Navigating Personal Property Challenges in MN Divorce Real Estate
In divorce cases, personal property disputes are becoming increasingly common. Understanding and addressing these issues early can prevent delays and potential contract breaches when selling a home during a divorce.
When a divorcing couple needs to sell their house, it is crucial to remove all belongings before closing. While this may seem like common sense, it is frequently overlooked until the final stages. This oversight can result in contract breaches or necessitate compensating the buyers for the removal of any property left behind.
To avoid hindering the sale and breaching the contract with the buyer, it's recommended that the division and disbursement of personal property be decided before listing the house, especially in high-conflict cases. This can also help declutter the home, making it more attractive to potential buyers.
Handling personal property before listing the house is often the best approach. Here are a few effective solutions:
Individual PODS: Each party can use their own PODS, parked in the driveway, to load their belongings. These can then be transported to storage and retrieved later at their new residence.
Shared Storage: If no agreement is reached, secure a single POD or storage facility for all unclaimed belongings until further division or court orders are made.
Junk Removal or Donation: If all else fails, consider hiring a junk removal company or donating items to a non-profit organization to clear out the remaining "stuff."
Every divorce brings unique challenges. With specialized expertise in real estate matters within divorce cases, Shannon Lindstrom, Realtor® at RE/MAX Results and a Certified Divorce Real Estate Expert (CDRE®), offers invaluable insights and guidance. Whether you or someone you know has real estate inquiries or seeks assistance, please reach out to Shannon Lindstrom, Realtor® at RE/MAX Results, a MN Certified Divorce Real Estate Expert (CDRE®) serving the Twin Cities/MN area. Contact Shannon directly at 612-616-9714 or visit www.ShannonLindstromRealtor.com for more information.
Shannon Lindstrom, Realtor®, CDRE®, CREDS, CRS, GREEN, MILRES, MRP, VCA
RE/MAX Results
7373 Kirkwood Court No, Ste. 300
Maple Grove, MN 55369
Direct: 612-616-9714
Lindstrom_S@msn.com
Shannon@ShannonLindstromRealtor.com
www.ShannonLindstromRealtor.com
www.ShannonLindstrom.info
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