Area Real Estate News & Market Trends

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Jan. 8, 2018

Complete Guide to Selling your Brevard County Home During a Divorce

By: Katherine Barclay

Getting a divorce is hard! Selling your Space Coast Florida home doesn't have to be. Get the answers you need to make your home sale EASY during this difficult time. If you still feel lost... give me a call and I will handle everything. Katherine Barclay, Realtor, Century 21 Ocean. I work with people throughout Brevard County including Melbourne and all beachside communities.

 
1. This guide is meant to provide a few helpful tips as you begin the process of selling your home during this difficult time. It is not intended as legal advice, and you should consult your attorney before making any legally binding decisions.

2. Decide If One Spouse Can Afford To Keep The House The first step is to decide who, if either of you, wants to keep the house and can afford to do so on their own income after the divorce is finalized.

3. If One of You Decides To Keep The House... The next step is to work out the details of transferring ownership in your final divorce settlement. Consult your mediator or attorneys for this process. Ultimately, you’ll need to refinance so only the spouse keeping house is on the mortgage.

4. If Neither of You Keeps The House... Then it’s time to start planning to sell the home as part of your divorce settlement. You’ll need to work with a real estate professional to determine how much your home will sell for under current market conditions.

5. If You Have Equity In The House: If your house will likely sell for more than you owe on the mortgage, you can work with your attorneys to set up whatever split of the equity is appropriate for your situation.

6. If You Owe More Than The House Is Worth... If you’re not in a situation where you can sell the house and split the profits, you may want to consider a “Short Sale.” In this case, the lender agrees to accept less than what you actually owe.

7. What You Need To Know About Short Sales: A short sale is a last-ditch effort to avoid foreclosure. Short Sales are a relatively complex real estate transaction that involves negotiating with your lender. You should seek the help of a real estate professional.

8. If You Can’t Refinance, Sell, or Short Sell... If one spouse can’t refinance the house on their own, if you can’t sell the house and split the equity, and if you can’t arrange a short sale… Foreclosure may be the only way to dissolve ownership during the divorce.

9. No Matter What Path You End Up Taking... Selling a home during a divorce is likely the most difficult real estate transaction you will ever endure. Don’t try to navigate these waters without the help of an experienced real estate professional.

10. What To Look For In An Agent... This is NOT the time to casually reach out to your friend’s cousin who just got her real estate license. Selling a house during a divorce requires negotiation and relationship skills that most new agents simply don’t have.

11. Look For Two Things: First, the real estate agent you work with should have proven track record of success in selling homes quickly. In the middle of a divorce, the goal should be to sell quickly and move on. Find an agent who can get the house sold fast.

12. Look For Two Things: Second, work with an agent who has experience working with divorcing couples. A good agent knows how to tactfully communicate with both spouses and knows that it’s their job to serve both of you to get the home sold.

13. I hope this free guide was helpful for you! If you have any questions about selling your home during this difficult time, I’d be happy to help answer them. (321) 361-7888 Katherine@AtHomeSpaceCoast.com

Posted in Selling a Home
Nov. 15, 2017

Merritt Island National Wildlife Refuge FL

Merritt Island National Wildlife Refuge FL

Merritt Island National Wildlife Refuge FL

 

The Merritt Island National Wildlife Refuge FL got it's beginnings in 1962 when NASA purchased the 140,000 acres in which to build the Kennedy Space Center. By 1963 NASA had found that it would not be needing most of the land and so the U.S Fish and Wildlife Service agreed to establish the refuge. Today the Merritt Island National Wildlife Refuge FL is managed by the Department of Interior and provides a home to more than 1500 species of plants and animals as well as 15 federally listed species. 

 

Hours

The refuge is open from sunrise to sunset daily.

 

The Visitor Information Center

November 1 - March 31    8 am - 4 pm

April 1 - October 31 Monday through Saturday 9 am to 4 pm. 

Visitor Center is closed most federal holidays

 

Prices

Cost $10/car - 1 time visit 

Annual Pass $25

Payments can be made at the visitor center during business hours or at the self pay stations with exact change only. 

The Merritt Island National Wildlife Refuge FL does not accept debit or credit they are cash or check only. 

 

Visit Merritt Island National Wildlife Refuge FL Website 

July 31, 2017

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates