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How to Avoid Costly Housing Mistakes Before and After a Divorce

Wednesday, May 13, 2020   /   by Brian Khatambakhsh

How to Avoid Costly Housing Mistakes Before and After a Divorce

Mississauga - Divorce is rarely easy and often means a lot of difficult decisions. One of the most important decisions is what to do about the house.

In the midst of the heavy emotional and financial turmoil, what you need most is some non-emotional, straightforward, specific information and answers. Once you know how a divorce affects your home, your mortgage and taxes, critical decisions are easier. Neutral, third party information can help you make logical, rather than emotional, decisions.

Probably the first decision is whether you want to continue living in the house. Will the familiar surroundings bring you comfort and emotional security, or unpleasant memories? Do you want to minimize change by staying where you are, or sell your home and move to a new place that offers a new start? Only you can answer those questions, but there will almost certainly be some financial repercussions to your decision process. What can you afford? Can you manage the old house on your new budget? Is refinancing possible? Or is it better to sell and buy? How much house can you buy on your new budget?

To help you know what questions you should ask and how to arrive at the right answer for your specific situation, a FREE special report has been prepared by industry experts entitled "Divorce: What You Need to Know About Your House, Your Mortgage and Taxes".

To give you an example, one of these strategies is listed below:

Retain Joint Ownership.
Some divorcing couples postpone a financial decision with respect to the home and retain joint ownership for a period of time even though only one spouse lives there.While this temporary situation means you have no immediate worries in this regard, keep your eye on tax considerations which may change from the time of your divorce to the time of the ultimate sale.Get your free special report NOW to find out how to make this part of your current situation less stressful.

Learn more by reading the rest of the Special Report entitled "Divorce: What You Need to Know About Your House, Your Mortgage and Taxes"--  Order it for FREE Today!

Ways to get your free report:

1)   To get INSTANT online access to this report CLICK HERE
2)   Call, Text, or email us to order the report- see contact info below

Order this report NOW to find out how to make this part of your current situation less stressful.


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The Khatambakhsh Real Estate Team
Brian Khatambakhsh
6850 Millcreek Dr
Mississauga, ON L5N 4J9
647-848-2652

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2020 Last Updated September 20, 2020
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