There is frequently one large asset that divorcing couples must consider as they begin to separate their lives and finances—the marital home. Site of many good and bad memories, the marital home comes with a lot of baggage. Frequently, one party wants to stay in the marital home, though, depending on the finances, that isn’t always possible. It may be necessary to sell the marital home and to purchase or rent two separate homes or apartments. So, what is the role of the real estate divorce specialist in the Florida collaborative divorce process?
How Does Real Estate Factor into Collaborative Divorce?
The marital home is often the largest asset divorcing couples share. While splitting a 401K or Roth IRA is never fun, it is generally not as difficult as determining whether and how to sell one’s home. Having a real estate divorce specialist who understands the complexities of divorce can help make the process easier.
This is one of the many benefits of a collaborative divorce.
In most cases, the marital home is seen as belonging to both parties. That means it’s essential for both parties to work together to sell the home. While some duties may be assigned to one party or the other (for example, scheduling showings or painting the trim), both parties are expected to be part of the process and to meet with the real estate agent, who, because he works for both parties, should be considered a neutral.
A real estate divorce specialist may also help parties find new accommodations for post-divorce life. Because these will be separate homes or apartments, the real estate agent will confer solely with the future resident in this scenario. Utilizing information gathered by the financial neutral and agreed to by both parties, they can assist divorcing parties in locating housing that fits their budgets.
Choosing a Real Estate Divorce Specialist
Choosing a real estate agent and selling one’s home isn’t necessarily easy under the best circumstances. Doing so during the pressure cooker of a divorce can be even more challenging. If it is determined that selling the marital home or other property during the divorce is in the best interest of both parties, you may be able to seek a recommendation for a real estate divorce specialist from your Tampa collaborative divorce attorney or your certified divorce financial analyst.
The main goal is to choose an agent who understands your family’s delicate situation and is willing to work with both parties.
Is Collaborative Divorce Right for You?
Consider consulting with a skilled Tampa collaborative divorce attorney if you’re considering a collaborative divorce. During your consultation, you’ll learn about your different options and have an opportunity to voice your concerns. Every case is different, and consulting with a Tampa collaborative divorce attorney allows you to discuss the specifics of your situation to determine better whether the collaborative divorce process is appropriate.
There’s a lot of information available online regarding collaborative divorce. However, it is always best to
speak with a Tampa collaborative divorce lawyer to learn more about how this process may work for you. Once you’ve established a relationship and determined that you’d like to proceed with a collaborative divorce, you can share information with your spouse so they can learn more about the process and discuss other necessary professionals with your collaborative divorce lawyer.
