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Moving on isn't easy, but selling your home shouldn't be what holds you back.
Let's make it swift.
- Vivian Lee, 10 years experience in real estate
Tips #01:
Engage the right agent who has experience in dealing with divorce in selling HDB flats
While everyone hopes to have a quick and easy home sale, the process of selling a house can sometimes lead to disagreement, confusion, tension, or even frustration. Engage the right agent while going through a divorce can make the difference between the home sale being successful and smooth or neither.
He or she must
Tips #02:
Financial preparation is key
Working out your finances before selling your house is extremely important. You would not want to end up in the street after selling your house.
Also bear in mind all of the costs associated with selling your home, and how those are going to be split between you and your ex-spouse.
Don't drag too long into selling your house. The following interest is 'eating away' your cash proceeds.
Tips #03:
Letting go & embracing a new beginning
Selling your home and getting a divorce are known to be the two most stressful events you can go through.
Yet, it's important to pause and look forward to the next stage ~ the freedom of being single again.
The faster your flat is sold at a good price, the faster you can move on.
Yes, there is life after divorce.
Our Approach and why chose us
We believe in making your transition as smooth as possible by offering:
"By chance, I came across an Ad on Facebook, and I decided to just 'try'. I am glad I did!
I got divorced 3 years ago and selling my house was super tough because my ex wouldn't help and always made excuses, even though the court said we had to sell it. A lot of agents couldn't deal with my ex's behavior.
It wasn't easy for Kenneth either. My ex tried to stop the house viewing. He even changed the locks before the first viewing. We had to call a locksmith to get in, and then my ex called the police saying stuff was missing... It was really a mess. But Kenneth told me to keep going and found smart ways to show off the house. In the end, we sold the house (Kenneth knows all the tricks), and I can finally move on.
Looking back, it was a nightmare... but I'm really thankful for Kenneth and his team!! - Ms Sally
“$21k extra for my home! All thanks to SmallDot's creative strategy. They got buyers to bid for my house and we managed to get an extra $$$. They are sincere and helpful! I highly recommend engaging them" - Ms Elley
Yes, you can sell your HDB flat during the divorce process, but both parties must agree to the sale and meet HDB’s eligibility criteria. The proceeds will be distributed according to the divorce agreement or court order.
Joint home loans need to be settled as part of the property sale process. The proceeds from the sale can be used to pay off the remaining loan amount. Any remaining proceeds will then be divided between the parties according to the divorce agreement or court order.
If your ex-spouse does not agree to sell, you may need to seek legal advice or mediation to resolve the issue. In some cases, a court order may be necessary to compel the sale of the property.
Typically, the mortgage continues to be a joint responsibility until the divorce is finalized and the property is sold or transferred. The specific arrangements can vary and should be outlined in your divorce agreement.
Yes, you can buy a resale HDB flat after selling your existing one due to divorce, subject to HDB’s eligibility criteria for divorced individuals. This might include waiting periods or other conditions.
If you wish to retain ownership of the house post-divorce, you may consider options like buying out your ex-spouse's share. This process involves agreeing on a buyout price and possibly refinancing the mortgage under your name
The division of proceeds from the sale of the property is usually determined by the matrimonial assets division agreed upon in the divorce settlement or court order.
The time it takes to sell a property during a divorce can vary depending on the market conditions, the property’s condition, and how quickly both parties can come to an agreement. As your agent, I strive to expedite the process while ensuring you get the best possible outcome.
Preparing your property for sale includes decluttering, making necessary repairs, and possibly staging the home to make it more appealing to potential buyers. I can provide personalized advice to help make your property more marketable.
A housing agent experienced in divorce sales can navigate the complex emotional and legal landscape, mediate between parties, market the property effectively, and ensure the sale complies with all legal requirements, aiming for a smooth and efficient transaction for both parties.
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