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Jim West logo
Jim West logo
  • About Us
    • Meet Jim West Team
    • Our Process: CDRE Real Estate with Jim West Team
    • Our Testimonials
  • Buy
    • Build Your Search
    • Buyer Resources | Jim West Team Marysville
    • Home Buyer Financing Help
    • Marysville Neighborhood Guide
  • Sell
    • Get My Home’s Value
    • Marysville Seller Playbook
      • When Is the Best Time to Sell a Home in Marysville, Ohio? 43040
      • How much does it cost to sell a house in Marysville, Ohio? (Net Sheet)
      • Days on Market in Marysville: What It Means for Pricing
      • As-Is vs. Repair: Which Path Fits Your Marysville Home?
    • Pre-Listing Checklist for Home Sellers
    • Top Seller FAQs | Marysville Home Selling Answers
  • Blog
  • Area Community
    • Living in Scott Farms – Marysville, Ohio Neighborhood Guide
    • Living in Mill Valley-Marysville Ohio Neighborhood Guide
    • Living in Green Pastures
    • Living in Adena Pointe
    • Discover Marysville, Ohio: Our Schools and Amenities
  • Contact
  • Divorce
    • What is a CDRE
    • Divorce Home Sales Guide
    • Divorce Resources and Support
    • Divorce Articles
  • Home
Jim West logo
Jim West logo
  • About Us
    • Meet Jim West Team
    • Our Process: CDRE Real Estate with Jim West Team
    • Our Testimonials
  • Buy
    • Build Your Search
    • Buyer Resources | Jim West Team Marysville
    • Home Buyer Financing Help
    • Marysville Neighborhood Guide
  • Sell
    • Get My Home’s Value
    • Marysville Seller Playbook
      • When Is the Best Time to Sell a Home in Marysville, Ohio? 43040
      • How much does it cost to sell a house in Marysville, Ohio? (Net Sheet)
      • Days on Market in Marysville: What It Means for Pricing
      • As-Is vs. Repair: Which Path Fits Your Marysville Home?
    • Pre-Listing Checklist for Home Sellers
    • Top Seller FAQs | Marysville Home Selling Answers
  • Blog
  • Area Community
    • Living in Scott Farms – Marysville, Ohio Neighborhood Guide
    • Living in Mill Valley-Marysville Ohio Neighborhood Guide
    • Living in Green Pastures
    • Living in Adena Pointe
    • Discover Marysville, Ohio: Our Schools and Amenities
  • Contact
  • Divorce
    • What is a CDRE
    • Divorce Home Sales Guide
    • Divorce Resources and Support
    • Divorce Articles
  • Home
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Jim West logo

Divorce Property Decision Tool

Get clarity on your options and real equity - Free confidential analysis

CDRE Expert

Jim West

(614) 507-5732

Progress 1 of 6

Let's Get Started

Your information is confidential

Your information is kept strictly confidential. Jim West is a Certified Divorce Real Estate Expert (CDRE) with over 20 years of experience helping families navigate property decisions during divorce.

About Your Property

This helps us estimate your home's current value

$

Your best estimate - we'll provide a more accurate assessment

$

Understanding Your Equity

Let's calculate what you really have to work with

$

Check your latest mortgage statement

$

Enter 0 if none

Common Mistake Alert:

Most people calculate equity as: Home Value - Mortgage = Equity. But that's not the whole story. You also need to subtract selling costs (realtor commission, closing costs, etc.) which typically run around 6% of the home value.

Your Situation

This helps us provide the best recommendations

What Are You Considering?

Select all that you're thinking about

Sell the home and split proceeds
Both spouses want to move on, divide equity 50/50
One spouse buys out the other
One person keeps the home, pays the other their share of equity
Keep the home temporarily
Wait until kids graduate, market improves, or other timing reasons
Not sure yet
Need help understanding all my options

Warning About Quit Claim Deeds:

Never sign a quit claim deed without proper legal and financial advice. Even if you transfer the property, you may still be responsible for the mortgage. Jim can explain the safe way to handle property transfers during divorce.

Your Property Analysis

Here's what the numbers really look like

The Reality Check

What Most People Think:

$150,000

Home value minus debts

Actual Net Equity:

$126,000

After selling costs

Why the difference? Selling costs:

Realtor commission (3%): $12,000
Closing costs (~3%): $12,000
Total selling costs: -$24,000

Your Numbers Breakdown

Estimated Home Value: $400,000
Mortgage Balance: -$250,000
HELOC Balance: -$0
Selling Costs (6%): -$24,000
Net Equity to Split: $126,000
Each person receives: $63,000

Buyout Scenario

If one spouse wants to keep the home and buy out the other:

Buyout amount to pay spouse: $75,000
Current debts to refinance: $250,000
New loan needed: $325,000

Important: The keeping spouse must qualify for the new mortgage on their own income and remove the other spouse from the loan. This requires a full refinance, not just a quit claim deed.

Jim's Recommendations

Get a professional home valuation - I can provide a free CMA (Comparative Market Analysis)

Understand ALL your costs before making decisions - selling costs significantly impact your net proceeds

Never sign a quit claim deed without refinancing the mortgage - you could lose the house and still owe the debt

Work with a CDRE (Certified Divorce Real Estate Expert) who understands the unique challenges

Coordinate with your attorney - real estate and legal decisions go hand-in-hand

Ready to Discuss Your Options?

Schedule a free confidential consultation with Jim West, CDRE

Call (614) 507-5732 Email Jim

Jim West, Certified Divorce Real Estate Expert (CDRE)

20+ Years Experience | Marysville & Central Ohio Specialist

jimwestteam.com | jimwest@jimwestteam.com


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Address

Revolution Realty
25 E Waterloo Street, Suite 102Canal WinchesterOhio 43110US
614-834-8000
teamrev@revolutionrealtyinc.com

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