Skip to content

Do you have any questions? Give us a call!

0 27 22 - 93 720
Contact Contact

Checklist: Real estate during divorce

Divorce is often an emotional rollercoaster ride. It is also a bureaucratic hassle. Even if the shared property is always in the back of their minds, many couples find it difficult to find a good solution. To make it easier for you to keep track of the divorce property, here is our checklist.

There are usually four options for dealing with joint property in a divorce. It can be sold or rented out. One of the former partners can take it over and pay the other out or pay them rent.

Selling the property

  • Advantage: makes sense if debts need to be paid off, for example if the mortgage has not yet been paid off
  • Disadvantage: if the loan is repaid before the end of the fixed interest period, many banks demand an early repayment penalty
  • Important: Speculation tax may be payable if the property has been lived in for less than ten years prior to sale
  • Caution: If the two parties cannot agree, there is a risk of foreclosure, which often has a negative impact on the sale proceeds

Renting out the property

  • Advantage: makes sense if the property is to remain in the family
  • Disadvantage: as a landlord, you have to take care of the property management, which can lead to disputes between divorced couples
  • Important: Managing a property often only works if the divorcing couple still get along well and responsibilities can be divided
  • Please note: if the mortgage has not yet been paid off, the rental income should be sufficient to cover the monthly payments

One of the former partners takes over the property

  • Important: whoever takes over the property must be able to cover all costs – the other partner must be paid out, and if the mortgage has not yet been paid off, these costs must also be covered, as must living and maintenance costs
  • Caution: there is often a risk of financial overload, so everything should be thoroughly calculated before taking this step

One person stays in the property and pays rent to their ex-partner

  • Advantage: any maintenance payments can be offset against the rent
  • Disadvantage: Both parties remain liable for ongoing loans – if one becomes insolvent, the remaining debt is claimed from the other
  • Please note: if the loan cannot be repaid, foreclosure may again be imminent

Are you unsure about the best solution for your divorce property? Contact us! We will be happy to advise you.

Note

For reasons of better readability, the generic masculine form is used in this text. Female and other gender identities are expressly included insofar as this is necessary for the statement.

Legal notice: This article does not constitute tax or legal advice in individual cases. Please consult a lawyer and/or tax advisor to clarify the facts of your specific case.

Photo: © HayDmitriy/Depositphotos.com

Contact Form

Are you looking for a new home? Get in touch with us!

We may already have the right property for you in our real estate database. We value personal contact and take time for you and your wishes to ensure a stress-free transaction. Contact us! We will be happy to advise you.

The role of the real estate agent in the modern real estate market: A guide

Real estate agents play a key role in the modern real estate market, combining expertise with interpersonal communication skills. When you decide to buy or sell a home, the support of an experienced agent can make the difference between a successful and a discouraging process. Not only do they know the market and help you find the right price, they also offer emotional support and legal security. A good real estate agent not only has extensive knowledge of local market trends, but also has a wide network of contacts ranging from tradespeople to financial advisors. Garcia & Co Immobilien GmbH places particular emphasis on strategic advice and individual support to ensure that every real estate transaction is a tailor-made success. Trust, transparency, and commitment make all the difference. Make your next real estate purchase or sale stress-free, efficient, and profitable by relying on the expertise of a professional real estate agent.

Why a real estate agent will be indispensable in 2025: advantages and added value

At a time when the real estate market is more complex and dynamic than ever, real estate agents will remain an indispensable partner for anyone looking to sell or rent their property in 2025. Real estate agents not only offer valuable support in pricing and strategically approaching buyers, but also act as expert advisors throughout the entire sales process. A real estate agent brings more than just experience to the table. They provide a comprehensive market analysis that helps to achieve the best possible sale price. With a deep understanding of regional conditions, agents are able to identify and avoid potential pitfalls at an early stage. At the same time, they offer emotional support and relief by taking care of formalities and negotiations. This is particularly valuable at times when real estate transactions are often more than just business, but also involve emotional decisions.

The most important steps to successfully sell a house

Selling a house requires much more than just putting a "for sale" sign in the front yard. Strategic preparation is essential to achieve the best possible sale price and find the right buyer in a timely manner. Determining the market value is the first important step. A well-founded property valuation ensures that you neither underestimate nor overestimate the value, which could deter potential buyers. Experts such as those at Garcia & Co Immobilien GmbH offer many years of experience and precise analyses. Once the value of the property has been determined, effective presentation is crucial. An attractively designed brochure, supplemented by professional photographs, highlights the best features of your property. Consider carrying out minor renovations if necessary to increase its appeal. Well-maintained properties with attention to detail are more likely to attract interested parties and can have an emotional impact on those looking for a new home. Finally, you should prepare for negotiations so that you can respond to the expectations of interested parties. Openness and transparency play a major role here, because trust is an invaluable advantage when selling a house.

