Selling a property can be a daunting task, but it can be even more challenging after a relationship breakdown. The good news is that there are specific measures you can take to help you move forward and start fresh.
In this blog, we’ll cover some of these measures and provide tips to help you navigate this difficult time.
We understand how complex selling a property can be during this trying time, which is why our experienced team is here to offer support and guidance to work with you throughout the process. Once the decision to sell the property has been made, we can provide the best possible advice on the value of your home and the best course of action.
While this blog primarily references divorce, the same approach, processes, and tips can be applied to separation as well.
Preparing for Divorce: A Comprehensive Guide
Divorce can be a complex and challenging process, but with clear communication and careful planning, it doesn’t have to be overwhelming. Here are the basic steps to follow to ensure a smooth and hassle-free transaction:
- Both parties should be in agreement and provide full contact details and identification.
- Our team can provide a market appraisal of your property, either together or separately, based on your convenience. After agreeing on an asking price, we will prepare sales particulars and arrange for one of our valuation experts to visit your home before launching it in the marketplace. All viewings will be accompanied by a member of our sales team, and any feedback will be shared with both parties.
- It is important to let us know about your onward plans as soon as possible to avoid any complications. Your Conveyancing solicitor will handle the sale of the property, and we will assist you by contacting local solicitors who will provide you with a quote for the sale transaction. Your conveyancing solicitor will need to be given joint instructions regarding the distribution of the proceeds from the sale.
- Administrative tasks play a significant role in the process, so addressing these important considerations early on can help make the process smoother.
From family finances to property and even pets, there are many factors to consider when going through a divorce. Our team is here to help you navigate the process with ease.
Tips for a Successful Property Sale
Selling a property can be an overwhelming experience, with numerous legal and financial considerations to factor in.
To help simplify the process and guarantee a successful outcome, here are some useful guidelines to keep in mind:
- Seek legal advice: It’s crucial to understand the legal implications that may arise throughout the process. A qualified solicitor can guide you through financial settlements and offer support in negotiations.
- Mortgage Provider: If you have a mortgage, consider informing your provider of the situation. They may be able to provide assistance or offer options to temporarily reduce your mortgage payments while you sell the property.
- Contact us: Once you’ve hired a solicitor, it’s time to contact Jacobs Steel.
- Sales Agreement: Ensure that both parties sign the sales agreement, even though only one is legally required. This will help create a smoother process for everyone involved.
- Communication is Key: Regular updates about viewings, feedback, offers, and progress are essential to reduce the risk of sales falling through. In case of conflicts, mediators can be used to help maintain transparency and keep the process on track.
Remember, selling a property can be an emotional experience, but by following these guidelines, you can ensure a successful outcome.