Whether To Sell Your Home During Divorce: 5 Questions To Answer | GOLDBERG JONES | Divorce for Men

For most of us, a house is the most expensive thing we’ll ever buy. The question often comes up of whether or not to sell your home during divorce.

For most of us, a house is the biggest purchase we’ll ever make. It’s a huge commitment in money, time, resources, emotions, and more. Because it’s the most valuable thing we own, it often becomes a big issue in ending a marriage. The question often comes up of whether or not to sell your home during divorce.

This situation generally plays out in one of three ways. First, one party buys out the other and keeps the house. That’s fairly straightforward. Second, if there are children, the custodial parent stays in the home, usually until the youngest child turns 18, and then they sell the house. Or third, the couple sells the house immediately and divides the profits.

Many reasons exist to hold onto a house. Some are emotional; you may have put a lot to time and energy into the home and feel a deep connection. Others are practical; it often helps maintain continuity for the kids, or you may view it as an investment. But eventually, the question will come up of whether or not to sell your home during divorce.

Situations vary a great deal from one to another. No two are alike. But you should ask yourself a number of questions when deciding whether or not to sell your home during divorce.


One consideration that impacts whether to sell your home during divorce is the market. The real estate market fluctuates and varies from one location to the next. Do you live in a buyer’s or seller’s market? Can you get market value? Will you bring in more than you owe on the mortgage?

All of these are important questions to ask. You may or may not be able to sell your house in the first place. Beyond that, you may not be able to sell it for the price you want. In far too many cases, homeowners rush to unload a house as fast as possible for unfavorable prices. You don’t want to sell your home during divorceand take a loss if you can help it.


Because a house is such a big piece of the financial puzzle, it’s easy to focus on that. It’s not the only piece, however. In some cases, you may be better off letting it go in favor of taking other assets in the settlement.

Getting the house may seem like a big victory, but it also raises other issues. You have to maintain it and pay property taxes. If you ultimately decide to sell it down the road, and if it increases in value, you may be subject to capital gains taxes. And by focusing on one big thing, you may miss out on other financially or emotionally valuable assets.


When deciding whether or not to sell your home during divorce, it’s important to do a quick cost-benefit analysis. In short, do the benefits outweigh the costs? Considering what you get from keeping or selling the house is key.

Divorcing couples often want to make a clean break. Unloading a shared home, one with lots of emotional baggage certainly accomplishes this. You can also free yourself from a major financial burden. In the right circumstances, you may sell your home during divorce and make a tidy profit. That can help offset some of the other costs or even help with starting your new life on the right foot.


A good question to ask before you sell your home during divorce or not is whether you even want to live there. Lay out your reasons and determine if you really want the house or not. It’s important to be honest with yourself.

There are plenty of legitimate reasons to want to stay in a residence. Maybe it’s your dream house or the only place you’ve ever felt truly at home. If it’s where you raised your kids, maybe you’re not ready to let those good memories go yet. And some people just really hate moving.

But maybe there are too many painful memories to deal with. Every time you do laundry or mow the lawn, will you replay the death of your marriage over and over? Do you want the house more out of revenge than simple desire? Perhaps the house is way too big for just you. It may be best to break ties and sell your home during divorce.


Maintaining a house is expensive. With all of the financial changes you go through in the process of ending a marriage, you have to consider whether or not you can realistically afford the cost. Your tax status shifts and you may have child support or spousal support payments. Those are all new monetary obligations. Add to that, you may have to pay the mortgage, property taxes, maintenance, and bills from a single income for the first time.

As much as you may want to remain, your financial situation may dictate otherwise. Once you examine the harsh economic realities, you may have to sell your home during divorce. And even if you can cover everything, will it be a huge stretch? If you struggle to make the payments, is it really worth it? Be honest with yourself and you’ll likely land on the right answer.

It’s often difficult to let go and sell a home during divorce, but it’s also often the best choice. Don’t think of it as an end, but as a beginning. Now you have the opportunity to start fresh and make new memories. You can find a house that better fits your needs, move to a neighborhood where you’ve always wanted to live, or just relax knowing there aren’t painful recollections lurking in every corner.

Source: Whether To Sell Your Home During Divorce: 5 Questions To Answer | GOLDBERG JONES | Divorce for Men

Divorce Mortgage Pro Commentary:

As the article says, your home is very likely your biggest asset.  Mortgages are complex to begin with and bringing a divorce into the mix makes things exponentially more complex.  You need to plan and think through your strategy and objectives.  To do this, you need not work alone.  You can and should involve a specialist in your decision cycle and the execution of your strategy.

-The Divorce Mortgage Pro

escape button

Be Safe.

To immediately exit the SplitReady site, click the Escape button located in the lower left corner of your browser.

Also, please ensure that you practice safe browser behavior by using incognito or private setting, clearing your cache, and closing your browser when complete.