If you’re wondering about the ins and outs of selling your home during a divorce, we’ll go over the steps and things to look out for in this article.
With 40-50% of American marriages ending in divorce, many divorcing couples are looking for advice when selling a home during a divorce.
A home is one of the most valuable joint assets, and obviously cannot be divided without first liquidating it. While a divorce is one of the most stressful and emotionally charged life events, it’s important to remain rational when selling your house. There are several factors to consider when facing a divorce in a real estate market that has fluctuated since the housing bubble burst.
Determine if (and when) You Will Be Selling Your Home During Your Divorce
In many divorce cases, one spouse will keep the home, buying out the departing spouse’s share.
In many cases, agreements are made where one spouse uses the house for a set period of time (this is usually used when there are children in the home), and then sells it at a later time (usually when the children reach a certain age).
Get Professional Help – Agents and Home Buyers / Investors
Selling a home is a difficult process even when everything is going right.
During a divorce, you have a lot going on and to consider, so you shouldn’t take on the task of selling your home by yourself. You may have disagreements with your spouse about selling price or other issues, so by working with a real estate professional, you’ll both have a neutral third party who can help you determine a fair selling price and handle the marketing of your home.
If you need to sell your house fast… reputable local real estate investment firms like 1-844-Exit-As-Is, Inc. may be a great option. Firms like ours actually BUY HOUSES (rather than listing them like agents do)… and we pay cash and can close quickly if you need to sell this house fast.
If you can wait the time it’ll take to list it with an agent and sell it on the open market, going with a real estate agent may be your best bet.
But if you can’t wait the months it sometimes takes to sell a house in this market, call us to see what we can offer you for your house during your divorce.
Set (and stick to) a Timeline
It’s important, when selling your house during a divorce to keep a timeline.
You should put your home for sale in advance, setting firm closing dates and moving dates, and coordinate which spouse will be handling the sale (or talking to the real estate agent). Make sure that each of these agreements are in writing, and negotiate penalties for breaching the agreements. This helps ensure a smooth, surprise free home sale.
Selling Your House Fast For A Fair All-Cash Price
One option that many divorcing couples have turned to in recent years is making a quick sale to a real estate investor like 1-844-Exit-As-Is, Inc.
Reputable local real estate investors like us, purchase houses quickly and easily, and the process can often take as little as seven days.
Deciding how to sell a marital home doesn’t have to be as stressful as the divorce itself.
By deciding to sell and selling fast to a real estate investment firm like 1-844-Exit-As-Is, Inc., the process will move quickly and according to an agreed upon schedule so all parties can walk away from the sale without stress.
If you want to discuss your situation with selling your house during your divorce and see if we can help you save time, reduce stress, and get out of this situation fast…
Give us a call anytime at (844) 394-8274 or
We’ll evaluate your house, make you a fair all-cash offer, and you can decide if selling your house to us is the best fit for you. We’re here for you, just reach out and lets chat.