Long Beach Real Estate Podcast with Tim Majka

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Divorce is an unfortunate life event, but it's certainly not uncommon. Because of this, I've received many questions about how to sell a house while going through divorce proceedings. The house is usually the last thing dealt with in a divorce, and it is typically the most emotionally charged aspect of it as well. If one of the parties involved can afford to, they can buy out the other party with cash or by refinancing. The second option is to sell the property, and it's up to the owners, and possibly the court, to determine how the proceeds of that transaction will be divided among the parties. 

If the property is under water and there is more owed on the property than it is actually worth, a short sale can be conducted with the cooperation of both parties.  

Regardless of what you choose to do, we recommend finding an experienced agent to guide the process. Open and transparent communication between the agent and both parties involved with the property is absolutely crucial in this situation.

If anyone you know is going through a divorce and needs help buying or selling a property please don't hesitate to reach out to us. We have been through this process many times before and would love to help!