The Real Estate Blog - divorce

Is It Time to Downsize Your Home?

Posted by Greg Dewar on February 4th, 2022

How To Know When It's Time To Downsize Your Home

As a realtor, I help people in all stages of their lives buy and sell their homes. One common question I get is when it’s time to downsize your home. While you are the best judge of whether or not it is the right time to downsize, here are some things to think about to help you make your choice.

Do you have extra, unused space in your home?

If you are an empty nester whose children have moved out, you're probably faced with a few extra rooms that don't get the same use that they used to. Maybe you don't need that third bathroom or second family room in the basement. As your children move out and start their own families, it's a good time to think about downsizing. Getting rid of that unused…

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Buying a Home While Going Through a Divorce

Posted by Greg Dewar on September 13th, 2021

Buying a Home While Going Through a Divorce

Divorce is one of the most emotionally devastating events that you can experience, and you understandably want to get your life settled as quickly as possible. Buying a new home can help you to establish new roots and get back on your feet. However, if you plan to buy real estate before your divorce is finalized, you should consider a few important points before you get started.

The Assets for the Down Payment

Simply filing for divorce does not dissolve the marriage, but assets may be divided when you are legally separated. Whether you are using cash for a down payment or to buy the property outright, you will likely need to pay out of pocket with a large sum of money. It is important to speak…

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