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How can you ensure financial stability and peace of mind going forward? It's important to seek answers to these questions now.
How can you ensure financial stability and peace of mind going forward? It's important to seek answers to these questions now.
It is important to sort out the disposition of your real property as soon as possible, and to remain current on any payment obligations until the property is disposed of, be it by sale to a third party or buy out, to protect your credit rating.
That may affect your ability to purchase a replacement home. There are steps you can take to minimize the negative effects on credit of a divorce. I can point you in the right direction to find more information and help about those.
I can help you determine whether a buy out of your real property is feasible-your credit rating will almost certainly change during and after the divorce, and that may affect your ability to get a loan to complete a buy out.
If you need to sell your house in order to move on, I can help you do so, in a way that maximizes your return, protects your sanity, and makes this huge disruption as easy on your family as possible.
I treat both divorcing parties with respect and do not pick a side.
In a divorce situation, it is important to determine an accurate net value for the asset, and any recorded claims to it, as quickly as possible. This is not the time to rely on a zestimate and your most recent mortgage statement to figure out the net. The difference between the number arrived at by using that approach, and a more precise valuation, can be tens of thousands of dollars or more. I can expedite the process of obtaining the necessary information.
Perhaps one party wants to buy the other out. That may, or may not, be feasible. It is important to move quickly to evaluate the feasibility of a buy out. If the buying party will need to finance, they're best off consulting a Certified Divorce Lending Professional as soon as possible. I can put you in touch with a CDLP.
If a buy out is not in the cards, the property should be priced properly and marketed aggressively right out of the gate. A listing gets the most attention during its first month on the market. You are likely to get your best offer during that first month. I can offer advice on how to prepare for marketing, and my marketing materials and systems are excellent.
The goal is to create as much certainty as possible as quickly as possible with respect to real estate, so that the parties can devote their time and resources toward resolving the rest of the issues in the case.