Selling a house after a divorce agreement can be a daunting task. It is best to get it done as soon as possible to avoid added stress. Divorces can be lengthy and emotional, and selling the family home can provide a clean break for both spouses.
However, it does come with its own set of challenges. You’ll have to pay the broker’s fee and capital gains tax.
As local Orlando FL home buyers, we can offer cash for houses in Orlando FL. Contact us to know more about selling a family home.
The Agent Quandary
If you’ve decided to hire a real estate agent to sell your house, it’s best to avoid spending too much time arguing over it. You can choose an agent who helped you buy the house, as long as you were satisfied with their work. Alternatively, you and your spouse can choose a friend or a relative and let them decide on an agent.
Once you’ve hired an agent, it’s important to take their advice on the asking price of your house. After all, that’s why you hired an expert. This will also help you avoid any potential conflicts.
However, if you don’t want to deal with agents, you can sell your house to a real estate investment company. In most cases, they’ll provide you with a solid cash offer and close the sale within a couple of weeks.
Showing the House
If you decide to sell your house to an investor, you won’t have to show it to anyone else. Most investment companies will offer to buy the property “as-is”.
If you decide to go with an agent, you’ll have to prepare the house for showings, which involves minor repairs, cleaning, painting, and other tasks. If you and your spouse have moved out by then, you can have your agent stage the place.
However, if one of you is still living there, all of the necessary work may fall on one person. If this is the case, you need to figure out a way to compensate that person for their efforts.
Dividing Proceeds From Sale of House
After accepting an offer for your home, it’s time to start thinking about how to divide the proceeds. This is a fairly straightforward process, where you pay off any necessary obligations, and then an escrow company distributes the money.
However, it’s important to keep in mind that making mortgage payments after separating may increase the home’s equity. If only one spouse has been making these payments, you will need to adjust the amount that needs to be divided accordingly.
More on Selling a House After a Divorce Agreement
Selling a house after a divorce agreement can be a challenging task. It is advisable to deal with it as soon as possible. Once the house is sold, you can move forward with your life.
If you are planning to sell your house in Florida, you can do so without any inconvenience or delay. Please contact us, and we will provide you with a cash offer promptly.
Sell My House in Orlando FL
If you need to sell your house in Florida quickly, we can help. We are 123SoldCash.com, local homebuyers based in Orlando, FL. We assist local homeowners in selling their homes quickly and without any hassle. If your home in Orlando, FL meets our criteria, we can provide you with a fast and fair cash offer. For more information or if you have any questions, please call us at (786) 904-1444 or fill out the online form, and we will get back to you as soon as possible.