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I have helped many families navigate their Real Estate needs throughout the Divorce/Separation process over the last 24 years. The termination of the marriage is stressful and usually requires the division of Real Property. Marital property belongs to both parties regardless of who's name is on TITLE. Each party is entitled to their equitable share. Knowing what your assets are worth will help your decision to keep, sell or buy the family home. I represent both parties equally, professionally and with COMPASSION.
Going through a divorce involves a division of assets. The largest asset is usually the Matrimonial home and vacation property. Determining the value is crucial moving forward even if you plan to stay in the home. A market evaluation is a confidential complimentary service I offer.
Legal term used to describe the family home a married couple ordinarily occupy as their family residence regardless of who holds legal title at the time of separation.
Equity signifies the net value of a property following the subtraction of all outstanding debts and liens against it.
If both parties agree, there may be an arrangement to delay putting the home for sale. Done for many reasons, such as mitigating stress placed on children by having to move out of their family home after divorce.
According to the Family Law Act each spouse is entitled to a 50% interest in the matrimonial home acquired during marriage regardless of who holds legal title or often where the money came from to buy the home in the first place. In certain circumstances, and at a minimum, when a Matrimonial Home was purchased prior to the marriage by one of the spouses each spouse holds claim to half of the equity that’s accumulated on a Matrimonial Home during the marriage regardless of who’s name is on title or the mortgage.
The deed to your primary residence (and any other properties)
Mortgage documents, refinancing documents, and all other paperwork related to home’s financing (if needed, a lawyer can get these documents from the Land Registry Office for a nominal fee.
Survey of the property
Recent mortgage statements showing outstanding balance and interest rate
I have partnered with the Divorce Workshop which provides access to a range of courses and the expertise of various professionals, all conveniently available in one location.
Please don't hesitate to reach out for a confidential chat to explore your options. I am here to offer guidance and assist you in navigating through this difficult time with the utmost privacy and care.
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