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 Louisville?” 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 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 a divorce in Louisville?” 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, 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.
These Delays Add To The Problem!
If the house is not selling as quickly as you would like, this just adds to the problem and it ultimately ends up costing you more in bills, taxes, mortgage payments and additional attorneys fees.
While you may hope to sell your house at a high price, your divorce could scare off potential buyers and ultimately cost you more money. Fortunately there’s another option…
Strategy For Divorce Houses: Sell To A House-Buying Company
An effective strategy for selling your house during a divorce is to sell directly to a real estate buying firm like us here at FairSquare House Buyers instead of listing the house with an agent. As real estate buyers, we may not always be able to pay the market price for a house but 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 (sometimes thousands of dollars).
If you’re wondering, “what if my house won’t sell during a divorce in Louisville?” and if you want to sell your house fast, a real estate buying firm like ours is the fastest and simplest choice to get the property out from the middle of your divorce, give you money for it, and allow you to wrap up this portion of the divorce proceedings.