J. Philip's Westchester Real Estate Blog: Will the Slow Market Save Some Marriages?

J. Philip Faranda is based in Briarcliff Manor, NY. His market covers Westchester & the Hudson Valley. In addition to owning his growing brokerage, he ranks in the top 10 out of over 7000 agents in the EAMLS for closed transactions each year since 2007. He has appeared on ABC World News, quoted in the NY Times, AOL, AP & many other media. He is also a Vice President for the Empire Access MLS. You can reach him at (914) 723-8900.

Will the Slow Market Save Some Marriages?

Those of you who have listed and sold homes of divorcing couples will attest to the frequent difficulty of those files. The NY Times has an article on how the slow market is causing the liquidation of marital real estate to be far more difficult in some cases, causing the people to remain living together in some cases. In an acrimonious divorce, this can just perpetuate hell on earth, I am sure.

But what if it isn't the war of the Roses, and being compelled to live together actually forces people to reconcile their differences? One quote in the Times article from a divorcee stuck with me:

if she had known how little money she would get "I might have stuck with it a little more; I don't know," Ms. Tomasko said, adding, "Maybe it would've made me think a little harder."

To be sure, the slower market makes most divorces worse, because it takes the idea of a fast settlement off the table. But for some, it might be the impetus for detente, then negotiation, understanding, and, just maybe, a new beginning. Call me a hopeless romantic, but I'd love to hear a story like that for real.

Couple arguing

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2 commentsJ Philip Faranda, Broker-Owner • December 30 2008 08:30AM

Comments

But for some, it might be the impetus for detente, then negotiation, understanding, and, just maybe, a new beginning.

I haven't found this to be true, but one can hope.

Fran

Posted by Fran Gatti - Realtor®, CDPE®, RDCPro®, Crescent City CA Real Estate (RE/MAX Coastal Redwoods) about 3 years ago

Representing a couple that is getting divorced has got to be one of the toughest situations to navigate, you just never know if everything is going to explode and how to pick up all the pieces.

Posted by Morgan Evans-New York City Real Estate Expert (Prudential Douglas Elliman) almost 2 years ago

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