How Divorce and Your Vistancia Home Affects You
If you are contemplating getting a divorce and your Vistancia home is left in the lurch, you have a big decision to make.
Rather than relying on emotions that could cost you dearly, deciding whether or not to sell your Vistancia home should be a non-emotional decision.
Your Home Sold Guaranteed Realty AZ can give you the straightforward no-nonsense answers to the questions that matter most to you during this difficult time.
Should You Stay or Should You Sell?
Deciding whether to sell your house or keep it is a decision only you can make. There are certain considerations to keep in mind when deciding. To address these issues, we’ve created a free special report entitled “Divorce: What You Need to Know About Your House, Your Home Loan, and Taxes.” For instant access to our report, complete the form below.
The first step in deciding whether to sell or keep the house is to ask yourself the following questions:
- Does your home bring you joy and security?
- Does your home remind you of unpleasant memories?
- Do you want to minimize change by staying?
- Do you want to sell your home and move with a fresh start?
Divorce and Your Vistancia Home: 4 Options
If you choose to sell your home, you have 4 options:
- Sell the House Now and Split the Proceeds
- Buy Out Your Spouse
- Have Your Spouse Buy You Out
- Retain Joint Ownership
1. Sell the House Now and Split the Proceeds
If you choose to sell the house now and split the proceeds, we can help. Our realtors will help you maximize your selling price, giving you top dollar for your Vistancia home. We can also help you calculate what your share of the proceeds will be once the home is sold.
2. Buy Out Your Spouse
If you are considering keeping the house and buying out your spouse, you’ll need to determine whether or not you can keep up with the monthly expenses once you do. You’ll also need either money or assets to buy out their portion of the equity.
3. Have Your Spouse Buy You Out
If you decide to give up your portion of the house, you have the opportunity to start over in a new home. You’ll want to make sure that the home is refinanced so that you can qualify for a new mortgage in the future.
4. Retain Joint Ownership
Some divorcing couples choose to retain joint ownership of the home even though only one spouse is living there. Bear in mind that should you choose to no longer have joint ownership in the future that tax considerations may change.
Divorce and Your Vistancia Home: Guaranteed Sale
If you’re concerned about divorce and your Vistancia home, Your Home Sold Guaranteed Realty AZ can help. We guarantee that your house will sell for top dollar – or we will buy it from you for cash! To get started selling your home, call us at 623-283-2067, contact us here or fill out the form below for more information.