Are You Going Through Divorce And Thinking About Selling Your House?
Thinking of selling your home during a divorce in Omaha Ne? You’ve come to the right place. There are certain things to look out for which we’ll dive into in this article.
There’s a statistic showing that over 50% of marriages in the U.S. end in divorce! Many Omaha Ne residents are looking or advice for selling a home during a divorce.
One of the most valuable joint assets is a home. If you’re thinking about separating the asset, the best the simplest option to divide it is liquidation. Divorce can be one of the most stressful and emotionally charged events; it’s important to try hard remain rational with a clear mind.
Do You Plan On Selling Your Home During Divorce In Omaha, Or Plan On Keeping It?
In many divorce cases, one spouse will keep the home, buying out the departing spouse’s share.
Things to watch out for in the event of a buy out of a house during a divorce
Buyouts require diligence. Some things to consider:
- How will the buyout occur? Refinance? Loan modification? Offset? Personal loan?
- When will the buyout amount be paid?
- If both spouses are on title, is the one being bought out also being removed from the title at the same time of payment? How will that exchange occur?
- If both spouses are on the mortgage loan, is there is a timeline by which the spouse being bought out must be removed as an obligor? What happens if that deadline is missed? Is the house sold? What are those terms?
- Does the mortgage company (bank) have any restrictions on refinancing, modifications, change of title, etc.?
On the other hand, a spouse may use the house for an agreed time period (this is usually used when there are children in the home), and then sold at a certain date (usually when the children reach a certain age).
Seek Out Professional Help – Home Buyers And Agents May Help
Selling a home is a difficult process alone. Even when everything is going right.
There’s a lot going on during a divorce and many things to consider. Taking on the task of selling the home yourself is definitely not recommended. There are many issues that may arise like your spouse not agreeing on the selling price. When you work with a Real Estate professional, either with a reputable agent 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.
If you need to sell your Omaha house fast, reputable local real estate investment firms like FastFlow Home Buyers LLC may be a great option. Firms like ours actually BUY HOUSES fast for cash! (rather than listing them as agents do). We can close quickly but will do so on your terms.
If you can wait the time it’ll take to list it with an agent and sell it on the open market, going with a real estate 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 Omaha, Contact us for a no-obligation chat.
Come Up With A Timeline And Stick To It
It’s important, when selling your home during a divorce in Omaha, to keep a timeline. Also, make sure payments are also being made or the home will go into the foreclosure process causing further damage and stress.
You should put your home for sale in advance. 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 is in writing, and negotiate penalties for breaching the agreements.
This helps ensure a smooth, surprise-free home sale.
Selling 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 investment firm like FastFlow Home Buyers LLC.
Reputable local real estate investors like us, purchase houses quickly without stress. Sometimes the process can often take as little as seven days.
Deciding how to sell a marital home in Omaha doesn’t have to be as stressful as the divorce itself. This is what we are here for; find a solution and relieve you from unneeded and weary stress.
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, and moving the process as quickly and according to an agreed upon schedule, all parties can walk away from the sale without stress.
If you want to discuss your 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/text anytime at 402-218-1996 or
fill out the form on this website today! >>
Selling your home during divorce in Omaha shouldn’t be that hard. 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. If not, we’re here for you, and we’ll give you our opinion on the best route. Just reach out and lets chat. 😃