Getting Divorced, Buying Or Selling Your Real Estate In Maine.
Getting divorced for better or worse, you find yourself buying or selling your real estate in Maine.
Maybe the divorce is a good thing in the long run but housing for the kids, yourself. So no one has to sleep in their car, couch surf. Or make too many household transitions.
To maintain a sense of home if the one you are in is not the one you will be getting your mail from here on out.
Divorce is crazy whether moving out of the family home happens or not.
But more of us than not are at some time in our life today in the divorced statistics.
The fine line between love and hate and just overall feeling of despair makes divorce and real estate not so friendly between splitting partners with joint ownership.
Sadness, a sense of failure and where do we go now that life plans tilt sideways. Time to help a property home owner needing to sell get centered. The divorce hangover lingers in the air and we hear, see, sense it as we list to sell a property in Maine. And when put to work to find a new set of rooms, roof and floor, backyard for the new real estate in Maine property listing buyer, there are a special set of rules to go by. In or out of a divorce means an extra set of considerations to help the home owner in one.
The stakes are high in divorce, buying or selling your real estate in Maine.
Because kids are involved, the mixed loyalties back and forth. And sadly the kids, the extended family get brought into the fray in the not always so friendly cross fire. Working with your “co-parent”.
The mother in law and others who are forced to pick divorced sides if they don’t maintain “Switzerland” neutral status for the kid’s sake.
If you own a home in Maine, or have title but a mortgage lien tacked on for a monthly payment, you can not sell it. Without everyone on the title deed on board. Those listed as grantee from back when the property was purchased all agree to become a grantor to convey their title interest.
Making any decision like listing and selling a home in Maine with a new fresh ex or one that will be after being bloodied up in court is difficult.
Trying to smooth things out takes time. Trust is at an all time low during and after a Maine divorce life event.
Unless you are one of the lucky ones where everyone after the divorce still gets along down the road ahead, things split sharply.
If the post divorce period everyone stays cordial, when folks sit together at family functions of all types. And when there is only one birthday party celebration not duplicate everything, the kids beam. Not worried about the tension, electricity that is in the highly charged air when bad mouthing and mud slinging continues. That’s designed to alienate Moms and Dads and their associated family members to shift loyalties.
Divorce and a home sale, division of real estate that involves a family.
It continues to be a slippery slope in day to day interaction for years to come for many. Our role as a Maine real estate broker is divorce and it’s affect on the property listings, usually a home sale.
So how about buying or selling real estate in Maine during a divorce? Can you? Should you? Talk to a local Maine attorney.
A Maine bank mortgage lender if a loan is being made on the new castle wants to see that final divorce decree. Even if you are 100% certain the chips will fall a certain way in the marital division of assets, expenses, future obligations.
Many of the homes in Maine sold to one half of the divorcing couple are put in Mom, Dad, Grampy or Gram’s name.
Or a better off than most uncle or aunt steps in to take the title to the new home in Maine. That will be transferred to the family member needing a home. As soon as the ink is dry, the divorce degree judgement is recorded and on file at the local Maine court house. Where the knot untying officially happens for all to see.
And everyone continues the journey to get on with their life to get those kids raised or our battered and bruised self esteem back in check.
Things go more wrinkle free in a Maine divorce when there is a split and no new boyfriends or girlfriends are hanging around I have learned. As a Maine real estate broker asked to list and sell a property, it makes a big difference when children are involved.
Or when there are no his, hers, ours for kids in the Maine home sale. Sadness and a sense of failure increase but children add greatly to the pain and suffering dimension.
Selling real estate, a Maine home during a divorce can happen.
If everything is agreed to with legal beagles scanning the paperwork, court orders, motions. And put in writing on what happens after the sale with any profit proceeds.
A bank, the lender with the mortgage on the Maine home of a divorcing couple is only concerned about those monthly payments or pay off of the remaining loan balance. The property taxes, house insurance all has to be current too. Pretty Vulcan and Spock like about the matter of what happens in a case of a divorcing property owner. Keeping everything at the bank in the black, not running in the red tends to avoid scrutiny or bank involvement.
Partial releases if a big acreage is involved to have a series of sales if they don’t trigger a subdivision come into play too.
A Maine real estate professional that has been through divorce, that knows his or her way around the financial circles and is skilled at marketing can guide the process.
Sensitivity to the parties, their kids is key in a divorce in Maine.
But keeping everyone on task and trying to limit the tendency of both partners that may want to spill some venom.
To paint the picture black concerning the other to maybe help justify the Maine divorce.
Which always begs the issue that if you loved him, her so much how can they be so awful now? What happened to change all that? But the task at hand is not to judge and take a side. Rather to help the parties get to the best solution place possible.
Affairs of the heart, greener grass, mid life crisis, being hurt at work or in an accident can change everything in life. It affects a marriage and can cause a Maine divorce.
As a Maine real estate broker, a REALTOR it is not my place to judge the parties but to help them buy and sell.
Assist any way I can in the mission to buy a home, sell a house in Maine or whatever the job demands. Same with estate sales where sometimes squabbling adds to the tension. Some salt to the wound.
Can one member of a divorce swing the payments on the existing, old home in Maine?
Is there a new significant other in the picture that takes up the slack to allow the house boat to stay a float? Often it is a situation where both can not buy out the other and pull off a mortgage by themselves so we have to sell the Maine home.
Do the best we can with the sale proceeds of the Maine home or working a short sale if upside down and each party starts a new. Into apartments, house setting or moving back home with Gram or Gramp can happen.
Transition adjustment is hard for everyone but once acceptance is reached in the grieving process, it is a short list of housing options.
Getting divorced, buying or selling Maine real estate. Pick the best for the family and keep moving to get under new shelter. Work your way back up into something more comfortable with hard work.
Divorce, buying or selling a property in Maine.
Local banks in Maine can help study what the numbers allow and can help move the ball along. But not if one lawyer in a Maine divorce says don’t pay this, don’t take care of that bill either. Often there just is no money to pay the housing expenses once each partner is on their own. And the folks owed money report the delay in payment and it dings their credit badly that can take years to recover from to consider home ownership again.
Just like when you are pre-approved for a Maine home loan, the advice to those in a divorce court proceeding are advised to not enter into more financial debt, don’t buy a new car, keep the same job and keep your nose clean.
Here to help! Lots of our out of state Maine real estate buyers are starting over. Heading into a new chapter of life in Maine. Reach out and connect. If you find yourself getting a divorce or surviving one and now buying or selling Maine real estate. Maybe a new home in Maine is your dream starting over. Here to help buying or selling that Maine home.
207.532.6573 | [email protected] |
MOOERS REALTY 69 North Street Houlton Maine 04730 USA