Divorce is never easy — emotionally, legally, or financially. And when you're navigating this major life transition, questions about your living situation naturally come up. One of the most common is:
“Can I buy a home during my divorce?”

The answer? It depends.

In this blog, we’ll break down what you need to know about buying property before your divorce is finalized, from the legal rules to how lenders evaluate your financials, and why having a Divorce Realtor Specialist like Victoria Fung can make all the difference.

Legal Considerations: Is It Allowed?

In British Columbia, assets acquired before the divorce is finalized may still be considered part of the matrimonial property — even if you're legally separated.

Here’s what that means for buyers:

• New purchases could be subject to division.
  If you buy a property before your divorce is finalized, your ex-spouse may have a claim to it unless there is a clear separation agreement or court order stating otherwise.
  
  

• A signed separation agreement matters.
  If you’ve already agreed on property division in writing, and both parties are moving forward amicably, then buying a new home may be more straightforward.
  
  

• Talk to a family lawyer first.
  Before making any major financial moves during divorce, legal guidance is crucial to protect your interests.
  
  

What Lenders Look For

Even if it’s legally possible, financing a home during a divorce comes with its own challenges. Lenders will scrutinize your financial situation more closely, especially if joint debts and shared liabilities are still in the picture.

Key considerations include:

• Spousal support obligations:
  If you’re paying or receiving spousal or child support, lenders will factor that into your debt-to-income ratio.
  
  

• Joint debts (like mortgages):
  If your name is still on the current mortgage, it may affect your borrowing power — even if you’ve moved out.
  
  

• Credit score impacts:
  Divorce can complicate finances. If shared accounts are missed or maxed out, it can impact your credit score, which lenders review closely.
  
  

Tip: A clear, written agreement about how debts and assets are being handled can make a big difference when applying for a mortgage.

Should You Wait to Buy?

While it’s possible to buy a home during divorce, it’s not always practical. Here are some pros and cons to help you decide:

Pros:

• You can start fresh and regain control over your living situation.
  
  

• You may find the perfect property and not want to risk missing it.
  
  

• It can be a step toward emotional and financial independence.
  
  

Cons:

• Potential legal entanglements with your ex-spouse.
  
  

• Added stress during an already difficult process.
  
  

• Financing hurdles or needing to make a larger down payment.
  
  

Why Work with a Divorce-Savvy Realtor?

This is where working with a Divorce Realtor like Victoria Fung can be a game-changer.

Victoria understands that buying (or selling) a home during divorce requires more than just market expertise — it requires compassion, discretion, and clear communication. She works closely with clients and their legal teams to ensure every decision is informed, fair, and tailored to their best interest.

With Divcore Realtor Victoria by your side, you get:

• A trusted advocate who respects the sensitivity of your situation
  
  

• Experience navigating property sales and purchases during separation
  
  

• A calm, professional guide who reduces stress and avoids conflict
  
  

Ready to Talk?

If you’re going through a separation or divorce and have questions about buying or selling a home, know that you don’t have to navigate this alone.

Victoria Fung is not just any Vancouver Realtor — she’s a Divorce Real Estate Specialist who brings knowledge, patience, and heart to every client experience.

Contact Victoria Today
info@victoriafung.ca
Call:- (778) 389-7683

As we move through different stages of life, our housing needs naturally evolve. For many seniors, the idea of downsizing—moving into a smaller, more manageable home—can be both emotional and empowering. While letting go of the family home may feel daunting, downsizing can bring unexpected freedom, peace of mind, and a better quality of life.

If you’ve been asking yourself, “Is it time to downsize?” Here's a look at the life-changing benefits of right-sizing your home in retirement and beyond.

1. Less Space, Less Stress

One of the biggest advantages of downsizing is reduced maintenance. Large homes often come with never-ending chores—cleaning unused rooms, mowing big lawns, and repairing aging structures.

By moving into a smaller home, condo, or senior-friendly residence, you can:

• Cut down on daily upkeep
  
  

• Eliminate expensive repair bills
  
  

• Free up time for things you love—traveling, hobbies, or family
  
  

Downsizing means simplifying. And simplicity leads to peace of mind.

2. Unlocking the Equity in Your Home

For many seniors, their home is their biggest asset. Downsizing gives you the opportunity to convert equity into financial flexibility.

By selling a large, mortgage-free property and moving into something more affordable, you can:

• Boost your retirement savings
  
  

• Reduce monthly expenses (utilities, taxes, etc.)
  
  

• Afford lifestyle upgrades like travel, leisure, or health support
  
  

• Help children or grandchildren financially, if desired
  
  

It’s not just a move—it’s a smart, strategic decision for your financial future.

3. Improved Accessibility and Safety

Many homes weren’t built with aging in mind. Stairs, narrow hallways, or outdated bathrooms can become daily hazards.

Downsizing allows you to choose a space that fits your physical needs, such as:

• Single-level living
  
  

• Elevator access
  
  

• Walk-in showers
  
  

• Proximity to medical care or loved ones
  
  

It’s about creating a safe, comfortable environment that supports your independence for years to come.

4. Decluttering Can Be Healing

Letting go of items—and even rooms—that no longer serve your lifestyle can be a powerful process. Many seniors find that decluttering brings emotional clarity, helps prioritize what really matters, and opens the door to a more peaceful home life.

With the right guidance, it can even feel liberating.

5. Making the Move on Your Terms

One of the most important reasons to consider downsizing before it becomes urgent is control. Moving early—by choice rather than by circumstance—allows you to:

• Choose the right home, not just the only available one
  
  

• Plan the move with care
  
  

• Involve your family in a supportive way
  
  

• Reduce future burden on loved ones
  
  

Proactive planning gives you the chance to shape your next chapter exactly how you want it.

How Victoria Can Help You Downsize with Confidence

As a licensed Realtor and a Seniors Real Estate Specialist® (SRES), I understand that downsizing is about far more than just moving—it's a life transition. That’s why I take a personalized, compassionate approach designed specifically for seniors and their families.

Here’s how I support you every step of the way:

• Customized Planning: We'll start with a one-on-one consultation to understand your needs, lifestyle, and timeline.
  
  

• Trusted Network: I can connect you with reliable professionals—organizers, movers, estate planners, and more.
  
  

• Step-by-Step Support: From listing your current home to finding your next one, I handle the logistics so you can focus on the journey.
  
  

• Family Involvement: I work closely with family members (if you choose) to ensure everyone feels supported and informed.
  
  

• Patience & Care: No pressure, no rush—just clear guidance and a thoughtful plan that works for you.
  
  

Final Thoughts

Downsizing isn’t about losing space—it’s about gaining freedom. Freedom from the upkeep. Freedom to live how and where you want. And freedom to enjoy retirement on your own terms.

Whether you’re ready now or just beginning to explore the idea, I’m here to help you feel confident, comfortable, and fully supported through every step.

Ready to Take the First Step?

Let’s chat about your goals, your options, and how I can help make this next chapter your best one yet.
Call or Text: (778) 389-7683
Email: victoria@victoriafung.ca