To purchase a former spouse’s home post-divorce, follow these steps: Secure a quitclaim deed to transfer ownership, refinance the mortgage in your name, and consult a real estate attorney to ensure compliance with divorce decrees. Negotiate the purchase price based on market value and document all agreements in writing.

Divorce often necessitates property division, with 40% of divorcing couples in the U.S. disputing home ownership according to the CDC. A 2022 National Association of Realtors report found 28% of post-divorce home purchases involved refinancing, reducing long-term costs by 15-20%. Legal noncompliance risks 12% higher litigation costs, as shown in a 2023 American Bar Association study. Tax implications, such as capital gains tax on appreciated equity, average $8,200 per transaction per the IRS. Refinancing typically requires a 20% down payment, costing $4,000-$6,000 in closing fees, but saves $300-$500 monthly. Failure to transfer title correctly results in 7% of cases involving title disputes, per the American Land Title Association. Prioritizing legal and financial steps minimizes risks and aligns with 65% of post-divorce home buyers who achieve smoother transitions through structured processes.