What to Ask When Selling Your Home During a Divorce

Divorce ranked second in a list for the most stressful life events.

If you’re going through a divorce, that statistic is probably unsurprising to you. Just one aspect of that stress in divorce is dividing your assets. The biggest item on the list, besides the pup, is always the home. There is sentimental value of course but there’s also monetary value, and therein lies the stress. We know it can be rough selling your home fast during a divorce, and we’re here to help. Below we’ve outlined some tips to help you make smart moves during this stressful time.

Does either spouse want to keep the property?

It is understandable if one party wants to continue living in the home you’ve shared. However, if that is the case, it is imperative that other spouse’s name be removed from the mortgage. When such high emotions are involved, it can be easy to overlook these kinds of details. Protecting yourself should be of utmost importance and this includes not being responsible for potential unpaid mortgages, etc.

Do you want to sell the house?

If both parties do not want to remain in the home, then you have the option to sell. If you want to go through that process together, then you can. Remember that as long as both of your names are on the title, Texas law states that both parties are needed to sell the home. So you have two options. One: you can remove one of the spouse’s names from the title and wait till the divorce is final, then sell the home. Or two: you can attempt selling the home by working together.

What’s the quickest way to sell the home?

If working together for long periods of time on selling the home seems even more stressful, or if you simply want to sell the home as quickly as possible, you have a great option. Selling with a real estate agent can take months and there are many expenses involved including an average of 6% commission. Instead, consider selling to cash buyer in Texas. Professional cash investors know how to take your names off the title quickly and seamlessly. When you contact them with the details of your home, they can give you a no-obligation offer in 24 hours. If you and your spouse are happy with the offer, they will do all the work and make all the arrangements to give you cash for your home in as little as 7 days. From there, it’s up to you how to divide the profit.

With divorce there are already enough obstacles to get through! Don’t let the stress of divorce consume your ability to sell your home quickly. Instead, let us help you divide your assets quickly and move on with your new lives.

Want to sell your Texas home fast? Contact us today to discuss the options you have! Fill out the form or call 469.573.4910

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