Navigating Personal Property Challenges in Minnesota Divorce Real Estate
In Minnesota divorce cases, personal property disputes are becoming increasingly common. Understanding and addressing these issues early can prevent delays and potential contract breaches when selling a home during a divorce.
When a divorcing couple needs to sell their house, it's essential to clear all belongings before closing. Although this requirement might seem obvious, it is often overlooked until the last minute, leading to breaches of contract and, in some cases, damages paid to the buyer.
Here's the challenge: Once the property is under contract, the timeline accelerates, sometimes just days after listing. All personal property must be removed by closing, typically within 30 days. This is a contractual obligation, and those 30 days can pass quickly.
To avoid hindering the sale and breaching the contract with the buyer, it's recommended that the division and disbursement of personal property be decided before listing the house, especially in high-conflict cases. This can also help declutter the home, making it more attractive to potential buyers.
Handling personal property before listing the house is often the best approach. Here are a few effective solutions:
Individual PODS: Each party can use their own PODS, parked in the driveway, to load their belongings. These can then be transported to storage and retrieved later at their new residence.
Shared Storage: If no agreement is reached, secure a single POD or storage facility for all unclaimed belongings until further division or court orders are made.
Junk Removal or Donation: If all else fails, consider hiring a junk removal company or donating items to a non-profit organization to clear out the remaining "stuff."
Every divorce case is unique. While focusing on the real property aspects, Shannon Lindstrom, Realtor with RE/MAX Results and a Certified Divorce Real Estate Expert (CDRE), is always available to offer suggestions for managing personal property under challenging circumstances.
Your new beginning starts with the right guidance. Reach out today to start the conversation and find peace of mind in the process.
Shannon Lindstrom, Realtor®, CDRE®, GREEN, MILRES, MRP, VCA
RE/MAX Results
Direct: 612-616-9714
Lindstrom_S@msn.com
Shannon@ShannonLindstromRealtor.com
www.ShannonLindstromRealtor.com
www.ShannonLindstrom.info
https://www.ilumniinstitute.com/cdre/shannon-lindstrom