Advantages to Selling the Marital Home Before Divorce

Michigan Attorney Kathryn Wayne-Spindler recently participated in the Institute of Continuing Legal Education Family Law Seminar where Elizabeth K. Bransdorfer of Mika Meyes PLC in Grand Rapids presented the session, “Selling the Marital Home During the Divorce Case.” When divorcing, there are a couple of typical scenarios regarding the marital home. One party continues to live in the family home. One of the spouses may “buy-out” the other spouse’s half of the family home. This can be in the form of trade-offs for other property, assets, income or a smaller share of the joint debts. In some cases, the parties Continue Reading…

Take Advantage of Housing Drought

The time is right for divorcing/divorced couples to take advantage of what has been called the “worst housing drought ever” to get top dollar from their home sales. According to a blog posted by local realtor Norm Werner in Real Estate News from the Milford Team, “The number of homes for sale is at the lowest level on record, according to the National Association of REALTORS, who began tracking inventory 18 years ago.” The low inventory could mean quick sales and bidding wars resulting in more equity for the seller. Norm Werner reported in a recent Huron Valley Chamber Networking Continue Reading…