Deep dive into Real Estate by Team Laddi Dhillon

EP38 Selling your house during divorce

Laddi Dhillon Season 1 Episode 38

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"Selling Your Matrimonial Home During Divorce in Ontario: Avoiding Common Pitfalls."

In this episode, we delve into the complexities of selling a matrimonial home during a divorce in Ontario.

  • Key Topics:
    • Common Mistakes: We identify and discuss three common pitfalls couples make when selling their matrimonial home during a divorce: 
      • Failing to secure a separation agreement before the sale.
      • Attempting to buy a new home prematurely without a finalized agreement.
      • Neglecting to fully consider the financial implications of keeping the matrimonial home.
    • The Role of Mediation: We emphasize the importance of utilizing a divorce mediator to navigate these challenges and ensure a smoother, less stressful process.
    • High Divorce Rates: We acknowledge the high divorce rates in Ontario and underscore the widespread relevance of this issue for many couples.

This episode provides valuable insights for anyone facing the challenges of selling a matrimonial home during divorce. We stress the importance of seeking professional legal and mediation advice to effectively manage the financial and emotional aspects of property division.

#Divorce #OntarioDivorce #MatrimonialHome #PropertyDivision #SeparationAgreement #FinancialImplications #DivorceMediation #LegalAdvice #FinancialPlanning #EmotionalWellbeing #HighDivorceRates #RealEstate #Podcast

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