Bernie Stephan, Eco Realty - Managing the Real Estate in a Divorce

THE EMOTIONAL SIDE OF SELLING

If the marital home has been the center of family life, it may serve as a constant reminder of what once was and is no longer. While sentimental attachment can be strong, lingering in the past can make moving forward more difficult. Selling the home allows both spouses to receive their share of the proceeds, make a clean break, and start fresh. Once the decision to sell is made, there is a long list of tasks to complete—staging, repairs, listing, and negotiations. These responsibilities are challenging under the best of circumstances and are often made more difficult by the emotional weight of divorce.

LIABILITY CONSIDERATIONS

One of the most compelling reasons to sell the home is liability.