Are you thinking about divorce, but want to stay with your kids in your home? Do you want to find a solution that is easy, quick, and will give you and your spouse what you need?
You’ve probably heard at some point that 50% of marriages end in divorce. And while this “fact” is not necessarily true, the future of many marriages during the coronavirus pandemic has become uncertain. In fact, divorces have increased during COVID-19, and more and more people are saying “I do” to divorce. While it’s not a surprise that the stress of the pandemic caused some major breakdown in relationships, people who are facing this stage might have to face new challenges, not only involving their kids (if there are any) but a division of liabilities, financial ties, and marital assets such as their house.
There are many cases, in which both individuals can reach an agreement: sell the property, divide the equity and follow separate paths. But what happens when one of them wants to sell and stay while deciding what to do? There are many people who, after divorcing their spouse, want to continue living in the home that saw them grow up as a family; either for comfort, for memories, or simply because at the time of divorce they do not know what step to take to move forward. If this is the situation you are facing, you should consider a Residential Leaseback Program that will give you the right solution for you and your ex-spouse.
Today a divorce should not be considered as a reason to abandon your home, your neighborhood, and the relationships that you have already built for so long. Today you can access a Sell and Stay program, also known as a Leaseback, and all the benefits that it offers. You can sell, cash-out on the equity, continue to live in the same place, and have enough time to think about what to do next. This program is very simple and effective and has been designed to help homeowners’ cash-out their equity and continue living at home.
For divorcing couples, who are going through a storm of emotions and financial doubts, a Residential Leaseback is a very convenient process, which allows the property to be sold, the equity to be divided, and staying in the comfort of your home.