It happens all too often: In the process of a divorce, one spouse is ready to sell the marital or family home, but the other isn't –, and so the latter decides to obstruct the sale. If you find yourself caught in this situation, or you want to avoid such a scenario in the future, it is important to understand the potential issues involved and put safeguards into place to work toward a positive outcome (1). It is also advisable to have an open mind and be reasonable when trying to sell a marital home before, during, or after divorce.
If you want to sell the house before or during divorce, you should try to work together with your partner by setting all your differences aside for a seamless selling process, and you will get a better cash offer for the home. However, if a house is sold after divorce, one spouse will be in charge of making the decisions, making the process much easier. Keep reading to find out the best time to sell a home due to a divorce.
Yes, the timing of selling a family home due to divorce, whether to an investor, individual, or
we buy houses Newnan company, will affect the outcome of the sale. First, selling a home before or during divorce can delay the selling process because you and your spouse can't easily agree on the terms of the sale. But to help you make better decisions, here are the pros & cons and advice on selling a home before, during, or after a divorce.
Selling your marital home before the divorce is one of the best options. At this time, real estate agents,
cash home buyers Newnan, and prospective buyers won't know the reason behind the sale and will offer fair prices and likely close the deal as quickly as possible.
When selling a home, we buy houses Newnan GA companies and real estate agents will want to see that you are living in the same house as a happy couple. There should be no red flags showing that there is a pending divorce. Here are actions to take:
If you can't sell your home before a divorce, the other better option is to sell it after a divorce. After divorce, you or the other spouse will be granted the house and will be the decision maker. You can even agree to sell the house and share the proceeds. So the entire selling process is much easier.
When a real estate agent, prospective buyers, and
we buy houses in Newnan agencies find that the divorce process has been completed, they will offer a better offer because they don't know the reason behind the selling. So negotiation will be easier, and the deal will be closed fast.
Selling your marital house during a divorce is the worst timing. If you sell it at that time, you will not be able to maximize your selling price. It won't be easy to hide a divorce, and savvy real estate agents and
we buy Newnan houses agencies will know that you have a pending divorce and can take advantage of that. There are high chances of receiving a lower offer for the marital house.
If you are anticipating a divorce and want to sell your marital house, you should be careful about the timing. First, you should avoid selling your house during a divorce. Selling the house before or after divorce is better. But selling the house before a divorce is the best option. You just try to live together as a couple to ensure the home gets the best price offer. Once you complete the transaction, you can proceed with the divorce plans.
Ardemis Properties is a family owned house buying business. If you are looking to sell a property quickly, we will make you a cash offer and handle all the closing costs.