Going through a divorce is already emotionally exhausting and draining… deciding what to do with the house can make it even more challenging
For many couples, the home is the largest shared asset.
And when emotions, finances, and timelines are all colliding at once…
The house can quickly become one of the most stressful parts of the divorce process.
Sometimes the house is the last thing keeping from both parties involved in the divorce from moving on to their next chapter.
You may be dealing with:
- Disagreements about selling and/or repairs
- Questions about equity and what the house is worth
- One person wanting to keep the property while the other person wants to move on
- Financial pressure on both sides as they are planning for their next chapter
- Uncertainty about what happens next with the sale
The good news is:
You have options.
And in many cases, simplifying the house situation helps everything else move forward more smoothly. K.I.S.S = Keeping It Super Simple is typically the best way to go
Watch this quick video to learn how selling a house during divorce in Westerville Ohio works
Why selling during divorce becomes complicated
Divorce creates both emotional and financial pressure at the same time because both parties want to do what is right but sometimes both parties have different ideas as far as what is “right”
Sometimes one spouse wants to keep the property while the other wants to sell.
In other situations, neither person can realistically afford the home moving forward.
And even when both parties agree to sell…
The traditional process of marketing, listing, and selling with a Realtor can still become stressful.
Your options for the house
One spouse keeps it
This usually requires refinancing and the ability to qualify for the mortgage individually and completing some type of buyout arrangement. Both parties have to agree to the numbers and the person buying the property still usually has to qualify for financing. This could work but requires numerous hoops to be jumped through.
List it with an agent
This can work but it’s important to remember that most buyers who are working with Real Estate Agents are using traditional financing for the purchase (bank / mortgage loan). That in of itself creates hoops to potentially jump through including but not limited to:
- Repairs
- Cleaning
- Showings / Open Houses
- Waiting on buyer financing approval
- Ongoing communication during an already stressful situation
- Lot’s of paperwork and added stress
Sell directly
Many couples choose to work with cash home buyers in Westerville Ohio because it simplifies the process and allows them to move forward faster. When working with a legit cash buyer with a proven track record, like Sell House Columbus, you are able to close on the date of your choice and sell the property in it’s as-is condition.
Why many couples choose to sell as-is
Most people going through divorce don’t want to spend months fixing up a house. A big issue with fixing the house up is who is going to pay for it? Also, if one spouse pays for it will they be reimbursed? Does this change the agreement that was created for the divorce? Things can get complicated and messy.
That’s why many choose to sell their house as-is in Westerville Ohio instead of taking on repairs, cleanup, and additional expenses. Also when the seller of a property runs the numbers, many times they will see that selling the house As-Is will actually net them the same amount or more than if they were to fix the house up and then market & list with a Realtor where they would pay commissions.
Selling as-is allows you to:
- Avoid repair costs and project management
- Skip cleaning and preparation
- Eliminate delays so you can operate on your schedule
- Reduce stress so you can move on to your next chapter with a clean slate and in the best possible financial position
Financial pressure during divorce
Divorce can also create financial strain very quickly.
In some situations, one or both parties fall behind financially and realize they are already behind on mortgage payments in Westerville Ohio, which creates urgency to act. When mortgage payments are missed the lender starts tacking on fee’s and other costs. This can make it impossible for the homeowner to get ahead. The faster you act to get the house sold, the better you will end up.
If the situation continues to escalate, homeowners may eventually need to understand how to avoid sheriff sale in Westerville Ohio before losing the property entirely. The sheriff’s sale is the end of the road. It doesn’t need to get that far and if you contact us here at Sell House Columbus ASAP we can help you move on from the property and get any loans you have on the property paid in full as well as putting some money in the bank.
Why many couples choose to sell fast
At a certain point, most couples want the same thing:
A clean resolution and the ability to move forward so they can start their next chapter and start fresh.
That’s why many homeowners choose to sell their house fast in Westerville Ohio instead of dragging the process out for months.
How our process works
We keep things simple:
Step 1: Reach out to us at 614-300-5151 or Fill out the form HERE
Step 2: We review your situation in person or over the phone.. The choice is yours
Step 3: You receive a fair cash offer… No B.S!
Step 4: You choose your closing date.. Whenever you want!
No pressure… no obligations… no surprises.
Get a cash offer today
If you’re going through a divorce and need to sell your house in Westerville…
We can help.
Call or text 614-300-5151 / Fill out the form HERE
Or learn more about how we buy houses in Westerville Ohio
Give a listen to what other sellers are saying about working with us 🙂 (Video Below)
