You can sell a property before, after, or during a divorce, and the best option may be different for each couple. A number of factors can impact the best timing, including housing market conditions, how amicable your split is, and the financial needs of each spouse.(1) Besides the timing, other factors will affect the sale, such as the route you take and the pricing. Here are the best solutions that will ensure a quick sale.
Find a Common Ground with Your Ex-Spouse or Ex-Spouse-to-be
If you want to sell my house fast Reynoldsburg Ohio, especially before or during divorce, you need to talk with your partner. You must set aside your differences and agree on how you’ll proceed with the sale and what you want to do with the proceeds. This will help you establish common goals and work together for a seamless home-selling process.
In case, communication is a challenge, you need to be very smart. Don’t pressure the other partner if they are unresponsive. Use written documents to communicate with the partner, and if they remain unresponsive, use mediation. In addition, seek legal advice to know what else you could do and the steps to take if the ex-spouse refuses to communicate.
Set a Realistic Price
Once you and the ex-spouse-to-be have found a common ground, you can set a realistic price for the house. If you were together when buying the house, know that both parties have equal rights to make decisions regarding the sale and price. So, work together and do a market analysis to set a realistic price for the property. This will ensure that the home gets a buyer quickly, allowing you to move on with life sooner.
Hire a Real Estate Agent
If you decide to sell your house the traditional way, you will need the help of an experienced real estate agent. An agent will help you market the house and negotiate with potential buyers. In addition, they will help you prepare the paperwork and close the deal, ensuring you avoid mistakes that can delay or ruin the sale.
Prepare the House
If you want your home to sell quickly, you must prepare it to become more appealing to potential buyers. Start with deep cleaning the house and removing the junk. In addition, you should declutter the home to make it appear more organized and tidy.
Most importantly, you should fix visible damages, such as water leaks, roof leaks, broken windows, electrical faults, broken switches, and more. You can also repair malfunctioning home appliances, like the water heater and AC.
If you have the time and resources, you can repaint the house. You can also mow grass, prune vegetation around the yard, and make the outdoor space more appealing. When you fix the damages and improve the home’s curb appeal, rest assured that your house will attract many potential buyers with great offers.
However, when you sell your home for cash, you will not have to repair or renovate the house. If you don’t have the time and resources to repair and improve the home, consider selling it for cash. A we buy houses Whitehall company or any other cash buyer will buy the house in as-is condition, helping you save time and money.
Be Ready to Open the House for Showings
When you sell your home the traditional way, you must plan for showings. You will open the house for potential buyers to view and inspect it. But this would be tricky if you are not living in the house. Your privacy will also be invaded if you are living in the house. However, when you sell your home to a cash buyer, showings are not necessary.
Sell Your House to a Cash Buyer
This is the best option when you want to sell a house before, during, or after a divorce. The entire process is simplified and guarantees a quick sale. You and your spouse should look for a reputable we buy houses Whitehall company, investment firm, or any other cash buyer. When you get one, you will contact them and provide the details of your home, including its size, current condition, location, and asking price.
The cash buyer will send a representative to evaluate your property and make an offer. You and your ex-spouse should agree on who to negotiate with the cash buyer to secure the best price for the home. After negotiation and a fair price is agreed upon, you will be asked to pick the closing date. On the closing date, paperwork will be signed, and you will get paid in full to close the deal.
Selling your house to a cash buyer is quick as the process can take 7-14 days. The process has minimal steps, and the cash buyer will guide you throughout the process. But remember to review the agreement before signing it to protect your interests.
Why Sell Your House to a Cash Buyer Before, During, or After Divorce?
To turn your house into quick cash – Divorce is an emotional and challenging process. You would want to sell the house as soon as possible, share the proceeds, and move on with your life. This will be possible when you sell my house fast Reynoldsburg Ohio for cash. The process can be completed in just 7 days.
It is Convenient – When you list your home, you must be ready for staging, showings, and screening potential buyers. A home inspection and appraisal are also necessary. All these processes are complicated, time-consuming, and stressful. However, when you sell your house to a cash buyer, most of these processes are avoided, allowing you to enjoy a hassle-free process.
Avoid closing costs and agent fees – When you sell your house the traditional way, you must part with a percentage of the sale price in the form of agency fees and closing costs. However, when you sell your home to a cash buyer before, during, or after divorce, you will keep all the proceeds because there are no agents involved, and most cash home buyers cover the closing costs.