There’s no way around it. Divorce is painful. Even when it’s the best choice for a couple, it can hurt deeply. When there are children involved, it can be even more difficult. A family who has lived together – in harmony or not – must now be divided between two households, and no matter how you look at it, it’s hard. As real estate values continue to increase, the situation becomes even more complex.
Once a decision to part is made, a couple must choose how that will look. Who will stay in the family home? Who will move? If there are children, which parent will they live with?
There are several critical aspects of the sale of a home in a divorce situation. If one of the couple plans to take over the home, the equity position is an important factor. Sometimes, the family must come apart to the extent that everyone is forced to find a new place to live and one or both parties will be buying another property. Either way, equity position is important when deciding how to dissolve a home.
When children are involved, parents usually try to make the transition as smooth as possible. The fewer changes, the better. When feasible, seeking a residence that allows kids to stay in their schools and close to family and friends will make a huge difference.
Depending on assets and other factors, a divorce can be a lengthy process and the division of property especially that of a home can be stressful. An experienced realtor will be able to guide you through the process to help minimize some of the pressure you’re already under. The most important thing for a family’s stability will be the relationship between both parents. Statistics show children are deeply disturbed by parents arguing, especially when their security hangs in the balance. Whatever is going on is not their fault and they must be reassured. Don’t just say everything’s going to be okay, show it by being amicable!
Your home is more than just a house. When you must sell for whatever reason, making the right choices for your family in a divorce can be made easier if you and your spouse can put aside grievances and talk things through. Finding a realtor who can be impartial and advocate for both sides is essential. You and your spouse will be connected for the rest of your lives through your children. Take your time. Go easy on each other and treat one another with the respect each of you deserves. Nicole Stinson is a local Real Estate Broker, specializing in residential sales. Is often referred by family law attorneys to handle these sensitive circumstances. To contact her please call 661-816-4234 or visit www.nicolestinson.com