Divorce Mediation Can Help Couples Discover Creative Ways To Deal With Their Home
by
Daniel M. Copeland on Mar. 16, 2015
Real Estate Real Estate Other Divorce & Family Law Divorce Divorce & Family Law Family Law
Summary: Florida couples who are getting a divorce face two options when it comes to their family home.
The first option is for them to sell the home. The other option is, of course, for one of the parties to keep the home. Divorce mediation can help these couples decide between these two options, as well as how to negotiate the terms of each of those options.
If a couple is able to work with each other and put their disagreements aside, negotiations can proceed smoothly. They are in control of their own decisions. The only restrictions they will face will be the legal requirements regarding real estate transfers and the availability of financing.
If the couple agrees to sell the house, and the house appraises high enough to give them a profit, they may divide the profit between the parties when the house sells. If, however, one of the parties wants to keep the home, the party who wants to keep the home must look for financing.
With the economy still struggling to rebound from the recession, though, the couple may face some hard decisions. If the couple cannot make a profit on the home, then they must negotiate about what they can do with their home. Similarly, if the person who wants to keep the home cannot obtain financing, they must come up with a solution that is satisfactory to both parties. Divorce mediation can help a couple discover more options than if the couple were to try to go it alone.
