If you’re going through a divorce and you’re trying to sell a house, you might be wondering, “what if my house won’t sell during a divorce in Washington Township?” That’s a good question to ask – it is important to be prepared in big steps such as this one so be sure to read this blog post and we’ll share our best answer with you…
A divorce can be a challenging situation: it’s complicated, it’s expensive, it’s time-consuming, and emotions are running high. There are a million things to consider because you are literally dividing up almost everything in your life.
One of the things you need to consider is how you want to sell your house – there are multiple ways to do it and choosing the right option for you will allow you to move forward with your life. It can be complicated when you are going thru a divorce in Washington Township
One of the million things on your plate is going to be to split one of the biggest purchases that you ever made – your house. And in all that effort you also need to sell your house so that you can split the value of any equity in the house and put it all behind you. Equity is the difference between how much you owe on your house and how much the house sells for.
But what if your house doesn’t sell? If you’re going through a divorce and wondering, “what if my house won’t sell during a divorce in Washington Township?” then here’s what to do… This can be an especially stressful situation if your house needs a lot of work, or there isn’t much equity in your house.
What Are The Reasons Your House Doesn’t Sell?
Unfortunately, there are many reasons your house might not sell. Some of the reasons are related to the normal market conditions (and they might be present even if you weren’t going through a divorce). Think about the crazy stuff that has happened recently and realize that it is possible for things outside of your control to occur which make it more difficult to sell your house. A house that needs some work or even updating can be harder to sell depending on the local market.
But there might be additional reasons that your house doesn’t sell — for example, maybe you have a complicated divorce or there’s a lot of conflict between each party in the divorce and this makes it too difficult for the buyer to negotiate on the sale of the property.
When the divorce is ugly, it can be hard to settle on enough things in order to even get the sale of the house done, but in times like this, it can really pay to work with a professional. It may be hard to coordinate effectively during this time which makes the sale even harder to complete.
This Delay Adds To The Problem!
If the house is not selling as quickly as you’d like, this just adds to the problem and it ultimately ends up costing you more — in bills and taxes and mortgage payments, as well as in additional attorneys fees. This makes emotions run even higher and therefore puts even more stress on the transaction. It is vital to get this done, but with stress pushing down on the situation from all angles, it can be difficult to get the sale done. We totally get it – a lot of times homeowners going thru a divorce just wish they could hit the easy button, get some cash for their house and move on.
Simply put, you might be hoping to get a high price for your house but your divorce could actually be scaring people away and costing you money. The longer that you wait for the one buyer who perfectly wants the house that you have then the more it is costing you in monthly payments, lawyer fees, etc, and emotional energy as it requires more and more of your focus in order to sell your house in Washington Township during a divorce.
Fortunately, there’s another option…
Strategy For Divorce Houses: Sell To A House-Buying Company
Here’s an effective strategy for people who are trying to sell their divorce house — instead of listing the house with an agent, sell the house directly to a real estate buying firm like us here at Mike Buys Houses.
As real estate buyers, we may not always be able to pay the market price for a house… but many divorcing people realize that holding out for a higher price can actually be a costly strategy once you factor in the cost of repairing the property, the carrying costs while you wait months for an agent to find a buyer, and then the agent’s commission (sometimes thousands of dollars). Also, if you are willing to continue to collect your payments overtime then it is even possible that we can pay you more than you were expecting!
If you’re wondering, “what if my house won’t sell during a divorce in Washington Township?” and if you want to sell your house fast, a real estate buying firm like ours is the fastest and simplest choice to get the property out from the middle of your divorce, give you money for it, and allow you to wrap up this portion of the divorce proceedings.