Divorcing Couples Often Solve Real Estate Issues During Split

Pursuing divorce is a decision that shouldn't be taken lightly, due in part to the long list of questions that must be answered in order to complete the process. Of course, some Denver couples understand that it's the best option for them and their family. For many individuals dealing with divorce, one of the biggest issues to settle is what to do with the family home.

Not only is it a home full of memories, but it is also a valuable asset. This is why many couples may reach an impasse when trying to hand off or sell the house in a fair manner. Because settling this critical aspect of property division is often complicated, some realtors have made the decision to specialize in selling homes for divorcing couples.

In particularly heated divorce cases, selling a home may not be an easy task. Settling on an asking price, preparing the home for showings, and closing the transaction can be difficult if the couple that owns the home isn't communicating effectively. This is why there is a need for professionals who can handle the needs of divorcing couples.

Of course, a realtor may not be able to deal with all of the issues that can come up when dealing with a home in a divorce. In many cases, couples may decide that selling the home is not the best option for them. If a couple has children, for example, they may mutually arrive at the conclusion that the parent with primary custody will take ownership of the home.

Every divorcing couple has unique needs. This is why it's important to explore all available options when dividing important assets, especially when it comes to the family home.

Source: New York Times, "After the Breakup, They Help Sell the House," Elizabeth A. Harris, April 1, 2013

Tags: divorce, property division

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