When real estate is part of a divorce, it's important that property valuations are accurate, well-supported, and able to withstand scrutiny. That's why I wanted to share a quick reminder about automated valuation models (AVMs), such as Zillow's Zestimate, Redfin Estimate, and similar online pricing tools. Although these estimates are convenient, they are not designed for legal matters where a home's value can significantly impact the division of assets. AVMs rely on algorithms that analyze...

When a house isn’t selling, it often becomes a significant issue in divorce cases. A property that sits on the market can create tension between clients, frustrate attorneys, restrict cash flow, and ultimately delay resolution. When a home isn’t moving, there are typically three reasons — and in almost every case, it comes down to one (or more) of the following: 1) Price If the pricing strategy misses the mark, the property will likely struggle to gain Traction. Buyers make decisions...

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...