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March 2019 Archives

Selling a home during a divorce

Many divorcing people in Delaware often wonder what to do with the marital home. One option is for someone to buy out his or her spouse and keep the home for him or herself, which is sometimes done to maintain stability for children. Another popular solution is for both parties to agree to sell the home and divide the proceeds. Regardless of what decision is made, the most important step is for both soon-to-be-ex-spouses to get on the same page, which is something that's sometimes easier said than done.

How to avoid paying too much for a home

Home buying is a complex process in Delaware and around the country. One of the biggest hurdles for a buyer is getting a seller to agree to his or her offer price. According to a 2019 report from NerdWallet, 45 percent of buyers paid more than the asking price on a home. The respondents had all purchased their homes within the last five years.