Going through a divorce is often considered one of the most stressful ordeals a person can undertake. The emotional toll can last for a long time after the final paperwork is signed, but there are still tasks that need to be completed. One of those daunting tasks is selling the house. If you are looking to sell your home fast in Miami, here are some tips with doing so after a divorce.
It may make logistical sense to keep the house, but it can also be extremely beneficial to sell. The profit earned after the sale can provide an even foundation for a new start. There is also the legal element of having a shared asset that will cause new drama during the divorce. It many cases, it behooves couples to sell before the divorce is finalized. Divorces aren’t cheap, so having some extra cash can ensure other debts and financial responsibilities are completed.
But don’t move out too soon
Long before the word divorce is brought up in conversation, couples may be ready to get out of the shared living space. Most realtors suggest not vacating too soon as it might leave an empty and somewhat unattractive house to future buyers.
It can get pretty expensive to stage a home with rented furniture, so leaving behind some of the more delightful pieces will make the house more appealing. Moving out too soon can also result in three separate house or rental payments. It is essential, however, that an amicable agreement is made regarding who might stay in the house, for how long, and how expenses will be shared.
Read more: How to Sell a House Before or After a Divorce
Come to agreements
Several vital details must be decided before a home is listed. It might be an awkward conversation, but it is crucial that you are both on the same page.
- What is the lowest offer you will consider?
- How will selling costs be shared, including staging, repairs, listing, etc.?
- Do both parties need to be in the loop for every detail, or can one person deal with day-to-day marketing, viewings, and so forth?
- What story will you tell potential buyers as to why you are selling the house
Expect to get help
It might seem like an extra expense, but hiring outside assistance will undoubtedly make the house-selling process easier. This isn’t the time to go with a relative or family friend as it could quickly turn into accusations of collusion or unfairness.
The wisest thing you can do is to look for a cash home buyer in Miami. These professionals know how to work with separated couples as well as how to sell houses quickly. Find an option with which you are both comfortable.
If your divorce is more complicated or you want to get through the process as fast as possible, consider an investment company. These organizations will buy your house from you. They can then worry about all of the repairs, listings, and other elements involved in selling a home. They can get you through the process and get cash in your hands faster than other methods.
Do you have any tips for selling a house after a divorce? Leave your suggestions in the comments below.