How to Sell Your House During a Divorce
If you are in the process of going through a divorce, you understand that there are a lot of moving parts involved. For example, you need to divide your debts and assets fairly, and that includes the house that you might be sharing with your spouse. Once you and your spouse complete the divorce process, neither of you may be able to afford the house on your own. You may also want to sell the house because there are a lot of bad memories associated with it.
If you want to sell your house during a divorce, how can you do so? There are a few important points to keep in mind, and you need to make sure you do not go against the rules of the court.
Why You Want to Sell Your House During a Divorce
There are a variety of reasons why you might want to sell your house during a divorce. For example, at least one of you is going to have to move out of the house, and it can create practical issues for the remaining spouse. For example, if you are left to pay for the house by yourself, you may have a difficult time affording the mortgage, property taxes, and insurance. You might decide, in conjunction with your spouse, that it is a better idea to sell your home. If you and your spouse cannot agree on how to sell your house, you will need to reach out to the court system to get a court order. That is where an attorney can help you.
Get a Court Order to Sell Your House
If you decide to get a court order to sell your house, it will stipulate the best way to do so. Keep in mind that you and your spouse have to agree to sell the house together if the house is considered community property. Your divorce attorney should have more information on this for you.
This court order could specify important stipulations relating to the sale of the house. A few examples of conditions that could be included might be:
- Whether you want to hire a real estate agent
- How to set the initial price of the house
- How to change the price of the house depending on how the market responds
- Who is responsible for contacting potential buyers and real estate professionals
- Whether both spouses are required to review the offers before deciding which one to accept
- Who will be responsible for paying any liens that might be present on the house
This can be a complicated issue, but you may be able to streamline the process by getting a cash offer for your house instead.
Sell Your House for Cash
Because it can be complicated to sell your house during a divorce, you and your spouse might decide to sell your house as quickly as possible. One of the fastest ways to do so is to get a cash offer for your house from a local real estate investor.
There are a number of advantages of accepting a cash offer for your house if you are going through a divorce. If you accept a cash offer for your house, you can get to the closing table faster because you won’t have to worry about the buyer getting financing. You should also consider accepting a cash offer because you can save money on potential closing expenses. If you are ready to get a cash offer for your house in Ohio, we can help you.
Sell Your Ohio Home to Blue Chicken Investors
If you want to sell your house during a divorce, you may want the process to proceed as quickly as possible. One of the best ways to make that happen is to sell your house for cash to cash home buyers. We are Blue Chicken Investors, and it would be our pleasure to provide you with cash for your Cincinnati home. We have an intimate understanding of the Ohio real estate market, and we can provide you with a fair cash offer for your house. Give us a call today or contact us online to see how much money your house might be worth.