In a Connecticut divorce, the house is often the biggest asset and the hardest decision. Here are the usual paths for Meriden couples, in plain terms. This is general information, so lean on your attorneys for your situation.
The three common paths
- Buyout. One spouse keeps the house and pays the other their share, usually by refinancing.
- List and split. Sell on the open market and divide the proceeds as the agreement or court order says.
- Sell as-is for cash. A fast, fixed closing date and no showings, which can lower the temperature.
Who has to sign
If both names are on the deed, both must sign to sell. If the divorce is open, your attorneys or the family court may set terms for the sale. What to do if one spouse will not sign.
Costs while you decide
The Meriden tax bill keeps coming. At 29.99 mills, a house with a $350,000 market value runs about $7,348 a year. Agree in writing on who pays the mortgage, taxes and insurance until the house is sold.
More for Meriden owners: selling your Meriden house for cash, Meriden foreclosure options, inherited houses in Meriden.
More on this: Connecticut divorce home sales.
Want a number for your Meriden house? Call or text CT MAX at (860) 200-7472 or request your MAX Offer online. You get a written cash offer after one walk-through, and it does not drop after you sign.
General information only, not legal or tax advice.