Collins Realty Group, Inc.
Georgene Collins
Georgene Collins

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Selling a Home in a Divorce



During a divorce, you'll likely have many questions about what happens to your home, your current mortgage, and even your credit rating. At Collins Realty Group, Inc., we are here to help answer these questions.   
Collin Realty Group Crown Point Selling Home in Divorce Image When you hire us, you receive many free services to help you sell your home faster.  And we do this for 4% commission! 

Free Services We Offer

Pre-sale home inspection
Aerial photography and drone video
Custom home address website
Professional Staging Consultation

 

Here are some frequently asked questions about buying and selling a home in a divorce.

What happens to my current home?

If you and your spouse own a home, there are two main routes you can take to reach a solution. You can sell the home and split the money, or one person can buy out the other by refinancing the mortgage.


How does a divorce impact my credit score?

Unfortunately for many, divorce is a time of great financial hardship and credit challenges. Because you are responsible for the mortgage until it is paid in full or refinanced, it is important that you remain current on the monthly payments.


Can I buy a new home if I'm still listed on the previous mortgage?

Yes, but it's sometimes difficult to buy another home until your divorce is Collins Realty Group Sell Home in Divorce Image 2final. In most cases involving child support and alimony, the payments must be received for a specific time period before you can use the funds as qualifying income. If you are a co-borrower on the mortgage for the prior home, many mortgage programs will allow you to qualify while excluding that debt.  Your bank or financial institution will guide you through the loan process. 


Should I use my family or friends who are Realtors?

Everyone knows at least one Realtor in their social network.  And under happy circumstances relying on a Realtor who is a family or friend is a great idea.  But divorces are often full of private details many spouses want to keep from their social network.  You want to pick a Realtor who is professional, experienced, trustworthy, and discrete without prior knowledge of your personal affairs.  While all Realtors are committed to ethical behavior, personal feelings may arise which could create a conflict of interest for you or your spouse.   

 

Why work with Collins Realty Group, Inc.?

We've helped other clients experiencing divorce buy and sell homes.  We understand the stress each spouse experiences and we uphold the highest integrity and fairness when working with both parties.  We communicate every step of the transaction according to the wishes of each spouse, knowing there are mutual and private decisions that may affect the sale of the home.  Finally, we understand the emotional impact divorce has on a family.  As retired caregivers, the team at Collins Realty Group, Inc. are advocates, not salespeople.  Our compassion and empathy guide you every step of the way as you rebuild your life.

Are you ready to sell your home?  Call Georgene today at 219-315-6569 to find out what yourhome is worth.

Terms:
Available to listing clients only
Seller agrees to list home within recommended price range
Subject to availability
Terms may change without notice

What my clients are saying  

We went with Collins Realty Group because they offered the full service that other Brokers were offering, but for only 4% instead of 5% or 6%. And they did a lot of other things the other Brokers could not do, and they were all for free. They provided a Home Inspection by a licensed Indiana Home Inspector. They built us a custom Website with our address as the URL. They helped us stage the home with a Certified Staging Professional. And they provided Drone Video and Photography by a FAA Licensed Drone Pilot. They said they did all this to help sell our home quickly and make the transaction as easy as possible for us. It worked. The transaction went very smoothly. Our house was opened for appointments to view on Friday, August 21st. By Saturday, August 22nd, we had 7 requests to view, 5 offers (2 for full price) and we accepted one of those. The closing was set for October 2nd and was closed on time. It couldn’t have been any better. Jeff and Kirsten Limbaugh

 

~ Jeff & Kirsten Airey

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