Divorce comes with several decisions regarding your former life with your soon-to-be-ex-spouse and your new life as a single person in Florida. What do you want to do with your marital home?
To help you decide, see what U.S. News & World Report says about the matter. Learn how to set yourself up for success and make a decision you feel comfortable with.
If the local housing market does not look great right now but you feel selling your marital home makes sense, delay putting your property on the market. Even if now is a great time to sell, you and your current spouse may have shared children whom you do not wish to uproot yet. Either way, selling your home later could offer the most favorable option.
Maybe you want to strike now while the real estate iron burns hot. While preparing your home for viewing, speak with a real estate or financial professional about how much you should expect to pay your real estate agent in commission, and how much it costs to make minor repairs or upgrades to your home before selling it. Also, do not forget to figure out your tax situation when selling your property.
If you opt to sell your marital home later for the sake of your children, consider nesting if you and your current partner want your own space during and after the divorce. With nesting, you and your soon-to-be-ex share an apartment that one of you stays in while the other lives in the marital home with the kids. In the meantime, you have time to consider which neighborhood and living arrangement suits you and your new life when the time comes to put your home up for sale.