The first month of the new year is reportedly the most popular time to file for divorce. A rumor that January is divorce month is ominously nicknamed “Divorce Month” in legal circles. But is January’s bad rap deserved? For better or worse, the numbers suggest that “Divorce Month” is real. According to statistics published by eDivorcePapers.com, January has the most legal breakups.
Will 2021 be an exception?Couples have gone through almost ten months of lockdown due to COVID 19. With both working outside the home, most couples don’t spend much time together. Now they are together 24 hours a day. Maybe, couples will discover why they fell in love, and Covid will bring them closer. On the other hand, the husband and wife may have decided to divorce before the holidays. Still, they wanted to give the children one last happy holiday or decided to enjoy family and friends one last time before filing for divorce.
Some see the year-end as a time of reflection and resolution. “Unhappy spouses assess their situation and say to themselves, ‘I can’t take another year like this. It is time to file for divorce.”
According to The Reader’s Digest, “Your communication doesn’t have to be meaningful day in and day out. But it’s troubling—and possibly one of the signs of divorce—if you never talk with your spouse about anything besides the weather or who needs to get more milk.”
You don’t have to attach yourself to your partner, 24/7. But it would help if you wanted to spend your free time with one another and enjoy being with your partner more than anyone else (most of the time)
Both spouses need to put forth equal effort to make the relationship work. One person can’t go it alone.
This lack of respect doesn’t happen overnight, but it gradually chips away at the foundation of your marriage. If you put one another down or constantly criticize one another, this may be one of the signs of divorce
Some couples can recover and move on from a marital stray, even making their marriage more united after one partner cheated. “Couples can survive an isolated affair. However, a serial cheater who has multiple affairs likely has a problem you can’t fix.
And that leads to divorce as the primary reason to sell the home. Once the couple has decided to divorce, many couples want to sell the house fast and start a new life.
When real estate is involved, it is usually the most valuable asset that needs division. Even if you consider yourself well informed on real estate law, you’d be wise to seek a divorce lawyer and financial advisor’s assistance because of the emotional stress. But you still need to understand your options so that it is all done fairly and equitably.
According to Realty Biz News, “Division can apply to almost any real estate, but depending on if the property is the family residence or an investment property, different rules apply.”
Selling the house and splitting the equity is pretty straightforward. If the sale occurs before the divorce becomes final, you will split the equity as agreed to at closing. If the sale occurs after the divorce is final, you may need to have the house appraised and agree to the equity percentage split.
There are also times when one spouse wants to take sole ownership of the family home. First of all, the spouse staying in the house needs to afford the mortgage payments. Usually, they also need to buy out the spouse by giving up other marital assets such as a portion of a 401k retirement account, a boat, a motorhome, or another valued asset.
As investors, we are in business to make a modest profit on any deal. However, we can help homeowners out of just about any situation, no matter what! There are no fees, upfront costs, commissions, or anything else. We offer the simple truth about your home and how we can help you sell it fast.
Give us a ring. We would love to help you understand the process and to answer all of your questions. You can reach us at 402 999.0577.