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Tips for selling an overseas property

When you and your spouse decided to buy a vacation home, you did not just want a property up in Michigan or out on the East Coast. You went all out and paid well over $1 million for a property in Europe. You bought a beautiful historic home on the water. It had a lot of charm and really gave you the relaxing escape you were looking for.

Now you are trying to sell, though, as you and your spouse have decided to get divorced. Neither one of you wants to keep such an expensive asset alone, so you are going to divide what you earn after selling. Here are a few tips to help you make that sale:

  • Sell the dream. The house must be clean and well-kept. Make sure the potential buyer can see themselves moving in right away.
  • Take your personal touches out of the house. They may not have your taste. Make the home a blank canvas.
  • Pick the best feature and do what you can to emphasize it. Possible features could include a great view, water access, an updated kitchen or a stunning master suite.
  • Show off what you loved about the property. Maybe it was escapism and an idyllic existence in the French countryside. Someone else wants that same experience, too. Make sure they can see it in your property.
  • Stay flexible. Selling in another country can take time, and it is complicated. Make sure you know what you are in for.

At the same time, you also want to be sure you understand your rights and the legal options you have. A lot is on the line when you are dealing with high-value assets like this, and you do not want to make a mistake.

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