Selling a home during a divorce can be extremely difficult. The biggest issue is often agreeing to sell it at all. Too often, neither party wants to go through the long process of listing a house the traditional way.
If you can both agree to sell, you don’t have to spend weeks or months following the typical steps of a traditional sale. You can sell it for cash, as-is, and move on to the next chapter of your life quickly.
How to Navigate Selling a Home During a Divorce
Emotional attachment can make it difficult for either party to agree to leave the house. But fighting over who gets the home doesn’t help the situation.
Agree to Sell
The first step is for both parties to come to an agreement to sell. This can be very difficult, but selling a home during a divorce can provide some much-needed closure and allow everyone to have a fresh start.
Even a couple parting on good terms likely won’t want to deal with everything that traditional sales demand such as staging, showings, negotiations, repairs, appraisal, and inspections.
Selling to a cash home buyer vs a traditional sale can be an excellent solution in a divorce situation as it can close in as little as a week, in any condition and any unwanted contents can stay in the home. Selling as-is is a great way to move things along as quickly as possible.
Contact a Cash Home Buyer
Do your due diligence in finding reputable cash home buyers in your area and have them look at the house and make their offers. Compare your offers and agree on the one that is best for you. Make sure to get proof of funds before signing a contract.
In some situations, one of the partners may want to remain living in the home, but can’t afford to buy the other partner out. In this case, let the cash home buyers know that one of the sellers would like to rent the house and it may be possible to make that a condition of your sale.
Get the Cash
Divorce is expensive. It’s likely that at least one party is paying rent to live elsewhere which can put a strain on finances in an already difficult time. Don’t get behind on the payments and allow your biggest asset to go into foreclosure. Agreeing to do a quick, as-is cash sale can provide much-needed financial relief.
Selling a Home During a Divorce
When you choose to go with a cash home buyer, you can rest assured that the process will be quick and professional. You won’t have to prepare for a listing, wait for a buyer, make any repairs or deal with showings and marketing.
A quick cash sale is a healthy way for you both to move forward and start the next chapter in your lives.