If you’re wondering about the ins and outs of selling your home during a divorce in Oklahoma City… you’ve found the right place. We buy houses involved in divorces all the time. We’ll dive into the steps and things to look out for in this article.
With over 50% of American marriages ending in divorce, many folks are forced to figure out how the path to selling a home during a divorce.
A home is one of the most valuable assets a person buyers, and obviously cannot be divided between two people without selling it. While a divorce is one of the most stressful and emotionally charged life events….it’s important to remain rational with regards to your house. There are several factors to consider when thinking about selling a home during a divorce.
Determine if (and when) You Will Be Selling Your Home During Your Divorce in Oklahoma City
In many divorce cases, one spouse will keep the home, buying out the other spouse’s share.
In many cases, agreements are made where one spouse uses the house for a set period of time (this is usually used when there are children in the home), and then sold at a certain date (usually when the children reach a certain age).
If you end up selling the house depends a lot on your financial situation and family situation. Whatever happens, remember that if your name is on the house or mortgage….you are liable for that debt or home. Think about that. If someone gets hurt on the property and your name is on it but you live elsewhere, you are liable. If someone doesn’t pay the mortgage but it wasn’t your responsibility because you live elsewhere, you are still on the hook.
Get Professional Help – Agents and Home Buyers
Selling a home is a difficult process even when everything is going right.
During a divorce, you have a lot going on already without worrying about selling a house. You probably shouldn’t take on the task of selling you home yourself. We suggest working with a professional. By working with a real estate professional… either a quality real estate agent or home buying company (like us!), you’ll both have a neutral third party who can help you determine a fair selling price and handle the sale of your home.
If you need to sell your Oklahoma City house fast… reputable and local home buying companies like ourselves may be a great option. Firms like ours actually BUY HOUSES (rather than marketing and selling them like agents do)…we pay cash and can close quickly if you need to sell this house fast without paying closing costs or making repairs.
If you can wait out the time it’ll take to list it with an agent and sell it on the open market, going with a real estate agent is your best bet to get top dollar.
But if you can’t wait the 3-9 months it sometimes takes to sell a house in this market… chat with us to see what we can offer you for your house.
Create (and stick to) a Timeline
It’s important, when selling your Oklahoma City house during a divorce to keep to a timeline.
You should put your home for sale in advance. Set firm closing dates, moving dates and times, and coordinate which spouse will be handling the sale (or talking to the real estate agent). Make sure that each of these agreements are in writing, and negotiate penalties for breaching the agreements.
We’ve seen issues where one spouse says they’ll do something but doesn’t follow through and it costs both of them thousands of dollars or tons of stress.
A timeline and clear, written duties helps ensure a smooth, surprise-free home experience when selling your house during a divorce.
Selling Your House Fast For A Fair All-Cash Price
One option that many divorcing couples have turned to in recent years is making a quick sale to a home buying company like ours. Buying houses in any condition for any reason is what we do. If you’d like to sell your house fast and as-is, we can help.
Our company will come out and look at your house then make you an offer. We’ll pay all the closing costs and you won’t pay any commissions or fees. You also won’t have to clean or repair anything. You can even leave stuff in the house you don’t want.
Perhaps the best part is YOU decide when we close. If you want to close in 3 weeks, we can. If you want to close in 3 months, we can.
Give us a call or text us anytime at (405) 673-4901 or
fill out the form on this website today! >>
We’ll evaluate your house, make you a fair all-cash offer, and you can decide if selling your house to us is the best fit for you. We’re here for you, just reach out and lets chat.