Oftentimes, one person will want to maintain ownership of the home and buy the other person out of their half. However, this isn’t a realistic option for most families. To avoid further conflict over the home, many people decide to sell the home and divide the value based on their divorce agreement.
There are several best ways to sell your house during divorce.
Oftentimes the two parties simply can’t agree on who will get to keep the house. If you’ve lived there for years, you are both likely attached to the place and would prefer to keep it.
However, one of the most common situations is that neither spouse can afford the house on their own. The mortgage, home insurance, property taxes, utilities, repairs, and other costs are expenses that got shared between two separate paychecks.
Finally, it’s just easier to sell the house, divide the money, and go your separate ways.
DIVORCE PROPERTY DIVISION TIP #1: TRY TO COME TO AN AGREEMENT WITHOUT COURT INTERVENTION
It’s always best to come to an agreement with your spouse regarding selling the home, no matter how difficult it might be. If for whatever reason the two of you can’t come to an agreement, the court will intervene and determine what they feel is reasonable for both parties. This may or may not work in your favor, depending on the circumstances.
DIVORCE PROPERTY DIVISION TIP #2: GET YOUR AGREEMENT IN WRITING
As much as the two of you might have loved and trusted each other up to this point, people can have a dramatic change of heart during divorce – especially when emotions are running high and there’s a lot of money on the line.
It’s smart to agree on how you’re going to divide the value of your home and get in writing in your divorce agreement. This way, you are both held accountable by the court to uphold your end of the deal and no one has to worry about any last-minute problems. In fact, once your divorce petition is filed, the court will typically prohibit any sale of the family home until you’ve filed a written agreement.
DIVORCE PROPERTY DIVISION TIP #3: DISCUSS HOW YOU WILL SELL YOUR HOUSE DURING DIVORCE AND THE ASSOCIATED COSTS
Selling your home is often a drawn-out process that requires you both to agree on several important decisions, such as whether or not to hire a realtor, which realtor to use, how you split the expenses related to selling your home, etc.
If you choose to sell your home through a realtor, you will most likely have to invest some money fixing up your home and getting it ready to show to the market. You want to discuss how these expenses will be divided and put it in your written agreement.
Perhaps you’ve decided you just want to sell your house as quickly as possible to get it over with and move on with your life. You’re not alone, and we’ve helped many couples in your exact situation.
We offer several advantages over selling your home through a realtor, especially when going through a divorce. In fact, the number one reason our clients love our service is because of how fast and easy the whole process is.
When you sell your home to us, you don’t have to worry about agreeing on the right realtor or paying for any repairs and renovations. We are the direct buyer and we buy homes in any condition. Plus, there are no realtor fees or closing costs!
What makes our service even better is that we can close in less than a week. That is certainly much faster than if you tried to sell your home through the traditional real estate market.
HOW IT WORKS
In just 3 quick steps you can achieve to sell your house fast during divorce.
Contact us or fill out our form to get an instant no-obligation quote from our team.
We’ll then send someone to do a free property inspection, where you will get a Guaranteed Best Cash Offer on the spot.
Once you accept the offer, we can move forward and close the sale in less than 7 days!
Get in touch today to get started.
Our goal is to help make your life easier and get you out from under the property that’s stressing you out… while still paying a fast, fair, and honest price for your house.
Or Give Us A Call Now At: (703) 468-8700