A divorce is an emotional time where everyone involved can end up dealing with feelings of anger, sadness, and frustration. What's important to remember is that (as hard as it may be) setting emotions aside to finalize the financial situation is extremely important. It may not be easy, but if you both don't deal with the financial parts of your divorce you will end up regretting it. By agreeing to sell your home you can more easily divide up your assets, and you can also use the money to resolve the new financial expenses that you are now both facing.
In many cases it's common for the mortgage payments to fall behind when one party leaves and the other stays. This can be due to financial limitations for the party that stays, or it can be that they are just being spiteful and refusing to make the house payments. In this case nobody wins, because both the party that stays in the home and the one that leaves, will see their credit damaged.
In order to try to avoid having your credit damaged further it's advisable to try to sell the home before it enters foreclosure. Since time is not on your side during foreclosure - at this point, you are better off finding a company that will make you a cash offer rather than taking the time to list it. That's where we, Rise Real Estate Group can help.