It can be very difficult to sell a house during a divorce. Learn more about the easiest and most fair way to sell your house in Memphis in our latest post!
When dealing with a divorce, settling affairs and dividing assets can be excruciating. Between the bickering and constant disagreements, dealing with such a large financial decision will only add fuel to the fire. Many couples opt to sell their property, so they can quickly and easily divide their real estate interests and move on with their lives. Below, we offer some tips to make the home selling process as simple as possible when selling your house during a divorce in Memphis.
Price The Home To Sell
By accepting a lower price than you would normally try to get for the property, you give yourself the ability to potentially sell the house much more quickly. Both former spouses will need to agree on what is an acceptable price. If you list the house on the MLS in Memphis, make sure you haven’t priced the property too high. Doing so will delay finding a buyer, causing you to deal with the selling process for longer than you would like. Price it right from the beginning so you can sell it fast. While you will still have to wait for the escrow process which can last 30-60 days, finding a buyer won’t be as difficult.
Depending on your situation, you may have enough to fight about already. You don’t want to add more things to bicker about by being unclear about who is doing what for the sale of the home. Make sure each party knows his or her role in order to avoid the blame game of who is doing what and when. Decide who will handle cleaning, required repairs, and questions from the agent. It’s important to the ex-couple to be able to work together in order to facilitate a successful sale of the home. In some cases, it may be best to hire a pro to handle the cleaning as well as other tasks, splitting the costs between both parties involved. Both parties should be in contact with the agent so that everyone is kept in the loop during the process. A fighting couple may forget to tell their former something that is critical to the sale of the home.
Keep Your Emotions In Check
When selling a house during a divorce in Memphis, you are bound to get emotional at some point during the process. Divorce is hard. Saying goodbye to not only your spouse but your home as well can cause you to think irrationally. Keep your eyes on the future so you don’t feel sadness, spite, or bitterness toward your partner. These feelings can disrupt a successful sale and can make the process drag on for longer than it should. You can also have your lawyer or mediator assist you in the process of selling your house in Memphis.
Find A Direct Buyer
Does the idea of selling the house in just a few days sound good to you? When you work with the team at Restoration Properties, this could be your reality. Within just a few days, we can close on your Memphis house, potentially saving you thousands on holding costs, marketing, and agent commissions. We work with divorced couples all over the Memphis area who are looking for a fair and fast way to liquidate a house. No matter the condition or situation, we can help you with a fair and honest offer!