Have you wondered about the nuts and bolts of selling your home during a divorce in Southern Bloomington? We’ll dive into the steps and things to look out for in this article.
With over 50% of American marriages ending in divorce, many Bloomington IN home owners are looking for and searching for advice for in selling a home in the midst of a divorce.
A home is one of the most valuable joint assets, and obviously cannot be divided without first liquidating. Divorce is a tough situation. It is one of the most stressful and emotionally charged life events. It is critical to seek neutral, third party information that can help you make logical, rather than emotional decisions. There are a number of factors and questions to consider when facing a divorce in a real estate market. Do you still want continue to living in the house? Do you want to sell your home and move to a new place that offers a new start? There are options to help you understand and decide on what to do.
Determine if (and when) You Will Be Selling Your Home During Your Divorce in Bloomington
In many divorce cases, one spouse will keep the home, buying out the departing spouse’s share. Determine if you want to keep the house for yourself and buy out your spouse’s share or let your spouse buy you out and have an opportunity to start again.
In many cases, agreements are made where one spouse uses the house for a set period of time (this is usually used when there are children in the home), and then sold at a certain 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 may have disagreements with your spouse about selling price or other issues. What you need is some non-emotional, straightforward, specific answers from real estate professionals… 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 marketing of your home.
If you need to sell your Bloomington house fast… reputable local real estate investment firms like Bright Side Homes will be a great option. Firms like ours actually BUY HOUSES (rather than listing them like agents do)… and we pay cash and can close quickly and sell this house fast.
If you can wait the time it’ll take to list it with an agent 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 Bloomington… 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 Bloomington house during a divorce to keep a timeline.
You should put your house for sale in advance. Set firm closing dates, moving dates and times, and coordinate which spouse will be handling the sale (or talking to the real estate agent). Make sure that each of these agreements are in writing, and negotiate penalties for breaching the agreements.
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 Bright Side Homes.
Reputable local real estate investors like us, purchase houses quickly and without stress, we can help you maximize your returns and the process can often take as little as seven days.
Deciding how to sell a marital home in Bloomington 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 Bright Side Homes, and moving the process as quickly and according to an agreed upon schedule, all parties can walk away from the sale without stress.
Let us help you maintain a clear focus, discuss your situation with your divorce and help you save time, reduce stress, and get out of this situation fast…
Give us a call anytime at (888) 975-9010 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.