After a divorce, buying a new home can feel like a new beginning

Real Estate

After a divorce, buying a new home can feel like a new beginning

After a divorce, buying a new home can feel like a new beginning. Hello again! Jenevieve here with JLUX Homes Realty Group. I recently talked about home selling options for people going through a divorce. While that can be a difficult experience, I wanted to talk about what follows: buying a home after a divorce.After having shared a home with your spouse for so long, buying a place of your own can seem like a strange experience at first. But it can also be extremely rewarding. So, let’s talk about the steps you should take to start this next chapter in your life.

Before you even start looking for a permanent home, it’s best to wait until the divorce is

finalized. Your financial situation can change dramatically after a divorce, so you want to know

where you stand before you begin. And purchasing a home during a divorce gives you a sizable

asset that you could be penalized for. So, as you wait for all legal proceedings to come to a close, you may need to sign a short lease on an apartment or, if possible, stay with friends or family.

Once your previous living arrangement has come to a legal end, meaning you have

sold your previous house or closed out your lease, you’ll also want to evaluate your new finances. Divorce can drastically alter budgets, change incomes, incur legal fees, impact credit scores and more. Take stock of your new situation to make sure you’re in a good financial position to buy a home. 

Next, start putting together a wish list for what you want out of a new home. Where should it

be located? How big should it be? and more…  Finally, turn to the expert team here at the JLUX Homes Realty Group. Navigating any housing market can be challenging, and I want to make sure you are set up for success. My knowledgeable staff and I can help you fit in viewings on your schedule, and we have the expertise to help you find a home that suits your new needs.

If you or someone you know has recently gone through a divorce or will be finalizing a divorce

soon, we are here to serve. 

Contact us for a complimentary home-buying consultation designed to help you understand your options and next steps. You can also call me privately & directly at 817-823-7761.

Thank you so much for considering JLUX Homes for your real estate needs. We

understand that this can be a difficult time, and we’re here to help you as you start moving forward.

Let’s Talk

Whether you’re buying or selling, we’d love to help you!