There are a number of things that divorcing sellers will need to have contemplated and decided prior to sitting down at the settlement table.

Including:

• How proceeds will be disbursed, such as how mortgage refunds will be returned,
• How taxes will be filed, and
• If they want their forwarding addresses shared with the other party respectively.

This is why it is of utmost importance to communicate to your settlement attorney or MBH processor that your sellers are divorcing, as soon as you know.

We can help to discuss these things with them before signing time, which keeps emotions low, and provides confidence going into the closing process.