3 Options A Divorcing Couple Has & the 7 Things You Must Know When Selling a House as part of a Divorce
The 3 Options when getting a Divorce and a house is involved:
If you do not want to sell, you have the option of possibly buying out your partner’s legal interest and keeping the home.
You could negotiate to occupy the home for a period of time. This would typically be an option if children are involved.
Sell the house and move on. This way, both parties receive a fair share that could be invested in new properties.
7 Must Knows When Getting a Divorce & Selling a House
Pick an Agent who is objectively qualified in Divorce Sales
It is worth the time to find an agent who specializes in working with separating couples as this situation can present a unique set of challenges. In many cases when working with a divorcing couple, a real estate agent will double as a mediator.
You need to find an agent that both can trust and feel comfortable with. An agent where neither person feels that the agent is on the other person’s “side”. It is always recommended to pick a fair and neutral Realtor rather than hiring a family friend or mutual acquaintance. Picking an agent where there is no connection will help build each individual's trust that their personal situation is not getting back to their personal sphere.
It is always recommended that both parties be present for any listing interviews. It is important that the divorcing couple understand that their agent represents both of them equally. Oftentimes when one party...
Top 3 Reasons Selling House During a Divorce is Worth It
Selling the marital home is often one of the first thoughts that come to mind during a divorce. It’s not only for emotional reasons that people sell but also for legal reasons. Undeniably, selling house during a divorce can be a very stressful experience, but it can be worth it.
In this article, we’ll take a look at why people sell their houses during divorce, the benefits and best ways to do it, and the necessary help you need to make the entire process as painless as possible.
What if I don’t want to sell?
That’s a fair statement. You’ve made memories in your house, and for many, that’s hard to let go of. But, who gets the house in a divorce? Most couples who divorce go through one of three scenarios:
First off, if you do not want to sell, you have the option of possibly buying out your partner’s legal interest and keep the home.
Secondly, you could negotiate to occupy the home for a period of time. This would typically be an option if children are involved.
Lastly, it may be necessary to sell and move on. This way, both parties receive a fair share that could be invested in new properties.
Deciding to sell your house is a very personal decision, but knowing the benefits of selling could help you make a decision. Let’s look at some of the reasons selling could be to your benefit.
Legal Reasons Selling House During a Divorce is Worth it
Divorce can be peaceful and reasonable when the parties are capable of dealing with each other. Unfortunately,...
NEIGHBORHOOD GUIDE - SOUTH BOSTON, MA
With its rich history and strong sense of community, South Boston is an evolving, vibrant neighborhood located in Boston, MA.
From the Departed to Good Will Hunting, South Boston (colloquially known as ‘Southie’) has been the setting of many well-known movies over the years. However, you’ll find that South Boston is quite different from the neighborhoods these movies have often portrayed.
This traditional community is one of the city's most storied and historically rich areas, but don’t make the mistake of thinking it’s stuck in the past! Over the past few years, South Boston has been changing and reinventing itself. The community has seen new life with the opening of new restaurants, hotels and markets all over, as well as new housing developments, from stunning condos to the refurbishment of many of the original Victorian-era style buildings.
Neighborhoods here are filled with life and character. And, with the influx of working professionals and families streaming into the area, it’s no secret that South Boston has become one of the city’s most sought-after areas.
Click Here to search all Homes For Sale in South Boston
History of South Boston
Previously fertile farmland, the first formal settlement in South Boston dates back more than 350 years, with the Anglo-Saxon Protestant Puritans’ arrival in 1635. This piece of the neighborhood's history is quite ironic since South Boston would later become famous as a haven for Irish Catholic immigrants in the following centuries.
After being annexed in 1804, South Boston became a center of rapidly growing industrial development. As factories producing everything from glassworks...