How to Avoid Costly Housing Mistakes During and After a Divorce

One of the most difficult decisions that a couple may be forced to make is the choice to start divorce proceedings. Getting a divorce is challenging on an emotional level, but it also comes with its own difficulties on a practical level. For many couples, those practical issues include custody over the children and dividing assets (depending on the specific laws of the state in which you live). Another critical element that will need to be discussed is how the divorce will affect your home, the loan you took out to purchase the home, and taxes related to the property. 

How Will Divorce Affect a Home, the Home Loan, and Taxes?

The unfortunate scenario plays out hundreds of times every year all over the country: a couple is getting a divorce and must figure out the logistical nightmare of the house, the loan taken out to buy a home, and the taxes related to the property. Not only will the divorce take a toll on the emotions of the individuals involved, but it will also cause chaos with their financial situation, including how to deal with the mortgage and taxes.

In this situation, then, it is essential that homeowners have all of the information they need to make well-informed decisions about their homes and mortgages. During this challenging time, getting the most straightforward, specific answers to their questions will be the key to making the right decisions. That is why it is wise to consult with a neutral third party with no vested interest in either individual when it comes to these critical matters. 

At Your Home Sold Guaranteed Realty – Joe Cox Home Selling Team in the McDonough area, our team has developed a comprehensive guide to helping individuals going through a divorce find out everything they need to know about the ways in which the divorce will affect their homes and mortgages. You can get FREE instant access to our special report “Divorce: What You Need to Know About Your House, Your Home Loan and Taxes” just by filling out the form below. 

How to Avoid Costly Housing Mistakes During and After a Divorce

During a divorce, each person will need to make important choices for themselves that will affect their futures. When it comes to the house that you and your spouse lived in, there will be many different questions to answer. Those answers could have a major effect on your future life. 

With the right information and assistance from an experienced real estate agency such as Your Home Sold Guaranteed Realty – Joe Cox Home Selling Team in McDonough, you can work to avoid making costly mistakes when answering particular housing questions.

Some of the critical questions you will need to address include:

• Will I continue living in the house?
• Can I handle the memories and emotions of the house?
• Do I need a fresh start?
• What kind of change can I afford?
• Will selling a house help with the cost of moving and buying a new house?
• What will your new budget be?

These are all major decisions to make, and only you will be able to choose what your future holds. It is important to be aware, though, that you will likely have to deal with certain financial ramifications of any decision you make, so getting as much information about divorce and your home will be vital to being able to minimize the challenges.

In order to avoid costly housing mistakes throughout the divorce process, check out our special report: “Divorce: What You Need to Know About Your House, Your Home Loan and Taxes”. With Your Home Sold Guaranteed Realty – Joe Cox Home Selling Team on your side, you will be able to navigate the challenges of divorce and dealing with your home. We offer our report to you absolutely FREE of charge, and you will get instant access when you complete the form below.

Avoid Costly Divorce Mistakes By Checking Out Our Report for FREE

Our report is available to you for FREE and with no obligation to list or sell a home in the McDonough area. Simply fill out the form with the required information and you will have instant access to the report. Or, call The Joe Cox Home Selling Team at (404) 882-8200 or contact us here, to find out more.