Selling House Before or After Divorce is Final?

March 18, 2015

A house can be a sticky item in any divorce. Especially if you have been living with your spouse in the same house for many years, a house can represent more than just a home. It is a familiar setting, a place where friends and extended family come to visit and you have become quite fond of the nice elderly couple who lives next door. In short, it is difficult to move out of a house that you have gotten used to returning to every day after work. Even if you and your spouse cannot stand each other anymore, it is also the place where your children live; consequently, trying to figure out when to sell a house, before or after a divorce, is never an easy decision. Here are a few things to consider that might help you to effectively work through this issue.Should I Sell My House After the Divorce?Selling your house after the divorce will inevitably involve a bit of risk on both parties. Assuming that the court will split the amount obtained for the house equally between both parties in a d
http://bit.ly/1AEzhcb

Advertisements

Action Plan for Selling a Home

March 16, 2015

Once the decision is made to pull up stakes and seek a new piece of the American dream, there is much work to be done to sell my house fast.Research the MarketEvery community’s real estate market is different so seek out local professionals who can advise you on your home’s likely selling price.There’s a saying in real estate that you don’t want to buy the biggest house on the block or the smallest house. Keep this in mind if your house is out of the ordinary in your neighborhood. Talk to local real estate professionals about realistic pricing and do your own research. Setting the price too high in the beginning can lead to a longer time to sell. It can also lead to low-ball offers after the price is cut several times.Inspect and RepairNormal wear and tear can take its toll on your own little castle. An experienced home inspector can tell you what repairs are needed. Few buyers are looking for a handy-man special and most will get their own inspection during the purchasing process. Do
http://bit.ly/1GLPVKy


Selling Your Property Fast When You Relocate

March 13, 2015

If you have to sell property due to a relocation for your job or other reasons, you likely will want to sell the house as fast as possible. Here are a few tips on how to make that happen.Price it rightThe most important thing you can do when you are trying to sell your house fast because you have to move to another city or state is to get the price right. Price your home too high, and the house will likely sit and may not even attract potential buyers to look. Price it too low and you may not get enough out of your home. Having your Realtor do a market analysis should help you get the price right.Make it shineHomes that show well tend to sell faster, so when you need to sell your home fast because you are relocating, it’s important to make sure it is in the best shape possible. In addition to doing a thorough cleaning job, you need to declutter by removing as many unnecessary items as possible and putting them in storage. This includes depersonalizing the space by removing family phot
http://bit.ly/18hPw7e


The Best Way to Sell an Inherited Property

February 19, 2015

Selling an inherited property isn’t as cut-and-dry as selling a purchased property. Potential tax liabilities and hidden expenses are just a couple of issues that can prolong the selling process. If the predecessor leaves the property to two or more siblings, additional issues can arise if the siblings are at odds. Even with these potential snags, it is still possible to sell an inherited property in a very practical manner.The first thing you will need is legal advice from a real estate attorney. He or she can assist you with the probate process if it is a requirement for your property. They can also help you with the negotiations between other heirs that may be splitting the inheritance with you. Once you take care of the technical issues, the real estate attorney can check the property for liens and debt issues. If anything shows up, you will need to pay the difference prior to putting the house on the market.Once the attorney gives you the consent to sell the house, you should see
http://bit.ly/1G7gES2


Selling Real Estate Due To Divorce

February 16, 2015

In addition to the emotional toll of a divorce, there can be financial consequences as well. One of those often involves having to sell real estate.Deciding whether to sellWhether or not you have to sell your home during a divorce can depend on a number of factors. For example, if you have children, a judge may determine that it’s best for them to stay in the home along with the custodial parent. If one spouse bought the house and the other spouse’s name is not on the deed, that spouse may have less of a claim.Options for sellingThe best and easiest way to sell the home is for one spouse to release his or her claim in the home by filing a quitclaim deed. If both names are on the mortgage, then the spouse remaining in the home will have to be able to qualify for a mortgage on his or her own salary and also be able to pay the spouse who is leaving his or her share of the equity.The most common outcome of a divorce, however, is that the couple that is splitting up will have to sell the h
http://bit.ly/19mRIvc


Things to Prepare When Selling A House

February 11, 2015

I want to sell my house, but how do I get it ready? That’s a common question asked of realtors. They realize that you’re living there already and understand that it’s going to look lived in. It shouldn’t look cluttered and in disarray though. Buyers will know that you live there. Make the best impression that you can with what you have to work with.First impressionCurb appeal might be an overused phrase in the real estate industry, but it does create much of the first impression of a home. A well maintained lawn with trimmed shrubs and flowers is an eye catcher. A freshly painted front door with a shiny handle, along with a fresh and clean exterior mat makes the house smile from the outside while inviting the potential buyer inside.Less is moreInside, you want to create a roomy impression and capitalize on the natural light that’s available. Minimize on furniture and take all of those family pictures off of the wall. As long as you’re at it, spackle the nail holes and paint as much of
http://bit.ly/1zYcCt6


Selling Property During a Divorce

January 13, 2015

In most states, when one spouse to a marriage files for a divorce, an automatic stay results. That stay prohibits either party from disposing of any property in any way other than ordinary living expenses without order of court or agreement by the other spouse. It operates to maintain the status quo during the pendency of the proceedings while the court decides how to divide the parties’ property. If a state doesn’t have an automatic stay, a court is going to frown on any unilateral disposition of property without its permission or the consent of the other spouse.Judges ordinarily encourage and appreciate settlement of any issues that the parties are able to resolve. If a case is going to be resolved on a piecemeal basis though, the court wants to be made aware of that fact at one time or another through one means or another. Whether it involves a marital home, a vacation home or vacant land, if one of the parties to a divorce wants to sell property during the pendency of the divorce,
http://bit.ly/1BZ2wK3