Going through a divorce is tough – even the one where the relationship ended on good terms. Ending a marriage is considered one of the biggest causes of stress in a person’s life, which is why what comes after gets even more complicated. One of the challenges of every separation is deciding who leaves the old family home and who needs to find a new place to live. If you’re going through a similar situation, this is a guide for you. Here’s what you need to consider when buying a home after divorce so that you can move as smoothly as possible.
Make sure your divorce is final
Divorce comes with several financial and legal changes, which may affect your budget and the process of buying a home. That’s why you should make sure all the legal proceedings are final, so you know your new living situation in detail. Only then will you be able to plan your budget for purchasing a home, making sure you pick the property you can afford. Again, don’t rush with buying a home after divorce until you’re confident about your earnings.
Also, it’s best to sort out any paperwork regarding the old house if you need to sell it together with your ex. These things can get complicated and may cause unnecessary problems with the new home, so it’s best to finalize everything and start the new life chapter clear-headed. If you have a mortgage for the old house in your name, it will surely complicate the new purchase. So, be sure to talk to your ex-partner about the best solution for this problem. Often, partners decide to sell the old home, or one of the partners refinances the other one’s name off the house. This way, you can start browsing listings and purchase a new home without any complications.
Make sure all the paperwork is clear before buying a home after divorce.
Set new priorities
After divorce, buying a new home may change how you feel about the location, size, and other preferences. Make a new checklist of things you want, and see how they are different from before. Now that you’re single, some of the preferences may have changed, so it’s best to be aware of them before you start browsing listings. However, don’t forget to consider your long-term plans, even if you’re not currently in the mood for them. If there’s a possibility of getting married again, you may need a home with room for growth.
Location is important if you have kids
If you’re coming out of a marriage with kids, choosing where you will live is undoubtedly an essential factor. You may have to pick a place that’s relatively close to the old house or their school so that both parents can be involved in kids’ everyday activities. Depending on the custody agreement and the time you’ll spend together with your kids, the location of your new home will matter a lot.
Trust the process to someone reliable
Divorces can be a mess, making both partners distracted and emotional. That’s why you should have someone reliable to help you decide on your new home. Choose a real estate agent who has experience with divorced buyers. Their expertise will help you navigate the buying process, browse appropriate homes and get a better deal. It can be overwhelming to do all this on your own, so having someone to rely on is essential when buying a home after divorce.
An experienced agent will help you buy a home after divorce – be sure to hire someone who knows how to deal with such situations.
Need to move out quickly? Go for a rental first
Divorces are not a pleasant thing, and partners often hurry to start living separately. However, this doesn’t mean you should rush the process of buying a home after divorce. It takes time to find a good home, so if you are not sure about it, don’t rush it. Go and rent a place first, and take your time. Living in a rented apartment for a while will give you time to consider your options, browse homes carefully and pick the one you like. You’ll indeed have to move twice, but it is worth it as you don’t want to end up buying a home you don’t like. The moving process can be a piece of cake even if you are embarking on a long-distance move all the way to California. You can relocate with ease across the state if you have a reliable moving team on your side.
Leaving the old home is one of the critical moments in every divorce. After buying a home after divorce, start preparing for the moving day to be fast and efficient. You don’t want any complications on this day, so make sure you organize everything in advance. Browse professional movers from your area and minimize the risks of delays and other moving problems. Also, be sure to discuss what you’re taking with you – take inventory of what’s yours so that you can pack faster. Finally, it’s best to get rid of sentimental items. As your divorce is final now, there’s no point in looking back. Start the new life chapter with no reminders of the past failures – but with an optimistic attitude!