Divorce is one of life’s most difficult transitions, and when real estate is involved, the process can become even more emotionally and financially complex. Whether you're selling a shared home, buying a new one, or trying to determine your next steps, making wise real estate decisions during a divorce is crucial to protecting your future.
At Helen Oliveri Real Estate, we specialize in helping clients through every stage of life, including the sensitive circumstances surrounding divorce. If you're navigating this chapter in Hawthorn Woods or the Chicagoland suburbs, here’s what you need to know.
1. Understand Your Homeownership Rights and Financial Responsibilities
Before making any real estate moves, it’s essential to understand:
Who legally owns the property?
Is the home considered marital property under Illinois law?
Who is listed on the mortgage and title?
In Illinois, assets acquired during the marriage are typically considered marital property and are subject to equitable distribution. Even if only one spouse is listed on the title, the home may still be shared property. It’s vital to speak with your attorney and Realtor to understand how this affects your rights.
2. Decide on the Best Path: Sell, Refinance, or Buy Out
Once ownership is established, you’ll need to decide what to do with the home:
Sell the home and split the proceeds: This is the most common path and can provide a clean break.
One party refinances and buys out the other: If one spouse wants to stay in the home, refinancing in their name can remove the other from financial responsibility.
Keep the home jointly owned temporarily: In some cases, couples agree to maintain ownership until the market shifts or kids graduate.
Each path has pros and cons. Helen Oliveri Real Estate provides objective, data-driven guidance to help you evaluate your best option.
3. Work with a Realtor Who’s Professional, Neutral, and Discreet
Real estate during divorce requires more than market expertise, it demands emotional intelligence, discretion, and trust.
Helen Oliveri is known for:
✔ Neutral communication with both parties and legal teams
✔ Discreet handling of showings, offers, and negotiations
✔ Detailed documentation for court or mediation use
✔ Compassionate support during a challenging time
Having an experienced Realtor who understands the legal and emotional landscape of divorce can reduce tension and help protect your financial interests.
4. Keep Records and Be Prepared for Legal Oversight
During a divorce, every real estate transaction must be transparent and well-documented. You may need:
Copies of listing agreements, offers, and closing statements
Appraisals or comparative market analysis (CMA) reports
Repair estimates or inspection reports
Communication logs between parties and agents
Helen Oliveri Real Estate maintains thorough records and provides clear timelines to ensure compliance with any court-mandated procedures.
Final Thoughts: This Chapter Doesn’t Have to Define You
Buying or selling a home during a divorce in Hawthorn Woods is a big decision, but it doesn’t have to be overwhelming. With a seasoned professional by your side, you can move forward with clarity, dignity, and confidence.
Helen Oliveri has helped many clients through sensitive transitions with care, respect, and results. When you're ready to make your next move, on your terms, we’re here to guide you every step of the way.
Considering a real estate move during divorce?
📲 Contact Helen Oliveri Real Estate today for a confidential consultation.
Your next chapter begins with the right support.
Helen Oliveri 🏠
Designated Managing Broker Owner
Helen Oliveri Real Estate
📍 Serving Hawthorn Woods & Chicagoland Suburbs
