"Selling a shared home during a divorce can be emotionally and financially complex, but with the right plan, it can be handled more effectively."
"Couples typically choose to sell the home and split proceeds, conduct a buyout, co-own temporarily, or trade for other assets."
Selling a home during or after a divorce can be a complicated decision influenced by emotional, financial, and legal factors. Couples often face the challenge of deciding what to do with shared property, which can be a significant asset. The article outlines key options: selling the home and splitting proceeds, one spouse buying the other out for financial stability, co-owning temporarily, or trading the home for other large assets. Each option carries its pros and cons, helping individuals choose the best path based on their unique circumstances.
Read at Redfin | Real Estate Tips for Home Buying, Selling & More
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