Are you trying to sell your house in Palm Beach County while you are divorcing? You might be looking to sell your unwanted property in this critical situation, so keep on reading this article because we are going to suggest to you the best possibilities of selling your house while divorcing in Palm Beach County.
Divorce obviously involves a lot of emotional feelings and can cause challenging and hurt filled situations for couples. So with many other decisions, divorcing couples also think about selling the real state they both own in Palm Beach County. So as you are trying to figure out how to do that, we will be providing you with the best schemes and plans to help you in solving the problem to find the real estate portion of your divorce as carefully and wisely as possible.
Houses in Divorce Can Be Complicated
Mostly in the cases like divorce, both the parties try their best to divide their assets. Assets involving money, gold (jewelry) etc, can be divided easily. The real problem arises with the real state asset, as you cannot divide a piece of land or a house in two halves. These assets derive their value from being whole. Since you cannot cut a house from the middle so that both parties can take away their assets equally – a clash forms on who will take the asset. Sometimes it is offered that one party can take the house only if they can pay the part of share of the other in that house, which can be very expensive and mostly people avoid taking such a pressure on in a critical situation like divorce.
Answer to How You Can Split Your Real Estate Asset?
In order to avoid any complications of how to split your real estate asset you can simply sell it and divide the money as decided.
Now selling is normally not an easy process because it involves time and many expenses. The sales process involves expenses like the utility bills, insurance, sales taxes or there might even be a partial bank loan on the property. Such expenses should be deducted from the total amount.
The amount left should be split between each party, with each party getting an agreed-upon percentage (such as 50/50).
Now you might be looking for the answer of how to sell the divorce house as quickly as possible…
What Most People Think is the Fastest Way to Sell a Divorce House
Mostly, in selling a real estate property people look for a real estate agent but this process is not easy though, there are problems with this too:
- Mosts agents insist the owners pay out-of-pocket to fix up the property first but the question is can you agree on who will pay for that?
- Another question is; how long it will take to sell the house? And are both parties are willing to wait? Because many agents takes 3-6 months or more to sell a house.
- In most cases the owner of the house are both divorcing parties so the agent must have both the parties agree in negotiation with the buyer. Also there is a lot of paper work (transfer papers, ownership papers etc) which will take the involvement of both the parties.
- Plus you also have to pay a handsome amount of cash as a commission to the agent.
- Actually, selling a house through an agent can be costly and the time the process takes can really make the divorce process so much worse.
Best way of Selling a House During Divorce
Now if you want to sell your house quickly and also want to avoid as much expense as you can then you can are fortunate to know that there’s a way to sell your divorce house without the hassle. You can sell to us Florida cash home buyers at Home Solutions FLA. We will buy your house quickly, for cash. You don’t have to pay any commissions or any sales tax which is a bonus for you. We will take your property as it is, there is no need to fix it up. We are quick and you don’t have to wait for months. Your property can be sold in days with very little paperwork.
If you want to get through with your divorce and want to start a new life but you are stuck because of a divorced house, we can solve your problem, just reach out to us and tell us about the house you want to sell and your problem will be solved because we deal in buying divorce houses.
Call us at 561-370-8335