It's Never Just a House: How to Decide Whether to Keep or Sell in Divorce with Kimberly Reeves
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Who gets the house? It is one of the first questions that comes up in a divorce, and one of the hardest to answer, because a house is never only a house. It is the kitchen, the pencil marks on the door frame, the first Christmas. And it is also, for most families, the single largest financial asset on the table.
In this episode, host Angie Weber sits down with Kimberly Reeves, a real estate advisor and the founder of Reeves Advisory Collective, who helps people make smart real estate decisions during life's biggest transitions. Kimberly walks through how she actually starts the conversation, beginning with the value of the home, then moving into upkeep, school districts, community, and what the monthly payment would really look like for one person.
She also gets specific about the things people miss. Capital gains exposure drops from five hundred thousand dollars for a married couple to two hundred fifty thousand for a single filer, which matters enormously in a gray divorce where a home has appreciated for thirty years. Refinancing costs that never get factored into the split. Creative options like renting a room or renting short term while life settles. And the questions to ask any real estate agent before you hire them.
If you are staring at this decision and feeling frozen, this conversation will give you a next right step.
Connect with Kimberly:
Reeves Advisory Collective: https://reevesadvisorycollective.com
Kimberly on LinkedIn: https://www.linkedin.com/in/kimberlyreeves11/
This is Episode 13 of the Divorce Discussions Podcast by the Divorce Support Collective, where we seek to reimagine the process of divorce through collaboration and support. New episodes drop every Wednesday.
Note: this episode is general education, not personalized financial, tax, or legal advice. Kimberly is a real estate advisor and is not a CPA or a financial advisor. Please work with your own licensed professionals on your specific situation.