Excerpt from Divorce in Arizona by Marlene Pontrelli and Robert Schwartz

One of the first issues that often arises during a divorce is what to do with the family home. Selling your home is a big decision. To help you decide what is right for you, ask yourself these questions:

  • What will be the impact (positive or negative) on my children if the home is sold?
  • Can I afford to stay in the house after the divorce?
  • After the divorce, will I be willing to give the house and yard the time, money and physical energy required for its maintenance?
  • Is it necessary for me to sell the house to pay a share of the equity to my spouse, or are there other options?
  • Would my life be easier if I were in a smaller or simpler home?
  • Would I prefer to move closer to the support of friends and family?
  • What is the state of the housing market in my community?
  • What are the benefits of remaining in this house?
  • Can I retain the existing mortgage or will I have to refinance?
  • Will I have a higher or lower interest rate if I sell the house and buy a new one?
  • Can I see myself living in a different home?
  • Will I have the means to acquire another home?
  • If I don’t retain the home and my spouse asks for it, what effect will this have on my custody case?
  • Will my spouse agree to the sale of the house?
  • What will be the real estate commission?
  • What will be the costs of preparing the house for sale?

Selling a home is more than just a legal or financial decision. Consider what is important to you in creating your life after divorce when deciding whether to sell your home.