Handling a Home Sale during a Divorce

Facing a divorce is never easy and there are a number of difficult tasks that you will need to find a way to handle. With added stress and high emotions it can be difficult for both spouses to agree on anything let alone something as important as what to do with the family home. But consulting a professional such as Phoenix Home Buyers Group, couples can learn about their options and decide what is best for both of them when it comes to selling their house.

With so much else going on, it can be hard to focus on all of the details that need to be addressed when selling a home. Selecting a realtor is very important because that person will be working on your behalf during the selling process. It might be easiest to work with the same agent who sold you the house because you both know him or her and can agree on the selection.

With an agent selected, you will need to set an asking price for the house. The agent you have selected will be able to help you to determine the market value of the home without any emotional influence. They will use comps in the area to decide how your house stacks up against the competition.

Getting the house ready for showings can be tough. If one person is still living in the home, then there will need to be a mutually agreed upon time to clean, make repairs and have the house decluttered and staged. If this is not a task that can be handled by both parties, then some type of compensation agreement should be reached to ensure that the workload and the proceeds are divided equally.

When the offers start to roll in, it might pose an additional obstacle if you can’t agree on an offer or the terms. One partner might be holding out for a certain dollar figure while the other just wants a fast sale. But in the end, you must both agree to complete the sale. If you are having a difficult time finding any common ground in the home sale process, then you might want to consider selling to a real estate investor. This would eliminate the need for any repairs or renovation and staging for showings. The investor would simply make you an offer on your house in as is condition. Normally the offers are all cash and can close very quickly. This might be your best solution to completing the sale as quickly as possible and getting fair market value for your home. In the end, the most important thing to focus on is reducing stress and emotions so that you can complete the divorce process and begin to move forward in your life.

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