FAQ: When Do We Have To Sell the Marital Home?

FAQ: “Do we have to sell our home before we can get divorced?” or “Do we have to wait to sell our home until after the divorce is over?” 

ANSWER: No, to both questions.  Both of these questions are common myths that cause people to wait to start a divorce.  It typically is not necessary to sell, or wait to sell, a marital home before starting or even finalizing a divorce.  It is important only that you agree on what is going to happen to the marital home and that those details be included in the Settlement Agreement and/or Judgment of Divorce, regardless of whether the sale is before, during, or after your divorce.  This is true of almost any marital asset or debt.

PLEASE NOTE: This blog is not intended to constitute legal, financial or tax advice.  We do not recommend making important decisions of the type addressed in this article without specific legal or professional financial advice in advance.  We at Banfield Couling Law and Mediation PLLC are here to help navigate your legal matter at any stage of your divorce.