If you’re wondering about the ins and outs of selling your home during a divorce in Metro Detroit MI… we’ll dive into the steps and things to look out for in this article.
With over 56% of American marriages ending in divorce, many Metro Detroit MI residents are looking for advice for selling a home during a divorce.
A home is one of the most valuable joint assets, and obviously cannot be divided without first liquidating. While a divorce is one of the most stressful and emotionally charged life events, it’s important to remain rational. There are several factors to consider when facing a divorce in any real estate market cycle.
Determine if (and when) You Will Be Selling Your Home During Your Divorce in Metro Detroit
In many divorce cases, one spouse will keep the home, buying out the departing spouse’s share.
In many cases, agreements are made where one spouse uses the house for a certain period of time (this is usually used when there are children in the home), and then sold at a set date (usually when the children reach a certain age).
Get Professional Help – Agents and Home Buyers / Investors
Selling a home is a difficult process when everything is going right.
During a divorce, you have a lot going on, and a lot to consider. You shouldn’t take on the task of selling you home yourself. You may have disagreements with your spouse about selling price or many other issues around the house such as making repairs, prepping for sale, etc. By working with a real estate professional… either a reputable agent or real estate investment firm, you’ll both have a neutral third party who can help you determine a fair selling price and handle the selling process of your home.
If you need to sell your Metro Detroit house fast… reputable local real estate investment companies like Fast Home Offer Guys may be a great option. Firms like ours actually BUY HOUSES (rather than listing them like agents do)… and we pay cash and can close on your timeline if you need to sell this house fast.
If you can wait the time it’ll take to list it with an agent, make necessary repairs, open to public showings and sell it on the open market, going with a real estate agent is your best bet.
But if you can’t wait the 3-9 months it sometimes takes to sell a house in this market in Metro Detroit… chat with us to see what we can offer you for your house during your divorce.
Set (and stick to) a Timeline
It’s important, when selling your Metro Detroit house during a divorce to keep a timeline.
You should put your home for sale in advance. Set firm closing dates, moving dates and times, and coordinate which spouse will be handling the sale (or talking to a broker). Make sure that each of these agreements are in writing, and negotiate penalties for breaching the agreements. Always check with your legal counsel before signing or commit to any of the agreed tasks.
This helps ensure a smooth, surprise free home sale.
Selling Your House Fast For A Fair All-Cash Price
One option that many divorcing couples have turned to in recent years is making a quick sale to a real estate investor like Fast Home Offer Guys.
Reputable local real estate investors like us, purchase houses quickly and without stress, and the process can often take as little as seven days.
Deciding how to sell a marital home in Metro Detroit doesn’t have to be as stressful as the divorce itself.
By protecting each party with a qualified real estate agent or simply jointly deciding to sell and selling fast to a real estate investment firm like Fast Home Offer Guys, and moving the process as quickly and according to an agreed upon schedule, all parties can walk away from the sale without stress.
When dealing with any house buying companies in the Metro Detroit area, you want to make sure you are dealing with a company that has a proven record. Fast Home Offer Guys is a local trusted real estate company that buy houses for cash fast.
They have extensive real estate knowledge of the local Metro Detroit market, legal resources, and funds available to fix most real estate problems and buy your house for cash quickly.
If you want to discuss your situation with your divorce and see if we can help you save time, reduce stress, and get out of this situation fast.
Check out selling your home during a divorce in Metro Detroit reviews here >>
Give us a call anytime at (248) 590-3040 or
fill out the form on this website today! >>
We’ll evaluate your house, make you a fair all-cash offer, and you can decide if selling your house to us is the best fit for you. We’re here for you, just reach out and lets chat.