Understanding your options for the house when undergoing divorce is a significant challenge. Often, we make the decision on whether to keep or sell the house based on our emotions. Perhaps it is where the kids are living or where they grew up and you have a sentimental attachment, or maybe you are determined not to let your spouse keep it out of spite. The most important thing to know is there are major ramifications to your decision - from an asset allocation standpoint, tax implications, and future outlays for ongoing maintenance, insurance and taxes.
Listen in as Blake Watson, a licensed realtor and author of the book, “The Complete Guide to Buying a Home,” “A Guide to Selling Your Home After Divorce, ” and host of “Let’s Talk Chattanooga Real Estate” podcast shares:
When the divorce bomb has gone off, and couples turn to what is often the most highly valued asset - the house - the first steps they should take.
The five options for the house in divorce.
Important considerations before deciding to keep the house.
If you keep the house, how to protect that asset in the event you remarry in the future.
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Produced by: Whitfield Media Group, Chattanooga, TN
Editing by: Tyler Owens
Email: silverdivorcepodcast@gmail.com
Facebook & Instagram @silverdivorcepodcast
Title Sponsor: Center for Sports Medicine and Orthopaedics www.sportmed.com
Show Sponsor: Medicare Misty www.medicaremisty.com
About your guest: Blake Watson is a Realtor licensed in Tennessee and Georgia with Epique Realty. Before becoming a full-time Realtor, Blake spent over twenty years buying, selling, rehabbing, and renting houses in Northwest Georgia and Chattanooga. Now, he gets to help others find their perfect home or sell their property across this beautiful region. Blake lives in Ringgold, GA with his wife Leigh. They have an adult daughter and a son in college. He even raises miniature goats on their family farm! Blake is deeply involved in his community and church, and everything the Chattanooga area has to offer. To receive a complimentary copy of his book, “A Guide to Selling Your Home After Divorce,” contact him directly.
https://www.facebook.com/blake.watson.501 https://www.instagram.com/rocknrollblake/ https://www.linkedin.com/in/blakewatson/ https://www.chattanoogarealestatepodcast.com/ https://www.athomechattanooga.com
About your host: I’m Lisa McCluskey, MBA, a retired healthcare executive turned podcaster after being blindsided when my 34-year marriage ended. I interview experts on the Silver Divorce Podcast to help people through the traumatic divorce journey. This podcast provides education and information and is not intended to replace the advice of a therapist or legal advice.
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