Buying A Home After A Divorce

A Fresh Start Begins With The Right Move

If you’re interested in buying or selling a home in central Denver (or anywhere in the Denver metro area), let’s talk. Please call (303) 222-0027, or e-mail contact@centraldenverhomes.com.

With divorce, comes a bunch of decisions, most notably where you’ll live. Whether you’re selling a shared home, buying a place of your own, or doing both at once, the process can feel overwhelming. With patience, support, and compassion, we can help guide you through these weighted decisions.

There are unique factors to consider when you’re buying or selling a home because of a divorce

Shared Home
In a divorce, the shared home is often the largest shared asset. Couples typically need to decide whether to sell the home and split the proceeds, have one spouse buy out the other, or defer the sale. If you decide to sell your home and/or need to buy a home, we can help with both of these transactions.

Working With Both Of You
If you’re selling a shared home, it’s important that both of you are comfortable with the real estate agent you choose. We’re happy to meet with one or both of you in an initial meeting to see if we’re a good fit. If we decide to move forward, we’ll help both of you keep the focus on the sales transaction – pricing, staging, marketing, negotiation, and closing. Without taking sides, we’ll keep the process as smooth and civil as possible. And if one or both of you need help finding a new home, we can assist you with that as well.

Financial Situation
Before you decide to go house hunting, however, it’s a good idea to get a clear picture of your budget and finances, including: income, assets, debts, support payments, and mortgage qualification requirements. With a good grasp of these, you’ll know what you can afford to buy.

Children’s Needs
If you’re a parent, undoubtedly, your children’s needs will heavily influence your decision. Type of home, location, school choices, neighborhood amenities, and proximity to the other parent might all factor into your decision.

Your Next Home
For your next home, it can be helpful to think about what you truly need, not necessarily what you had. You might want a low-maintenance condo, or conversely extra space for children, hobbies, or a home office. Ideally, the right property should support both your current needs and your future goals, without stretching you thin financially.

A Fresh Start
While divorce entails loss, it can also mark the beginning of a new chapter in your life. You get to make the decisions now. It’s okay to feel excited. Your next home is out there waiting for you, and this time, it will be all yours!

For more information about buying or selling a home in Denver because of a divorce, or to schedule a free real estate consultation, please call (303) 222-0027, or e-mail contact@centraldenverhomes.com.

Please note: Our office is in Cherry Creek, and we help people buy and sell all types of homes throughout the Denver metro area, including the Washington Park, Cherry Creek, Bonnie Brae, and Belcaro neighborhoods.