Regardless of the circumstances surrounding it, divorce is complicated. Apart from the emotional stress divorce brings, you need to think about hiring a divorce attorney, splitting up assets, and discussing alimony and child support.
If you and your former spouse agree on selling the home you once shared together, we’re here to help you.
Here’s how to sell your house while going through a divorce in Katy, TX.
1. Partner with a knowledgeable agent
While you may have a couple of real estate agents you already know, they may not necessarily have a lot of experience regarding divorce sales and even divorce laws in Katy, TX. Selling a house because of divorce is a bit trickier than selling a house traditionally, so you’ll want to partner with someone who knows how to maneuver through this tricky situation.
Apart from the know-how, you’ll want to have an agent who is objective about their suggestions to both you and your former spouse.
2. Discuss the divorce details with your agent
Once you’ve chosen and hired a real estate agent, you need to let them know about all the details stipulated in your divorce decree. This may include which spouse gets to keep the home (as decreed by the court), the listing price, and the lowest price you’re both willing to accept. Your agent also needs to know who they should contact and who gets the final say when it comes to negotiations.
3. Prepare the house for sale
For many couples going through divorce in Katy, TX, selling the house as quickly as possible is a top priority. This is so they can stop paying mortgage costs right away as well as so they can use the sales proceedings to pay for their divorce-related fees. Preparing the house for sale includes setting a price on the home, repairing and renovating it (if necessary), and staging the home for open houses.
4. List the home
Once your home is ready for sale, you can start advertising it. Common ways to do this are putting it up on the open market or on the MLS, putting up ads on newspapers or handing out flyers, and promoting on social media. After advertising your home, you’ll have to host open houses to prospective buyers, so you and your former spouse will also need to discuss who among you (if at all) will be present during the open houses. If you’d rather not have an open house, you can opt to have private showings instead.
5. Negotiate with potential buyers
An inevitable part of selling a house is having to deal with potential buyers. Be prepared to negotiate and provide counter-offers to those who show interest in the house. Keep in mind that the negotiating process can take a fair amount of time, so you need to establish who is in charge of speaking with potential buyers and negotiating. You and your former spouse need to be on the same page when it comes to what you will and will not include in the closing details (such as closing costs, any repair costs, etc.).
6. Sell To A Professional Home Buyer!
If you and your partner would rather skip the whole traditional selling process in an effort to speed things up, you can always sell your home to a professional cash homebuyer. Who has the time to sell your property the old fashion way when you’re already thinking, “how do I sell my house in Katy, Texas fast?” Well, we’ve got the answer for you!
Sell your house to professional home buyers like us here at Ohana Legacy Properties, LLC. We can provide you with the best price for your home while still ensuring a quick close as to not disrupt your move.
Our home-buying process does not involve getting pre-qualified by a mortgage bank in order to obtain a home loan or listing the property on the MLS or any other listing platform. The reason our team at Ohana Legacy Properties, LLC is able to purchase properties very quickly is because we use our own money, which means the sale is more secure and we can close faster than traditional buyers. Get in touch with us here (832) 402-6181and sell your home fast for cash today!