Learn About Selling and Splitting the Money
Divorce can be tough, and dealing with a house in the process can make it even harder. 🏡
When facing this situation in Calgary and surrounding areas, knowing what happens to your home during a divorce is essential. Here's a quick breakdown:
1️⃣ Sale Price & Mortgage: First, understand the sale price and remaining mortgage balance. This helps know how much money is left after selling.
2️⃣ Splitting Proceeds: The money from the sale gets split based on your divorce settlement. This part can get tricky, so have records handy, especially if you've paid for improvements.
3️⃣ Costs Involved: Don't forget about real estate commission, taxes, and closing costs. These need to be considered so there are no surprises.
With my expertise in guiding folks through this process with care and knowledge, it's important to stay informed and work with someone you trust.
Got questions about handling a house during a divorce? Reach out and let's chat below! ⬇️