Once your divorce is over, you might find yourself preparing for a move. This might be for a new job, or maybe just wanting a change of scenery. Either way, if you have ownership over the family home, you’ll have to consider the possibility of home selling post-divorce. There’s a few things in specific you’ll want to work on…
Home Selling Post-Divorce: Making Financial Moves
Finding an agent
The first step of home selling post-divorce is finding a real estate agent. Trying to sell your home by yourself will be an uphill battle. After all, selling a home isn’t always going to be easy. Therefore, it helps to bring in a professional to handle those more tricky details.
Still, you want to make sure you bring in someone who is qualified. Try to ask any friends of yours if they have an an agent they would recommend. You can also do this to see who you might want to avoid bringing in. Don’t forget to check online reviews as well, to see what others have to say.
Estimate the value
Getting an agent will help a lot with the home selling post-divorce process. However, you’ll also want to come up with an estimated value of your home. This estimate is going to be what you base your overall listing price on. Still, while your agent might help you come up with one, you have a few methods you can use.
These days, a lot of people use online calculators to come up with a rough value. Keep in mind, though, that these can be less accurate than other means. Your agent will probably help get you a more-accurate comparative market analysis, to see what homes similar to your tend to sell for.
Do some repairs
Don’t forget that getting your home itself ready is also part of home selling post-divorce. That means you’ll have to get it nice and clean for potential showings. You’ll also want to consider doing some repairs. Fixing up your house can add more value to it, meaning you get more from the final sale.
Most people tend to repair things like the floors, walls, and appliances. They might also add a new coat of paint, especially to make the home appear more “new”. Keep in mind that these repair can get up their in cost depending on how much is needed, so try to budget appropriately.
