When Selling Your Home During a Divorce in Salt Lake City
Are you interested in knowing some of the pros and cons of selling your home during a divorce in Salt Lake City UT… In this article, we’ll cover this process and include some helpful information.
Sadly, over 50% of marriages in America end in divorce. Many Salt Lake City UT citizens are seeking advice for selling a home during a divorce.
A home is the joint asset with the most value for the majority of couples and because of its nature cannot be divided without selling first. Even though going through a divorce is among the most emotionally charged and stress-inducing moments in life, it’s advisable to remain as calm and rational as possible. There are some issues that will need to be factored in when approaching a divorce in a real estate market that hasn’t yet recovered from the market bubble burst.
First, Determine if (and when) You Will Be Selling Your Salt Lake City House During Your Divorce
Often, it’s the case where one individual will retain possession of the home by buying the other spouse’s portion.
It’s also common for an agreement to be made allowing for one of the divorcing persons to keep using the home for a length of time (as in when there are children there), then later sold at a specific time (when the kids become a certain age.)
Get Help from Professionals – Agents and Home Buyers / Investors
The sale of a home is a challenging endeavor under normal circumstances.
During the divorce process, you are under a lot of pressure and stress. You shouldn’t add to this burden by trying to sell your home on your own. There may be a conflict with your spouse over the selling price or other things. By choosing to work with a real estate professional… whether a reputable property investment firm or agent, you and your spouse will have an unbiased partner to help price the property fairly and take care of the marketing of your home.
If you are looking to sell your Salt Lake City house fast… a local and reputable property investment firm like Property Seller Solutions might be the perfect option. Unlike agents who simply list homes to be sold, firms like ours specialize in BUYING HOUSES… we pay in cash and can close fast if you need to sell the home quickly.
If you’re able to spend the time listing your house with an agent and waiting for a buyer on the open market, going the route of listing with an agent is your best option.
However, if you’re not willing or able to wait 3-9 months – the time it often takes to sell a property currently in Salt Lake City… chat with us to find out what we are able to offer you for your property while going through a divorce.
Come up with (and stick to) a Timeline
When selling a Salt Lake City home during a divorce, it’s important to stick to a timeline.
It’s recommended that you list your home for sale in advance. Establish strict dates for closing, time and date for moving, and agree on which spouse will manage the process of selling (or dealing with the real estate agent.) Ensure that all of these details are contained in a written agreement and decide on penalties for failing to comply with the agreements.
Taking these steps will help provide a smooth sale of your property.
Selling Your House Quickly For A Fair All-Cash Price
A great option that many couples going through a divorce have chosen recently is to make a fast sale to a property investor like Property Seller Solutions.
Local and reputable property investors like us buy houses quickly and without causing stress, and the entire process often only takes seven days.
Choosing how to sell a Salt Lake City marital home shouldn’t be as stressful as going through a divorce.
When working with either a qualified real estate agent or by choosing to sell fast to a real estate investment firm such as Property Seller Solutions, and keeping the process moving along quickly and according to a schedule, both individuals can walk away after the transaction without stress.
If you’d like to go over your situation related to your divorce and find out if we can save you time, stress, and help you get out of this situation quickly…
Give us a quick call anytime at (801) 876-1036 or
We will give your house an evaluation, make a fair all-cash offer, and then you can decide if selling your home to us is the best option for you. We’re standing by to help you, just give us a call or message and let’s talk.