Selling Your Home Within a Divorce

Signing divorce and selling property

Selling Your Home Within a Divorce

Divorce is hard. There is no way around that. You have a lot to discuss with your partner in terms of how you will both be moving forward. One of these things you must consider is splitting your assets, a very large aspect you most likely share is your house. The question that arises from considering how to navigate dividing this large and important asset is whether you should sell your house after the divorce. By selling, you create fresh starts for both parties, rather than fighting for who may get to keep the house between the two of you.

If you are curious on how you should move forward in selling your home following a divorce, here are some answers to your questions.

Should you sell your home fast?

This is ultimately something you should be communicating with your partner. Maybe one party would like to stay in the house while one moves out, or maybe you would both like a clean break from the home you made so many memories in together. Regardless of what you and your partner decide, it must be agreed upon and divided equally. Dividing equally can be done by…

What does dividing a house during a divorce look like?

If one partner does want to keep the house, the easiest way to do so is buying the other partner’s half per your agreement. If both partners would like to move out of the house, the easiest way to do so is selling and dividing the money per your agreement.

 

Should you sell before or after a divorce?

Typically, a couple will wait until the end of the divorce process or once it is finalized, but it is not necessarily the best way to sell your home within a divorce. Oftentimes, it takes longer than a couple thinks it will to sell, which means you may feel stuck in the home even after the divorce is finalized. Once the divorce process is brought up and begins, it is suggested to begin the process of selling your home soon after the decision to sell is made. This way you are more likely to finalize the sale by the time the divorce is finalized.

How to sell your home fast during a divorce?

There are a few options to sell your house. The first option is hiring a real estate agent to take on the task for you. With this option you gain a lot of help and resources and can be more hands-off, but it is the costliest option and gives you less control over pricing and marketing decisions. The second option is taking an offer from a cash buyer. This option allows you to work and communicate online in your own time, nearly instantaneous sales, and you pay no agent fees like the first. A con may be that this option will not be available in all markets and property types. You can discover if your home is eligible for this type of sale by contacting a company you may be interested in working with. 

Final Word

Once you’ve decided whether you wish to sell during a divorce or not, you can move forward with the selling process.  If you want to cut yourself some slack from the hassle, uncertainty, and stress, Cash My Real Estate is the perfect solution. You can sell your home fast for cash. Cash My Real Estate is here to help you acquire a cash offer for your house in these simple steps. Contact us, schedule a visit, and get an offer within 48 hours! So, what are you waiting for?

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