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McInnis Realty Group PodcastLearn all the tips, tricks and more for buyers and sellers in the Calgary Real Estate Market Author: Graeme Mcinnis
If you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from The Graeme McInnis Realty Group your professional Calgary Real Estate Experts. Language: en-us Genres: Education Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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How to Deal with Real Estate and Divorce
Friday, 3 June, 2016
.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a home? Click here to perform a full home search Selling a home? Click here for a FREE Home Price Evaluation We’re back again with our good friend Ryan Mackay of Real Property Law to discuss the important topic of real estate and divorce. Ryan’s going to share some tips, best practices, and processes of going through a transaction while going through a divorce at the same time. Even a “good divorce” isn’t always a good time. There’s always a lot of stress and pressure during this time, and the last thing you want is to add more of it by having to deal with a real estate transaction. Quite often during a divorce, both parties have their own family lawyer and want to use that lawyer. Either way, someone will be left feeling extremely vulnerable. One way to remedy this problem is by hiring an independent, 3rd-party law firm that’s just there to do the transaction. Someone like Ryan and his team. For the most part, when both parties have agreed to sell, there isn’t much left to fight about. However, there are worries about money. If people come to Ryan, he will help them sell and if they give him a written statement explaining what to do with the funds, things are made a whole lot easier. Otherwise, he can hold the funds in trust until the family lawyers have done their thing. This makes sure no one is taken advantage of throughout the process. Ryan and his team can be a helpful unbiased third-party, an intermediary who can remain neutral. As for buying a home from a couple that’s divorcing, it’s important to know one thing. When you move into the house, it will be full of junk that neither spouse wanted. They will take the stuff they want and leave the rest. It’s not the end of the world, but it’s a good thing to know. If you are going through a situation like this or know someone who is, we can help. Just give us or Ryan a call or send us an email, and we’ll be sure to handle things with the utmost care. We look forward to hearing from you!
