One of the most stressful events you can possibly go through in life is when you need to sell your house while going through a divorce. Memories can inevitably cause you pain but to keep yourself sane during the whole process, it’s a good thing that there’s certainly a way to reduce some of the tension. 

It may be quite challenging to try to continue living in the family home when one partner leaves. You may have to transfer mortgages, gather enough assets to equalize the value of the divorce, or even be able to afford the mortgage payments alone.

Selling the house you jointly own and dividing the earnings between you might occasionally be the simplest method to start again. The last thing you will want is a lengthy and drawn-out selling procedure if you have opted to sell your home as part of your divorce settlement.

Here are our top six recommendations for selling your home after a divorce.

Decide your priorities together.

In order for both parties to be in a comfortable enough financial position to move on, try to come to an agreement with your husband on how much you can take for the property. To minimize any unexpectedly high charges, don’t forget to account for your legal expenses as well.

Be ready to accept a lower offer in order to obtain a quicker sale; you may discover that this is worthwhile in the long run so that you may start constructing your new life. A surveyor will be able to provide you with an impartial appraisal of your house, which can benefit you when haggling with potential buyers and real estate agents and safeguard you from accepting an offer that is simply too low. You may both feel secure knowing that you have received an unbiased expert advice, not one from someone who is taking sides, when going through divorce processes and allocating assets.

Compare prices to select a reputable conveyancing lawyer who you feel is effective and will keep you updated throughout the selling process. Many law firms now provide online case monitoring tools that can help you stay informed day or night.

Take steps to protect yourself. 

Selling is not necessarily a simple or quick process. It is worthwhile contacting Land Registry to obtain a Notice of Home Rights if you are still residing in the home but it is not in your name. This will prevent your ex-partner from selling the property without informing you first. Ideally, this wouldn’t be necessary, but it’s crucial to take precautions for your safety.

Clear the house out. 

You could have already left the house you’re selling, either one of you or both. If this is the case, “dressing” the property for a viewing may be simpler for you as you can depersonalize the area more simply than you could if all of your stuff were still there. Now could be a good time to assess and organize your belongings by hiring a moving company to store your non-essential stuff while you do so.

Prepare the budget.

Remember all the expenses related to selling your house and how they will be shared between you. When dividing the earnings from the sale of the property, this must be taken into consideration if you have kept up with your financial obligations such as the mortgage and payments since separating but before the sale closes. You should both want to get the highest price when selling your property, so keep your documents organized and be clear about who is responsible for what when it comes to selling the house. Try to stay objective, kind, and direct throughout the process.

Do not bring up divorce. 

It’s better to remain quiet about your purchase from a divorced spouse unless specifically asked because doing so can turn potential purchasers off. They are aware that the procedure theoretically doubles if both of you are looking for new apartments, but obstacles frequently arise as a result of communication issues between ex-spouses, reluctance to move on, or pricing disputes. Additionally, it may put you at a disadvantage because if potential buyers find out you are divorcing, they may assume you are eager to leave and move on with your life as soon as possible. As a result, they may make you an unreasonably low offer in the hopes that you will take it in order to move on.

If the prospective buyer inquires, you shouldn’t outright lie, but you should take steps to mitigate the risk, such as having one or both parties to a divorce move in with relatives or into rented housing to break the chain, to reassure the buyer that you’re making every effort to prevent the matter from coming up.

Remember all the expenses related to selling your house and how they will be shared between you. When dividing the earnings from the sale of the property, this must be taken into consideration if you have kept up with your financial obligations such as the mortgage and payments since separating but before the sale closes. You should both want to get the highest price when selling your property, so keep your documents organized and be clear about who is responsible for what when it comes to selling the house. Try to stay objective, kind, and direct throughout the process.

Embrace fresh starts.

The two most stressful life events are thought to be selling your house and getting divorced. But it’s critical to take a breath and anticipate the following step, which is choosing a new residence. Choosing a house that suits your requirements and preferences may be a terrific fresh start even though leaving behind memories can be heartbreaking. Try to relish the experience of looking at various housing options in various neighborhoods based only on your preferences; take pleasure in not having to make compromises in your decisions, and remember that the sooner your house is sold for a fair price, the sooner you may move on.

Source: 

https://www.reallymoving.com/conveyancing/guides/selling-your-home-when-getting-divorced