On average, more than 50% of American marriages end in divorce. When getting a divorce, one of the many things that couples must consider is their marital properties. Since a real estate property like a house is among the most valuable marital assets, it should always be taken into considerations. And because it can’t easily be divided into parts, the best thing that couples should do is liquidate it by selling it. This is one of the reasons why there are many couples in Kansas City who are trying to seek advice from professionals as to what they should do with their marital properties during a divorce.
If you are one of the American couples who are in the process of getting a divorce and you want to know more about the different ins and outs of selling your Kansas City house, then you have gone to the right post. In this blog post, we will be dealing more about the things you should know as well as the steps you need to take when selling your house during a divorce.
Decide whether you need to sell your house while getting a divorce or not and when
Selling a marital asset such as a house can be decided both by the husband and the wife. While selling your house is the best option that you may have, it is not always the case for many people. Sometimes, when couples decide on liquidating their house, one spouse choose to buy the share of the departing spouse and keep it for good. There are also instances when both parties agree that one spouse can continue to stay at the house for a certain period of time before they have it sold. This case is typical to those who have kids. And most of the time, the term of stay of one spouse ended when their children reach legal age.
Seek professional advice from a real estate agent or investment firm
The thought of getting a divorce alone is quite stressful and intimidating. And the process usually becomes more complex and daunting if there are marital properties to consider. You may have issues with your spouse regarding the selling price when you should sell the house and some other concerns connected to this matter. While some people can work on their own provided they have a mutual understanding with their spouse regarding their house, others would need assistance from professionals.
By working with a professional who is knowledgeable enough about selling a house during a divorce, you will have a neutral third party who can do the marketing and who can help both of you in determining the fair selling price for your house.
Set and keep a timeline
Time is crucial especially when it comes to selling your house while having a divorce. With this, you should not only have to set a specific timeline but you have to stick to it as well. You should also need to put everything both parties agreed upon in writing including who should handle the sale, when should you open the house for sale, anticipated closing dates, the date you should move out, and the penalties when there is a breaching of agreements between you and your spouse. This will make sure that the selling process runs smoothly and glitch-free.
Sell Your Kansas City House Quick For A Fair All-Cash
Should you want to liquidate your house as quick as possible, you can choose to sell your Kansas City house to a real estate investor or investment firm like ours. Like other investment firms, we buy houses in Kansas City, pay in cash and close the deal in as fast as 7 days. We do not list your house in different real estate services providers. Instead, we use our own money to buy it directly from you.
Another option is to contact a real estate agent and sell your house on the open market. However, if you choose to list your house with an agent, you will need to wait for a couple of months, usually 3-9 months, to have it sold plus you will also need to pay for expensive commission fee, closing fee, and other fees that the agent might charge you relative to selling your house.
Selling your house during a divorce does not have to be stressful. You can actually have your marital house sold in a stress-free way and protect both parties by seeking advice from a professional and by selling your house fast to a real estate investor like SellMyHouseKC.
If you are interested in knowing what we can offer for your Kansas City house while you are having a divorce, you may chat with us anytime at your most convenient time.
Let us know how we can help you reduce stress, save time, and sell your house fast.
Call us today at 913-585-0800 or
fill out the form you can see on this page
As soon as we receive your details, we will evaluate your house and send you a fair all-cash offer. If you think our offer fits you, we can close as early as 7 days.