Colorado Springs Divorce Attorney Advises Clients on Selling the Marital Home

In a divorce situation, couples face a variety of obstacles before they can free themselves from the bonds of matrimony, many of which can become quite complex.  As a Colorado Springs divorce attorney, I’ve worked with several couples who get stuck on the division of marital assets.  Whether they are squabbling over a simple marital property settlement or dividing complicated business and personal assets, property division can cause quite a bit of tension. 

Are you looking for a solution for dividing your marital property?  Perhaps you also have a significant amount of marital debt.  A Colorado Springs divorce attorney can explain the details of Colorado divorce law, learn the facts about your financial situation, and recommend strategies to help you come to agreement.  However, an agreement is no guarantee that you will be able to liquidate all of your assets as soon as the ink is dry.  There is one asset that could take a lot longer, and that is the marital home.  Even though you may agree on paper about who get what, and how you will divide your most important assets, your home could sit on the market for months before it sells. 

While this is certainly not part of my job as a Colorado Springs divorce attorney, I often recommend that my clients consider remodeling the marital home before selling it.  Sometimes this can be as simple as getting new entry doors installed, or a few new windows in the front of the house.  But if the exterior of the home needs repair, I often recommend James Hardie fiber cement siding.  Compared to your basic vinyl siding, fiber cement siding is known for recovering most of its value at the time of sale.  I recently read this year’s Cost vs. Value Report in Remodeling Magazine, and learned that fiber cement or composite siding delivers better resale value than any other exterior siding product.   But even if the cost of new siding is out of your reach, and all you can afford is a few new doors or windows, improvements like this can make all the difference when it’s time to sell your home. 

If you are concerned about who will cover the cost of these remodeling projects, then consider including this in your property settlement as well.  A Colorado Springs divorce attorney from the Marrison Law Firm can help you draw up the necessary paperwork for all aspects of your property settlement agreement.  Contact them today for a free consultation.