How to Sell Your House Fast after a Divorce
The events that lead up to a divorce and the divorce process itself can take a toll on both people involved. Deciding what to do with the house that the two of you purchased can be an additional stressful issue that you find yourself dealing with. In many cases, if you can sell house in divorce fast you can quickly eliminate a succession of other complicating issues that will have to be resolved.
The mortgage payments may be higher than you can manage alone. In order to protect your credit, you will need to sell your house to get free of a debt you can’t afford. In addition to the mortgage payments, there are other expenses that go along with home ownership so as insurance and maintenance costs. These can put a burden on you now that you are going it alone. Even the physical upkeep of your house may be more than you are able to handle on your own. Quite possibly, the best way to ease the burdens associated with your house is to put your home on the market to find a buyer for it.
When people divorce, it’s always such a tragedy. At the same time, if people stay together it can be even worse. – Monica Bellucci
To help you see through the fog and avoid common pitfalls, here are five questions you need to consider before making a final decision about your house. By answering these questions, you can minimize issues related to the division of your house—likely your largest asset:
» What are the tax liabilities if you or your former partner takes full ownership of the home?
» What are possible pitfalls if one party stays in the home and the party is responsible for paying the mortgage?
» What are the actual annual costs to maintain the home? Has a recent inspection been done, and, if so, are you fully aware of all issues?
» Should you keep the home and buyout your soon-to-be ex-spouse, or vice versa?
» Can either of you really afford to keep the home after the divorce?
WHEN SPEED IS WHAT WILL HELP
Once you’ve decided to sell your house, the faster you can sell it the better off you’ll be. Typically, prior to reaching the stage of filing for divorce, a lot of issues are going on and the appearance and condition of the house just isn’t high on the priority list. However, in order to get a buyer quickly, there are usually several things you’ll need to do in order to sell to a retail buyer who is going to live in the house as a primary residence ( verses a real estate investor)
Advantages of working with a Housebuyer™
We all would like to have our house to look like a happy home with a pleasant atmosphere and a beautiful decor that appeals to buyers. But the reality is a divorce is not pleasant and your house will reflect that. So instead of investing valuable time and money into the appearances of your house, some going through divorce choose to work on closing on the past memories by closing on the house as soon as possible.
If your main priority is to put the past behind you quickly yet responsibly, working with a Housebuyer® works the best guide you through selling a house based on your time-frame.
You may need to put some of your things in storage and possibly rent some furniture for the staging.
In many divorce-seller situations we have allowed the free, short-term use of the house in order to store items after we have purchased it from the seller. This save you storage fees and having to move the items twice.
PRIORITIZING YOUR MOST IMPORTANT THINGS
A To Do list is a great tool and the basic pen and paper are the fastest and easiest. Your To-Do list works because it helps you focus and easily adjust your goals and, after a short time of using it, it will show that you are making progress.
Some agents and how-to websites may recommend to stage the house but it can be an expensive job, even if you do it yourself. Instead of renting furniture for the staging simply be done with it by contacting an investor who buys houses. Once your house is sold, you will be free of the burden of owning and maintaining the house by yourself.
A Note about Prioritizing Your To-Do List
If there are broken or neglected kid’s toys or swing sets in the yard, you can leave them them. The same goes for trimming overgrown shrubs and cleaning up neglected flower beds; you have more important things on your priority list.
An Overwhelming Majority
98% of our seller experiences agree they made a great decision and would recommend us to friends and family. If you are dealing the complications of a divorce and need to sell a house fast consider filling out our free, no obligation house selling offer form for a quick no hassle sale. We will contact you within 24 hours so you can put your worries behind you!