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THE COMPLETE GUIDE TO
SELLING YOUR HOME
DURING A DIVORCE
Brought To You By:
This guide is meant to provide a few helpful tips as you
begin the process of selling your home during this difficult
time. It is not intended as legal advice, and you should
consult your attorney before making any legally binding
decisions.
Decide If One
Spouse Can
Afford To Keep
The House
The first step is to decide
who, if either of you, wants
to keep the house and can
afford to do so on their
own income after the
divorce is finalized.
If One of You
Decides To Keep
The House...
The next step is to work out the details
of transferring ownership in your final
divorce settlement. Consult your
mediator or attorneys for this process.
Ultimately, you’ll need to refinance
so only the spouse keeping house is
on the mortgage.
We can set you up with a lender if you
decide to use this route.
541-797-3443 or 541-527-2030
If Neither of You
Keeps The
House...
Then it’s time to start
planning to sell the home
as part of your divorce
settlement. You’ll need to
work with a real estate
professional to determine
how much your home will
sell for under current
market conditions.
If You Have
Equity In The
House:
If your house will likely sell
for more than you owe on
the mortgage, you can
work with your attorneys to
set up whatever split of the
equity is appropriate for
your situation.
If You Owe More
Than The House
Is Worth...
If you’re not in a situation
where you can sell the
house and split the profits,
you may want to consider
a “Short Sale.” In this
case, the lender agrees to
accept less than what you
actually owe.
What You Need
To Know About
Short Sales:
A short sale is a last-ditch
effort to avoid
foreclosure. Short Sales
are a relatively complex
real estate transaction
that involves negotiating
with your lender. You
should seek the help of a
real estate professional.
If You Can’t
Refinance, Sell,
or Short Sell...
If one spouse can’t
refinance the house on
their own, if you can’t sell
the house and split the
equity, and if you can’t
arrange a short sale…
Foreclosure may be the
only way to dissolve
ownership during the
divorce.
No Matter What
Path You End Up
Taking...
Selling a home during a
divorce is likely the most
difficult real estate
transaction you will ever
endure. Don’t try to
navigate these waters
without the help of an
experienced real estate
professional.
What To Look
For In An Agent...
This is NOT the time to
casually reach out to your
friend’s cousin who just got
her real estate license.
Selling a house during a
divorce requires
negotiation and
relationship skills that most
new agents simply don’t
have.
Look For Two
Things:
First, the real estate
agent you work with
should have proven track
record of success in
selling homes quickly. In
the middle of a divorce,
the goal should be to sell
quickly and move on.
Find an agent who can
get the house sold fast.
Look For Two
Things:
Second, work with an
agent who has
experience working with
divorcing couples. A good
agent knows how to
tactfully communicate
with both spouses and
knows that it’s their job to
serve both of you to get
the home sold.
I hope this free guide was
helpful for you!
If you have any questions about
selling your home during this
difficult time, I’d be happy to
help answer them.
(541) 527-2030
MRSBendHomes@gmail.com
MRSBendHomes.com

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Guide to selling home during a divorce

  • 1. THE COMPLETE GUIDE TO SELLING YOUR HOME DURING A DIVORCE Brought To You By:
  • 2. This guide is meant to provide a few helpful tips as you begin the process of selling your home during this difficult time. It is not intended as legal advice, and you should consult your attorney before making any legally binding decisions.
  • 3. Decide If One Spouse Can Afford To Keep The House The first step is to decide who, if either of you, wants to keep the house and can afford to do so on their own income after the divorce is finalized.
  • 4. If One of You Decides To Keep The House... The next step is to work out the details of transferring ownership in your final divorce settlement. Consult your mediator or attorneys for this process. Ultimately, you’ll need to refinance so only the spouse keeping house is on the mortgage. We can set you up with a lender if you decide to use this route. 541-797-3443 or 541-527-2030
  • 5. If Neither of You Keeps The House... Then it’s time to start planning to sell the home as part of your divorce settlement. You’ll need to work with a real estate professional to determine how much your home will sell for under current market conditions.
  • 6. If You Have Equity In The House: If your house will likely sell for more than you owe on the mortgage, you can work with your attorneys to set up whatever split of the equity is appropriate for your situation.
  • 7. If You Owe More Than The House Is Worth... If you’re not in a situation where you can sell the house and split the profits, you may want to consider a “Short Sale.” In this case, the lender agrees to accept less than what you actually owe.
  • 8. What You Need To Know About Short Sales: A short sale is a last-ditch effort to avoid foreclosure. Short Sales are a relatively complex real estate transaction that involves negotiating with your lender. You should seek the help of a real estate professional.
  • 9. If You Can’t Refinance, Sell, or Short Sell... If one spouse can’t refinance the house on their own, if you can’t sell the house and split the equity, and if you can’t arrange a short sale… Foreclosure may be the only way to dissolve ownership during the divorce.
  • 10. No Matter What Path You End Up Taking... Selling a home during a divorce is likely the most difficult real estate transaction you will ever endure. Don’t try to navigate these waters without the help of an experienced real estate professional.
  • 11. What To Look For In An Agent... This is NOT the time to casually reach out to your friend’s cousin who just got her real estate license. Selling a house during a divorce requires negotiation and relationship skills that most new agents simply don’t have.
  • 12. Look For Two Things: First, the real estate agent you work with should have proven track record of success in selling homes quickly. In the middle of a divorce, the goal should be to sell quickly and move on. Find an agent who can get the house sold fast.
  • 13. Look For Two Things: Second, work with an agent who has experience working with divorcing couples. A good agent knows how to tactfully communicate with both spouses and knows that it’s their job to serve both of you to get the home sold.
  • 14. I hope this free guide was helpful for you! If you have any questions about selling your home during this difficult time, I’d be happy to help answer them. (541) 527-2030 MRSBendHomes@gmail.com MRSBendHomes.com