Should You Sell or Keep the Family Home?

Divorce - Should You Sell or Keep the Family HomeWhen you get married, have children, and decide to invest into a home for your family, you do so without thinking that you will someday have to decide whether or not you should sell or keep your family home in the midst of a divorce proceeding. Yet, for some, this is reality. Though this reality can be frustrating and overwhelming, there are also things that can be considered “refreshing” about it. Though you may, understandably, be going through the motions, it is important to seek legal advice and/or representation before going through this process alone. If you or a loved one is seeking information in this area, it is in your best interest to contact an experienced Birmingham family law attorney so that we can strategize about the best possible outcomes for your situation.

To Sell or to Keep?

Deciding to sell or keep your family home can be a humbling experience. This decision can become a power struggle between you and your divorcing spouse, and it can become difficult for the both of you to make this life-altering decision. In many cases, there is one spouse who would like to keep the family home during a divorce while the other would like to sell the home. Though there are some situations in which you will have no choice about whether or not to sell your family home, such as if a judge orders it, many times you will have that choice, and there are certain things that should be considered. When deciding to sell or keep the family home, you should consider the long-term cost of keeping the home after a divorce, including the maintenance costs of the home. You should also consider if you can afford the house on your own without your divorcing spouse, your housing options if you choose to sell the home, the current real estate market, and most of all, the benefits of selling the family home and allowing yourself a “do-over.” These decisions can be difficult, however, seeking legal advice and representation can help you fully assess whether or not it is beneficial to sell or keep the family home during a divorce.

Need Legal Advice?

Though you may be frustrated and overwhelmed during this time, some positives could come along with deciding to start over. This process can be a complicated one, but you do not have to go at it alone. We are here to help you during your time in need. If you or a loved one is seeking more information about the divorce process, it is in your best interest to contact an experienced family law attorney at Massey, Stotser, & Nichols, PC to help you with your case. Contact our office today.

Leave a Reply

Your email address will not be published. Required fields are marked *