifestyle needs. Again, give us a call and we will pair you up with an experienced agent to make sure you are well taken care of through this challenging time.


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