Divorce and the Home Selling Process

By
Real Estate Broker Owner with Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# IR40011786

Getting Divorced

Selling a home when there is an impending divorce can be difficult.     If both parties can be civil, it sure is easier on all parties, and a much smoother process.      Talking about the final result civilly will allow for good decisions made by all.

With years in real estate, I have been asked to sell many properties due to a pending divorce.     First, let's hope the divorce will be filed AFTER the home is sold, since this could put a cloud on the title.   If the divorce has been filed, an agreement from both sides as to the disposition of the property and proceeds is needed.

Recently, I sold a property with the couple that were very amicable, talked about every aspect of the sale, and truly was a smooth transaction.    All aspects of the transaction had been discussed by both parties, and was totally civil.    I had to admire this couple.   

I have also had a transaction where there was a restraining order Getting Divorcedfiled, and the couple could not be in the SAME BUILDING on the same day.     With having these parameters, you need to walk through all offers, closing documents and any other information TWICE.      I actually had to close the sellers on TWO DIFFERENT DAYS!    There could be hard feelings by one party (the other one that did not choose the agent), thinking the agent is on one side or the other if recommended, so the need for the agent to be neutral is imperative.

If one party has moved out of the home - it is better if there are still bathroom items and clothing by both parties still in the home, or the "reason for selling" will be evident.    When there is an offer written, agents can go into MLS and see the parties in possession, and if there are two names listed, one living in the home --- VOILA - you have the reason for selling!

 

Good communication is always better than hostile conversations!

 

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Metro Brokers - House to Home, Inc.House to Home

GRI, ABR, CRS, CNE, e-Pro  

Broker/Owner

Joan@JoanCox.com

720-231-6373

 

Denver Real Estate

Homes for Sale in Denver

Neighborhoods in Denver

 
  A Denver Metropolitan Realtor

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Re-Bloggged 2 times:

Re-Blogged By Re-Blogged At
  1. Wendy Hayden 11/01/2010 03:18 PM
  2. Jason Kardos 11/02/2010 04:41 PM
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Topic:
Home Selling
Location:
Colorado Denver County Denver
Groups:
Diary of a Realtor
Local Expert
REALTOR LIFE
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selling homes divorce
selling a home
denver real estate

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Rainmaker
1,276,788
Joan Cox
Denver Real Estate - Selling One Home at a Time
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373

Chuck, that is sad to watch a good friend go thru a divorce.    One of Realtor friends is just about finished too!    They go thru so many roller coaster rides with their emotions!

November 09, 2010 12:47 PM
Rainmaker
260,268
Wayne B. Pruner
Tigard Oregon Homes for Sale, Realtor, GRI
Oregon First

Keeping a transaction together during a divorce is very tricky. I'm not much of a shoulder to cry on.

November 11, 2010 07:33 PM
Rainmaker
1,276,788
Joan Cox
Denver Real Estate - Selling One Home at a Time
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373

It does take a lot Wayne, to keep the transaction together, all to be semi-civil!  

November 11, 2010 08:40 PM
Rainmaker
124,583
Matt Robinson
Pensacola Real Estate (850) 292-4000
ERA Emerald Coast Realty

Joan, I've also had a few doozies from divorce situations.  My favorite was when I was dealing with the wife who supposedly was given the house in the divorce and had full control, only to have a title search reveal that she had forged her husbands signature to deed the house out of his name, trying to justify it by the fact that she had a 10 year old power of attorney that had long since expired.

So fun!

July 21, 2011 12:35 PM
Rainmaker
1,276,788
Joan Cox
Denver Real Estate - Selling One Home at a Time
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373

Matt, unfortunately divorce brings the worst out at times, especially when money is involved.   Too bad they cannot get thru this process more civilized!   You doozie sounds like a bitter scorned wife.

July 21, 2011 11:37 PM
Anonymous
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Rainmaker
1,276,788

Joan Cox

Denver Real Estate - Selling One Home at a Time
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