If you’re wondering about the ins and outs of selling your home during a divorce in Spring Lake NJ… we’ll dive into the steps and things to look out for in this article.
Also, we’re sorry you’re going through such a crappy event in your life – that sucks.
Sadly with over 50% of American marriages ending in divorce, you’re not alone and many Spring Lake NJ residents are looking or advice for selling a home during a divorce.
Obviously, a home is one of the most valuable joint assets, and simply cannot be divided without first liquidating to pay out each owner. While a divorce is one of the most stressful and emotionally charged life events, it’s important to remain rational. There are several factors you need to consider when facing a divorce in a real estate market that is at a tipping point given the current economic uncertainty.
Determine if (and when) You Will Be Selling Your Home During Your Divorce in Spring Lake
In many divorce cases, one spouse will keep the home, buying out the departing spouse’s share. The cash necessary is really where things get difficult.
If cash is not available to outright purchase the other person’s interest, 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 still 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 clearly have a lot going on, and a ton to consider. You shouldn’t take on the task of selling you house yourself. You may have disagreements with your soon to be former spouse about selling price or other issues. By working with a real estate professional… either a reputable agent in your local market 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 while you deal with other pressing issues at hand.
If you need to sell your Spring Lake house fast… reputable local real estate investment firms like We Buy Jersey Shore Houses LLC may be a great option for you. Firms like ours actually BUY HOUSES (rather than listing them like agents do)… and we can pay cash and can close quickly if you need to sell this house fast.
If you can wait the time it’ll take to list it with a traditional real estate agent and sell it on the open market, going with an 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 Spring Lake… chat with us to see what we can offer you for your house during your divorce.
Another point to note, at the time of this writing (late 2019) the real estate and overall market is in a place of uncertainty. Please keep this in mind if you’re looking into longer selling windows like colder months with the holidays or with the planned interest rate hikes in 2020.
Set (and stick to) a Timeline
It’s super important, when selling your Spring Lake house during a divorce to keep a timeline and stick with it.
You should put your home for sale in as far of advance as possible. 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. Protection is crucial when you’re going through a “raw” process such as divorce.
This ultimately helps to ensure a smooth, surprise free home sale.
Selling Your House in Spring Lake NJ During a Divorce 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 us, We Buy Jersey Shore Houses LLC).
Reputable local real estate investors purchase houses quickly and without stress, and the process can often take as little as seven days but typically will take around two weeks with proper due diligence – just want to be real.
Deciding how to sell a marital home in Spring Lake 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 We Buy Jersey Shore Houses LLC, and moving the process as quickly and according to an agreed-upon schedule, all parties can walk away from the sale without any additional stress.
One Last Thing…
We understand that this time in your life is really difficult and we hope that this article provided some meaningful information to help you with your family’s current situation. Whether you’d like to work with us or not, we hope that this process is as frictionless as possible in a time of such uncertainty for you.
If you would like to discuss your current situation with your divorce and see if we can help you save time, reduce stress, and get out of this situation fast…
Give us a call anytime at (732) 456-7580 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.