Thinking of Divorce? Do Real Estate Planning First!
Divorce. It may be the hardest thing you ever do. And, many times, thinking about what to do with the family home is the last thing on your mind.
But, consider the fact that your home is perhaps the most valuable asset you own. Making sure that your largest asset, and both spouses' interests, are protected during a divorce is critical.
As a Real Estate Collaborative Specialist – Divorce (RCS-D™ REALTOR®), I can tell you that planning for your real estate first, before taking any other action in a divorce, will significantly lessen the upheaval of divorce.
Advantages of Working with an RCS-D™ REALTOR®
You’ll Work with a Real Estate Divorce Expert – Real estate advisors are among the few professionals who must represent both parties in the divorce. The services of a REALTOR® who knows how to unite the interests of both parties in a divorce, to make sure both spouses are protected, is invaluable.
You’ll Make an Informed Decisions – Surprisingly, keeping the house after a divorce can often cause a variety of problems. Without accurate research, the cost of homeownership can be understated, making it difficult or impossible for the remaining spouse to maintain the home. And, hidden debt can represent undisclosed liens against the property. I’ll work with you to ensure that you make decisions based on all the facts.
You’ll Have Evidence of Your Home’s Value – Developing a strategy for real estate before divorce papers are even filed avoids common pitfalls. For example, homes that are being kept by one party in a divorce are typically overvalued. Very often, the value of the home is set based on an agreed-upon value between spouses. I can do the research and gather the information that will result in an accurate valuation. You’ll make an informed decision about the disposition of the home - before the courts divide the home’s equity between divorcing spouses.
You’ll Avoid the “Divorce Home” Sales Problems – Selling a divorce house is not the same as selling a non-divorce house! If your home screams “divorce” during a sales process, it will be a significant disadvantage when negotiating with buyers. You can retain the equity your home represents. And I can help you address the home’s Condition and Presentation to ensure a successful sale.
Call me at 615-319-9294 to protect your assets and avoid unneeded emotional distress. You can also use the form below to send an email.
Denise Ruiz
RCS-D™ REALTOR®
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