So, you’ve gotten to the point where about 40% of married couples in the U.S. go their separate ways. We are pretty sure it has been an emotional rollercoaster; between figuring out the right plan to care for the children and making sure all assets are appropriately shared, the process can quickly become overwhelming.
The most significant decision during a divorce, after thinking of the kids, if any, is what to do with the house. Depending on the circumstances, the house may need to be sold, and the proceeds shared between you and your partner. Or, you may be the partner who gets the house, and for several reasons want to sell it.
Whichever the case, selling your house quickly can become crucial, and in this post, you’ll learn how to sell your home fast in a divorce.
Before You Sell Your House Fast, Here Are a Few Things to Consider
- Are You On the Same Page With Your Ex?
Nobody wants to buy a house whose ownership is in dispute. Thus, before you start the process of selling your house, you must have resolved all financial and legal issues surrounding the house. If the house still belongs to both of you, make sure that you and your partner are in total agreement to sell. And, if you get the house during the divorce proceeding, ensure that all documents are duly signed.
- When do you want to sell?
You can sell your house before or after the divorce is finalized. Both options have pros and cons, and what you choose depends on your needs. When you sell before, you can cash in on home equity and be exempted from the capital gains tax. However, it can delay the divorce process, if you don’t find a buyer quickly.
On the other hand, when you sell after, you can time the market better and sell your property at an increased value. Also, you don’t have to add the hassle of selling your house on top of the stress of divorce proceedings. Nonetheless, it’ll make it difficult to let go of your emotional ties to the past. Whichever option you decide on, you can sell the house for cash fast to investors and move on with your life quickly.
- What’s Your Location?
The location of your house has everything to do with the pricing and how fast it will get sold. Houses in safer, high-brow areas are more likely to sell faster than those in dangerous, rundown areas. For instance, in New Jersey, a house in Ocean County will sell more quickly on the market than a house in Camden.
- How Much Do You Want To Sell It?
The price you slam on your house plays a huge role in determining how fast your home sells, irrespective of what method of sale you use. It would be best if you are realistic and flexible with the price you set. The location and style, as well as the condition of your house, are some of the factors that will affect the pricing. Thus, you have to weigh all of these factors and be willing to adjust your intended price, so you don’t miss out on closing a good deal.
So, How Do I Sell My House Fast During A Divorce?
As a divorcee (or almost divorced), you can utilize different methods to sell your house. However, to sell your house quickly in a divorce, the best option is to sell it for cash to real estate investors. In any case, we have outlined three methods below in which you can sell your house during a divorce.
- Sell Your House For Cash
As a divorcee looking to sell your home fast, consider selling it for cash, which is the fastest method available. With this method, you can sell your house without going through the stress or wasting time to list, stage and show your house, and negotiate with several buyers. That is, you can get paid cash for your house, split the money if that is the terms agreed on between you and your partner, and move on with your life, all within a month.
When selling your house for cash, your target buyers should be reputable real estate investors, like Quick and Easy Offers. You can sell for cash to other people, but with real estate investors, you’re sure to get paid in cash for your house instantly, no matter its condition. So, there’s no chance of last-minute surprises, due to whatever reasons.
There are “sell my house fast for cash” signs put up by real estate investors in almost every neighborhood. However, if you’ve not noticed any or you’re looking for a reputable buyer, you can leverage the internet to find one. A Google search of “sell my house fast for cash in N.J.,” for instance, will help you find several investors who will buy your home quickly in New Jersey.
After contacting an investor, an inspection appointment will be set up, and an offer made afterward. If you accept the investor’s offer, the deal can be closed immediately. What’s more, you can sell your house at a fair price without carrying out repairs, as you would when selling it the traditional way.
- Use A Realtor
This is the most popular way of selling your home. This method of selling your home involves hiring a real estate agent to broker your home’s sale. The real estate agent helps you find a buyer by listing your home for sale and marketing it to potential buyers both online and offline. Prospects who see the house will indicate interest and request for a showing, and here’s where it gets cumbersome.
When you want to show your house, you have to ensure it’s in pristine condition, so its perceived value can increase. For this to happen, you have to stage your home, which usually involves massive cleaning, utility repair, and aesthetics touch-ups. Unfortunately, during a divorce, you won’t have the time and the energy to stage your home for sale, nor be inclined to spend the money to do so.
- Auctions
Putting your house for auction is another means of selling your house. Auctions are quite reliable in selling your home, but you have to be ready to sell below market price. Also, you would be required to pay legal fees, and about 3% of what you get paid goes to the auctioneer. Not to mention, your house must be in excellent condition for it to sell at an auction. This means that you must carry out repairs, which may be quite expensive.
Whether you want to sell your house because it’s necessary to divorce proceedings or because you simply want to get rid of the past, the best way to do it quickly while maximizing profits is to sell your house for cash fast to a real estate investor.
Contact us at Quick and Easy Offers today to learn how we can close a deal on your home within days, during your divorce. You don’t have to spend months arguing with your soon-to-be-ex or keep a property you’ll rather get rid of quickly. Let us buy your home for cash fast, so you can focus on other important things.
