Real estate and divorce is an incredibly hot topic. Many people who are going through a divorce do not know how the assets should be properly split up. They will no doubt have plenty of questions about what they should do in order to make sure they get what is theirs. Unfortunately, many of their questions may go unanswered and can result in an unfair allocation of assets. We have some information that will help answer some important questions about real estate and divorce from a Tampa divorce attorney. Let’s take a look at 4 of the most popular questions on the subject.

Should I Sell The House That We Had Together? 

Staying in the home that you both lived in together can be incredibly difficult. The home keeps too many unwanted memories of a failed marriage that was not meant to be. However, selling the home is a question many people consider whenever they are going through a divorce. The answer will come down to one primary aspect: are you able to afford the house on your own? You will want to put the house on the market if your spouse moves out and the mortgage is too much for you to handle. 

Should I Advertise a Divorce Sell? 

Oftentimes, a divorced couple will want to sell their old assets that they no longer want. There are various methods that you can do to sell unwanted items and make some extra money during this time. However, many people advise that you do not outright advertise your sale as a divorce sale. Many people will be turned away from purchasing your items if they think you are desperately trying to make a quick buck. Simply stage your home for sale and don’t make it obvious to potential buyers about your relationship situation. 

How Involved Do My Kids Need to Be in The Process? 

Divorce is incredibly tough on the entire family. Include them on what is happening in the overall process if the divorce has been relatively civil. Speaking with your ex-spouse about finding the best way to have visitation rights is crucial during this time. You will want to find out where your ex-spouse is moving to and plan accordingly. Pets are also another important aspect that needs to be discussed during this time. Deciding who gets to keep the dog or cat is an important thing that both parties need to figure out. 

What Should I Do About The Mortgage? 

While it is possible to get your name off of the deed, the mortgage is almost impossible. This will make it more difficult for you to separate from your ex-spouse financially. Credit scores can be ruined if both parties fail to cooperate when it comes to handling the mortgage. Working out how you both can handle the mortgage is crucial to ensuring that both parties do not end up in a bad financial place. Speak with your ex and find an amicable solution. The stakes are too high if you do not work this one out. 

Working Together When Things Seem Hopeless 

Getting a divorce is incredibly trying for all parties involved. However, there is much more to a marriage than simply loving another person. Real estate management is incredibly important to think about whenever a couple is going through a divorce. This is why it is in both parties’ best interest to work together during this time. Financial institutions do not care if you can not work out a solution with your ex-partner. All they care about is receiving their payments on time. Use this guide from a Tampa divorce attorney to help you make the right decisions during this time.