If you’re going through a divorce and you’re trying to sell a house, you might be wondering, “what if my house won’t sell during a divorce in Floresville?” That’s a good question to ask so be sure to read this blog post and we’ll share our best answer with you…
A divorce can be a challenging situation: it’s complicated, it’s expensive, it’s time-consuming, and emotions are running high. And a lot of those emotions are hard to control. And in all that effort you also need to sell your house so that you can split the value of any equity in the house and put it all behind you. But what if your house doesn’t sell? If you’re going through a divorce and wondering, “what if my house won’t sell during my divorce?” then here’s what to do…
What Are The Reasons Your House Doesn’t Sell?
Unfortunately, there are many reasons your house might not sell. Some of the reasons are related to the normal market conditions (and they might be present even if you weren’t going through a divorce). But there might be additional reasons that your house doesn’t sell — for example, the condition may be such that as a divorcing couple you don’t have the money for repairs, or maybe you have a complicated divorce or there’s a lot of conflict between each party in the divorce and this makes it too difficult for the buyer to negotiate on the sale of the property.
This Delay Adds To The Problem!
If the house is not selling as quickly as you’d like, this just adds to the problem and it ultimately ends up costing you more — in bills and taxes and mortgage payments, as well as in additional attorneys fees. Plus added frustration.
Simply put, you might be hoping to get a high price for your house but your divorce could actually be scaring people away and costing you money. Or it can also make buyers think you are desperate for a sale and make lower offers.
There’s another option…
Strategy For Divorce Houses: Sell To A House-Buying Company
Here’s an effective strategy for people who are trying to sell their divorce house — instead of listing the house with an agent, sell the house directly to a real estate buying firm. Real estate buyers may not always be able to pay the market price for a house… but many divorcing people realize that holding out for a higher price can actually be a costly strategy once you factor in the cost of repairing the property, the carrying costs while you wait months for an agent to find a buyer, and then the agent’s commission and closing costs. Many times an investor pays cash and will pay the closing costs also. While the selling price may not look as attractive, the bottom line may be almost as close as a retail sale and is much faster. This may not be for all people but it does offer an alternative choice.
If you’re wondering, “what if my house won’t sell during my divorce?” and if you want to sell your house fast, a real estate buying firm might be the fastest and simplest choice to get the property out to a variety of buyers and out from the middle of your divorce, give you money for it, and allow you to wrap up this portion of the divorce proceedings.
As an agent who works with many investors, I understand their thought process and how they approach buying a house. They are not buying to live in the house; they are buying for an investment. There is no emotion like “I love this house; I have to have it” so they can come to the table with less emotion while you are dealing with high emotions on the other side. They are also looking for an investment they can make money with so they will not offer retail price. Because of my extensive knowledge of investors, I can analyze your situation and help you to review what is going to work best for you in the long run. We can run the numbers.
To learn more about our real estate buying program and how we might be able to help you out in this challenging situation, click here and fill out the short form or give our team a call at (210) 216-7722.