Selling a property that is tenant-occupied presents a distinct set of challenges that can influence everything from buyer interest to overall sale results. Below are several key factors to consider, along with practical strategies to help navigate them: 1. Lease Terms That Extend Beyond the Sale In many cases, lease agreements grant tenants the right to remain in the property for the duration of their lease, even after ownership transfers. This can be a significant hurdle, particularly for...

Do you have a client who would like to retain the marital home but is unable—or unwilling—to refinance? There is a lesser-known federal law, the Garn-St. Germain Depository Institutions Act of 1982, that may offer a practical solution in certain divorce scenarios where the mortgage remains in both parties’ names. In today’s interest rate environment, many homeowners are reluctant to refinance an existing loan with favorable terms. This federal provision can provide an alternative path. Below...

When divorcing homeowners are faced with selling the marital residence, it’s common for one or both parties to suggest hiring a friend, family member, or the agent who previously represented them. While understandable, this decision deserves careful consideration. In divorce matters, the home is often the most significant asset, the largest liability, and the most emotionally sensitive component of the case. The listing agent plays a critical role, and choosing the right professional should...