Selling a home during a divorce is a complex process that requires careful decision-making to avoid costly errors. Here are common pitfalls and how to steer clear of them:
Skipping Professional Advice
Attempting to navigate the sale without consulting a real estate agent or legal advisor can lead to financial and legal complications.
Emotional Decision-Making
Letting emotions drive decisions about pricing or offers can hurt your financial interests.
Failing to Agree on Terms
Disagreements about timing, pricing, or proceeds distribution can delay or derail the sale.
Overlooking Home Preparation
Neglecting repairs or staging can lower your home’s market appeal.
Ignoring Tax Implications
Dividing proceeds without understanding tax consequences can lead to unexpected costs.
For a more detailed guide, check out Best Selling Options in a Divorce.
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