Selling your home when getting divorced

Selling your home and getting divorced are notoriously two of the most stressful events that can occur in a lifetime. Unfortunately, these two things can often go hand in hand.

Selling your home when getting divorced

Sometimes the simplest way to start afresh is to sell the property you own together and divide the proceeds between you. So, if you have decided to sell your house as part of your divorce settlement, the last thing you will want is to have a long and drawn-out selling process ahead of you.

Here is some advice to help you in the process:

Work out your budget

If possible, try to work out with your spouse how much you can accept for the property so that both parties will be in a comfortable enough financial situation to move on. Remember to factor in your legal costs as well to avoid any expensive surprises.

Prepare yourself for the possibility that to get a faster sale, you may have to accept a lower offer, although you might find this is worth it in the long run so that you can begin to build your new lives. A surveyor will be able to give you an independent and unbiased opinion of the value of your property; having an idea of this would help you when negotiating with buyers and estate agents and protect you from accepting any offer that is just too low for comfort.

Shop around for quotes to find a good conveyancing solicitor who you feel confident to be efficient and to keep you informed at every stage of the selling process. Many solicitors now have on-line case tracking systems which will help keep you up to date at any time of day or night.

Prepare your property for sale

One or both of you may have decided to move out of the home that you own. If this is the case, then it may be easier for you to ‘dress’ the property for viewing, as you can de-personalise the space more easily than you could if you still had all your belongings there. Hiring a removal company to put your non-essential items into storage could be helpful at this time, and it could also help you to review and separate your possessions.

Before you put your property on the market, give it a real tidy-up, as first impressions really do count.

Keep communications open

Divorce is a difficult time when emotions are likely to become fraught and it may be hard to think logically and act in a reasonable manner. Try to remain as amicable as possible with your spouse, as failure to do so could result in a delayed selling process, which could then result in failure to sell your property. If you really can’t bear to talk to each other regarding the sale of your property, perhaps you could ask a neutral party to act as a go-between for the both of you. Always seek legal advice regarding any decision that could affect your settlement.

Best of luck selling your house.

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