Selling a property while getting divorced
Unfortunately, you can’t always plan for every aspect of your life and sometimes the unexpected can happen and you find yourself in a situation where you’re handling the unknown. If you are married and your relationship breaks down then you may have lots of difficult decisions and choices to make in the near future as you go your separate ways.
One of the biggest things to consider when divorcing is what happens to your family home. In some instances, either you or your ex-partner may want to keep the property, but it is more common for couples separating to sell their joint property and invest separately in somewhere new to live. If this is your current situation, and you’re looking for some advice, keep reading today. The team here at Moovingo have put together a list of basic steps to follow to make the whole process as stress-free as possible.
Seek assistance from a solicitor and an estate agent
Selling a house can be a difficult process at any time in your life and with the added complications of a pending divorce, or a recently completed divorce, then it is best to seek assistance from professionals. Whilst you are able to sell a house privately, in this situation it may not be the best decision.
It may be difficult to decide on an agent to use, especially if you’re struggling to communicate at this moment in time. We would always recommend that you do your research, consider additional costs involved and ultimately choose an agent that will make things easiest for you both during this time. Once you have decided, your agent will be able to handle everything. One of the many advantages Moovingo has over other agents is the private online dashboard, which means either party can login 24/7 and view the progress of your sale. We also have much lower fees, as we understand you may want to maximise your portion of the sale, and we have worked with a lot of divorcing couples who want to achieve this.
Get a valuation and settle on an asking price
Next, you should ask your agent for a valuation and go on to settle an asking price for your home. Again, you will need to agree on this, but your agent will be able to provide you with their professional opinion in this regard which can make things easier. Of course, if you’re hoping for a quick sale then you may want to reflect this in your asking price too.
Prepare your property for sale
Whenever you sell a home, it is important to ensure that it is in a suitable state to welcome potential buyers. You may find that you need to undertake some small repairs or decorating work to be able to sell the property for the price you’d hope for.
Whilst this might not be something you complete together, it is an essential step in the process of a sale. If you have both already moved out of the property then it may be beneficial for one of you to go back to the house and give it a once over before you start accepting viewings.
Divide any proceeds upon completion
Once you have accepted an offer then the sale can go ahead and all required processes can be undertaken. Of course, once the sale has completed and you have paid all required fees then you will need to divide any proceeds. This will be managed by your solicitor.
It is beneficial to work closely with your solicitor in this regard as you will need to ensure that any proceeds are divided in line with the terms of the divorce, and there may also be other factors that need to be taken into consideration too. You can trust that they will be able to advise you correctly throughout this last stage.
How Moovingo can help
If you’re searching for an agent that can assist you in regard to selling your property in Dublin, please don’t hesitate to visit the Moovingo website. Our experienced team can provide you with a discreet service including an accurate property valuation in Dublin and also offer you a full estate agent service too. You can trust that we will do all we can to assist you with the sale of your property at this time and it is always our aim to get you the best possible price for your home as quickly as we can.
To speak to a member of our sales team about selling a house in more detail, please contact us today. You can reach us here at Moovingo by calling 01 516 9999 or completing the contact form on our website and we will gladly assist you further. Whether you require more information about our services or you’d like to arrange your property valuation in Dublin, we are happy to help.