Sell Your Home "As-Is"... For a Fair Price... on the Date of Your Choice

Going through a divorce is tough enough by itself. But selling a house during divorce just adds to the stress. Even under the best conditions, there are always challenges along the way. Sometimes, couples are forced to stay together due to the financial obligations of home ownership.

Options For Selling a House During Divorce

Conventional Sale ... or Short Sale

While you have many choices, the best option is often to sell your home. Holding onto the home doesn’t always help in moving on emotionally. However, it might not be so easy in the current market, especially if you owe more on the mortgage than your house is worth. If this is the case, you’ll need to pay off the difference on the loan or sell your home as a short sale.

Issues with Short Sales

The process of selling a family home as a short sale during a divorce situation can be a bit challenging. You definitely need the advice of an experienced buyer of short sale homes.

Refinancing Your House After Divorce

Attempting to refinance your house after a divorce is another option as long as you’re not underwater on the mortgage. This only works as long as one of you agrees to let go of the house and the other, who’s refinancing, has good credit and income. If you plan to keep the home, you’ll want to make sure you can afford all of the expenses on your own.

One Spouse Keeps the Home

If your spouse keeps the home, don’t expect it to be smooth sailing in getting a mortgage for another home. Sometimes, it’s not so easy getting your name off a mortgage and, qualifying for a new mortgage can be tough unless you have a high income. Your spouse might have to apply for another mortgage just so you can get your name off of the existing mortgage.

Consider Where You Are Going To Move To

Another thing to consider when selling a house during divorce is housing options in the community where you plan to live. If you decide to buy another home or rent, will your monthly payments be more or less? If you have children attending school, can you find similar housing in the same school district? What about the costs of moving or even renting a storage unit?

Consider Tax Consequences of Selling a House Durign Divorce in Virginia Beach, Norfolk, Chesapeake, Suffolk

You may be in love with the house now and want to stay, but what if during the next two years, you must sell it? You could end up with an expensive capital gains tax. You might be better off trading the house for other assets.

As if selling a house during divorce isn’t stressful enough, selling assets before a divorce can also be challenging. If not done correctly, there could be serious tax implications. Liquidating assets, though, should be a last resort due to possible tax concerns.

However, if you do liquidate assets, make sure that you get sound advice. Get a good professional valuation and appraisal for any collectibles you may have. Don’t liquidate a 401K without professional direction. When selling a house during a divorce, just be sure to weigh all of your options.

Keep in mind, you don’t have to worry about taxes if you transfer assets back and forth with your spouse. Collaboration is when you and your spouse decide what something is valued at. In most cases, a judge does not get involved.

How To Sell Your House Fast

While selling a house during a divorce, as hard as it may be, it is critical to agree with your spouse about all of the important financial decisions. Experts agree that couples who can not get along while selling a house during a divorce, often don’t agree when it comes to routine decisions about fixing up the house, repairing, and even listing the property. This could jeopardize a potential sale and, worse yet, the home could fall into foreclosure if someone is not paying attention to the mortgage payments. So, if at all possible, set aside your differences so that you can focus on getting your home sold.

Do You Live in a Community Property State

Another question to ask while selling a house during divorce is whether you live in a community property state. There are only nine of them: Arizona, Idaho, California, Louisiana, New Mexico, Nevada, Texas, Wisconsin, and Washington. In a community property state, all assets acquired by you and your spouse are divided equally at the time of divorce. No other factors are taken into account. The rest of the states have equitable distribution which allows divorce courts to take factors into consideration such as length of marriage, ages, health, and the fact that one parent might have stayed home to take care of the kids.

Hire a Realtor to Sell Your House

Traditionally, many couples who divorce selling a home hire a realtor they pay a commission to. Or they sell the house themselves but then have the hassle of being in charge of the whole process.

Although we are a licensed Real Estate Broker in Virginia nad North Carolina and can help you market your home for sale, why not simply sell your home to ASale4You.com! When selling a house during a divorce, I can give you a fast sale and cash. All you need to do is fill out the form to get the process moving. I can buy your house anywhere in the Tidewater area, and can make you a cash offer within 24 hours. In just a few days, you’ll be free of your house and able to move on with your life. You’ll have quick cash and can immediately begin prioritizing your financial goals. This is how to sell your home fast anywhere in Tidewater and the surrounding areas.

Testimonials: Click here to read testimonials from some of our customers

Sell Your House to us today

This gives you the best of both worlds! You won’t have to worry about any repairs or commission costs, and you can receive a quote in just 24 hours.

ASale4You.com gives you a cash offer within one day and you can close it whenever you want. Your house can be sold in a week if need be!

If you need to sell your house fast and would like to get a no-obligation cash offer, call us now at 757-451-7040. Whether you decide to sell your house to us or not, we would like to help answer questions you might have about the process.

Get a Cash Offer Within 24 Hours

Give us a call NOW. We work fast to get you a no-obligation cash offer for you house within 24 hours.

Our customers comment all the time about our soft approach. You won't get a hard sell with us. If you are not completely satisfied with the offer we make to buy your house, you don't have to accept it. No charge. No fees.

We'd love to talk to you today about the house and your situation. We're here to help even if you decide not to sell your house.

Give us a call at 757-451-7040 or fill out the form below to get started. We look forward to talking with you.

You have many options for selling your home while experiencing a divorce.