Top tips for successfully selling residential properties

Selling a residential property is often one of the most important decisions in a homeowner's life. Achieving the best possible price requires a well thought-out and strategic approach. First, a precise market analysis is essential. This allows you to estimate the current value of the property and skillfully use this information in price negotiations. A reliable property valuation not only builds trust with potential buyers, but also forms the foundation for all further sales strategies. Another important aspect is a high-quality property listing. Professional photos and a detailed description can be decisive in attracting the interest of the target group. In the digital age, a compelling online presentation of your property is essential. Platforms with a wide reach and a targeted approach increase visibility and maximize the chances of achieving the best possible price. Each of these steps requires careful planning and execution to ensure that the sales process is not only successful but also runs smoothly.

Tips for successfully renting out your commercial property

The successful letting of your commercial property begins with a solid market analysis. A deep understanding of the current market situation enables you to set realistic rental prices that are attractive to both you and potential tenants. Take into account the competition and the specific tenant requirements of the industry. A precise target group analysis is essential to find out which clientele is best suited to your property. Achieve this through strategic marketing of your property. Use high-quality presentations and appealing exposés to attract the attention of potential tenants. Platforms such as online real estate portals and targeted social media campaigns offer you the opportunity to reach a wide audience. You should always ensure that your presentation is professional and appealing, as first impressions are often decisive.

How do energy standards affect property values?

Modern insulation, efficient heating technology, and low energy costs are no longer just trends, but decisive factors that directly influence the value and sales potential of your property. Read here to find out why it pays for owners to invest in energy-efficient modernization in good time and how the market is likely to develop in the future.

Negotiating successfully: How buyers achieve a fair market price

When buying real estate, the right negotiation strategy often determines whether you get your dream home at a fair price. However, many buyers feel uncertain when it comes to haggling. This article reveals how you can negotiate confidently and skillfully to ultimately achieve a fair market price for your dream property.

Why 360-degree tours are worthwhile when selling real estate

The way real estate is presented and sold has changed dramatically. What used to have to be done in person on site can now be done with virtual 360-degree tours. Here you can find out what advantages sellers have, apart from the fact that interested parties can view the property online.

Why professional real estate valuation? – An overview

A professional valuation when selling real estate is the basis for the pricing strategy and subsequent price negotiations with prospective buyers. Those who do not do this not only make the sale of their property more difficult, but may also end up selling their property below its value.

This website uses cookies

We use cookies to personalize content and ads, to provide social media features, and to analyze our traffic. We also share information about your use of our website with our social media, advertising, and analytics partners. Our partners may combine this information with other data that you have provided to them or that they have collected from your use of their services.

Some cookies are technically necessary, while others require your explicit consent. For some cookies with consent, isolated personal data (essentially the IP address of your device) is transferred to the US, where we cannot guarantee a level of data protection equivalent to that in the EU.

To continue, you must select your cookie preferences. By selecting our default settings, you only activate the cookies required by the system, but not the additional convenience features. You must actively select these or activate them collectively via "Accept all."

Under Settings, you can enable and disable specific options.

Further information on data protection and cookies can be found in our privacy policy and legal notice .

Settings

  • The site uses cookies to store session information. These are not read by external servers.

    All our images and files are stored in our content management system Ynfinite. They are provided from there. Ynfinite receives your IP address through the provision of the images, but this is only used for the purpose of providing the images within the framework of an http request. The data is not stored long-term.

    Further information on data protection and cookies can be found in our privacy policy and legal notice.

  • through the integration of Google Maps, map data and navigation data are made available to you as a user on our website. Several cookies are set by Google, which are relevant for Google Maps, for the Google Fonts used therein, and for other services necessary for Google Maps. Your IP address is transferred to the USA.

  • the YouTube plugin is used to load YouTube videos embedded on our website. The plugin allows videos to be embedded in the website. This involves the use of several cookies that are relevant to YouTube. Your IP address will be transferred to the USA.

    we use Google Ads to place advertisements on external websites. The data obtained enables us to tailor the advertising on our website more specifically to our customer base and to measure the effectiveness of our advertising measures. Several cookies are set by Google that are relevant to Google Ads. Your IP address is transferred to the USA.

  • We use 360° panoramic tours from Ogulo GmbH on our website. This involves the use of cookies and services—including those of third parties—that are relevant for the provision of this service by Ogulo GmbH.

  • We use real estate value analyses from ZwoVadis GmbH on our website, which set cookies that are relevant for ZwoVadis GmbH.

  • the onOffice plugin embeds several services required for the functioning of the "buyer finder" on our website. This involves the use of several cookies, including those from other providers (Sentry, Unpkg), which are relevant for the onOffice plugin. Some of these sub-services transfer your IP address outside the EU.

  • With Matomo, we collect information about the pages and services you use, which enables us to provide you with content that is better tailored to your personal preferences. Personal data is immediately anonymized and not stored; the data is summarized anonymously and does not allow any conclusions to be drawn about your identity.