Tips for Buying a “Divorce” House

Buying a home from a divorcing couple can have its advantages and disadvantages.

Imagine putting an offer in on your dream home only to attend the pre-inspection walk-through to learn that a bitter, divorcing husband flooded the house the night before by leaving all of the faucets running. That actually happened with a New York home where the husband just didn’t want the wife to have money from the home sale proceeds.

We always hope that when we have an accepted offer on a home that we will actually close, but there can be hiccups along the way due to the family dynamics of the sellers. And when divorce is involved, fingers crossed that you’ll even get an accepted offer.

Read what the experts have to say about buying a divorce home.

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Divorce too, Can Make You an Accidental Landlord: Tips You Should Know

Sometimes remaining in a home that you once shared with your spouse can prove difficult emotionally. Other times you just might want to get the heck out of there so you can start your life anew.  However, with homes languishing on the market, the economy might keep you from moving on as quickly as you’d like.

You might feel stuck as you wait for a buyer.  But you do have a multitude of other options.  

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