As more career-minded adults find love later in life, it isn’t uncommon for these two merging lives to have to figure out what to do with the homes their bringing into the marriage. The most common solution is to sell one (or both) and find their perfect together home.
If you (or a loved one) find yourself facing long term or permanent health issues you may discover that your home is no longer ideal. It may be something as common as not wanting to navigate up and down stairs or bathrooms that are simply too cramped.
If you’ve landed up on this page you are either considering a divorce or are in the process of one and you want to know what to do with the house. The benefit of listing your home due to divorce is that both spouses usually get some money to help start over.
In the midst of emotional angst from your loss you’re also tasked with addressing several tough decisions and seeing them through completion. You may feel overwhelmed, confused, and at times, you may want to throw up your hands.
When unexpected financial changes happen, a home and/or mortgage obligation may represent an enormous financial, time, and emotional burden – but it can also represent a tremendous store of potential value. And we’ll discuss these two popular positions here.
Do you remember when you were younger, and you had dreams put on hold because of life and children? Maybe it was owning a cabin by the lake. Perhaps it was touring European castles. Or maybe even a pursuit of a secondary career for fun instead of necessity.
A major component to every good estate plan is designating what will happen to your real estate holdings. Of course, you could sell and downsize sooner rather than later leaving your heirs more cash instead of house to distribute.
Relocating due to work can be tedious and stressful – being pro-active and organized will help keep the process moving along without overly complicating your life… Moving along, get it, see what I did there.
When you find that your home is no longer a perfect fit it seems natural to start making small improvements. It often starts innocently enough. New paint, flooring, and the next thing you know you’re living in a construction site.