Let’s face it, going through a divorce can be tough. As well as the emotional toll it takes, splitting from your spouse might raise a whole range of questions when it comes to your finances and assets. One of your biggest potential problems may be what to do with the home you shared with each other. Often, the simplest option following a separation is to sell up and divide the proceeds of the sale – allowing both parties to move on and make a fresh start. However, actually achieving a sale can be difficult in itself, especially if your relationship with your ex is strained.
To make things easier for you, here are three tips that should help you to sell your property.
Try to keep things as civil as possible
Because emotions tend to run high during divorces, it’s often the case that separating partners argue over what happens to property and possessions. In some cases, this can lead to a long and difficult process of litigation – which in turn can delay any property sale. It can also cost a lot of money. If you and your ex end up arguing your case in court, the profit you eventually make from selling your home may be eaten into.
This means it pays to reach agreement where possible. By trying to keep things between you and your ex civil, you should find it easier to make decisions about how and when property is sold and what will happen to the proceeds.
Get a written agreement
If you are able to reach common ground when it comes to what happens to your home, it’s worthwhile putting your decisions in writing in your divorce agreement. This will help you both to protect your interests and ensure that there aren’t any misunderstandings or arguments when you sell. You can seek legal advice to make sure the agreement you sign is fair.
Consider approaching a cash buyer
When it comes to selling up, there are different options available to you. If you and your ex can afford to wait for a while to achieve a sale, you might want to put your property on the open market. However, if you’re in a rush to sell or you don’t want the hassle or expense of selling your home through a realtor – which may involve making repairs and improvements in order to attract interest in it – you can approach a cash buyer instead.
At Fast Sale Florida, we’ll purchase your home regardless of its condition and, if you come to us, you’ll avoid paying realtor or closing costs. Also, if you accept our offer, we can close in less than seven days, meaning you won’t have to hang around waiting for the process to conclude. This can make selling your property much quicker and easier and allow you to move on with your life as soon as possible.
By following these steps and making sure you understand all of your options, you might find that selling a home after divorce is easier than you expect.