Should You Sell Your Home During a Divorce?

People who are facing divorce, often have the problem of trying to determine the best way to handle their mutually owned assets. Often times, this is something like a home. Since a home is a large asset that if not owned by either party exclusively it must be determined how the house will be managed and obtained by whom during the divorce.

For many couples this is never an easy process since neither party is generally open to letting go of the property without a fight.

The point is, what are you to do if you find yourself in a similar situation?

There are two options and are relatively straight forward.

1. Work out Your Problems and Keep the House

The first, and most unlikely to occur (but does seldom happen) is to work out the problems that ruined the marriage in the first place. This is never an easy task but can be done if both parties are willing to work for it and want to salvage their marriage.

Many people do not know how to go about the process and often tend to make matters worse. What most people don’t realize is that the inherent problems that broke the marriage apart are the same problems that are preventing the couple from working things out again.

The best solution is to take a break, not a divorce and spend time away from each other to “reset” their feelings and position on the relationship. From here, due diligence is necessary to ensure that adequate time is spent apart and both parties are willing to do what it takes.

2. Get a Lawyer and Fight for Your Home

The second option if you are not willing to part with your property is to fight for it in a legal battle. This is never an easy or pleasant process and may end up costing you a fortune in fee’s, but if you’re willing to put in that kind of time, energy, stress and money you may just come out on top and be able to keep the house.

If the home doesn’t mean all that much to you and don’t want to deal with the headache and hassle it’s sometimes easier to just take a cut of the home and part ways with your ex-spouse and let them have the home and take over the mortgage payments.

Out of both of these options, whether or not you choose to fight or not, there may be hope to reconcile the relationship.

There are a couple relationship coaches and experts that are teaching people how to do this everyday.

Two of my most recommended are Michael Fiore and T.W. Jackson.

Both of these guys have a long history of helping couples re-unite and fix their broken relationships. They both have websites where you can get more information from them and I highly recommend that you do so.

However it’s probably best if you check out reviews of their sites to see exactly what they can offer you before wasting your time with something you may not need.

So make sure to do that here:

And Here:

Wishing you the best in whatever you decide to do.