If you’re wondering about the ins and outs of selling your home during a divorce in Columbus OH… Ittenbach Capital will dive into the steps and things to look out for in this article.
With over 50% of American marriages ending in divorce, many Columbus OH residents are looking or advice for selling a home during a divorce.
A home is one of the most valuable joint assets, and obviously cannot be divided without first liquidating. While a divorce is one of the most stressful and emotionally charged life events, it’s important to remain rational. There are several factors to consider when facing a divorce in a real estate market that has yet to rebound from the housing bubble burst.
Determine if (and when) You Will Be Selling Your Home During Your Divorce in Columbus
In many divorce cases, one spouse will keep the home, buying out the departing spouse’s share.
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 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.
During a divorce, your emotions are running wild and there is so much to consider. You shouldn’t take on the task of selling you home yourself. You may have disagreements with your spouse about selling price or other issues. By working with Ittenbach Capital;s Team of Professionals you will 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 Columbus house fast for cash… Ittenbach Capital may be a great option. Firms like ours actually BUY HOUSES (rather than listing them like agents do)… we pay cash and can close quickly if you need to sell your house fast. We conduct due diligence on the current market, compare to comparable homes in your area, take into consideration any updates that may need to be made and come back to you with a cash offer in as littler as a few days.
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, that would be your best bet. However, be prepared to wait 3-9 months it can take to sell on open market. Also be prepared for agent to make recommendations on updates and cost of those updates. In addition, the showings and being prepared to leave your home on a moments notice.
Give us a call to chat about what is best option for your circumstances. We are completely transparent and will give you the advice needed to move forward with the sale of your home.
Set (and stick to) a Timeline
It’s important, when selling your Columbus house during a divorce to keep a timeline.
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 are in writing, and negotiate penalties for breaching the agreements.
This helps ensure a smooth, surprise free home sale.
Selling Your House 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 Ittenbach Capital Ohio House Buyers.
Listing with a qualified real estate agent or simply jointly deciding to sell and selling fast to a real estate investment firm like Ittenbach Capital Ohio House Buyers, and moving the process as quickly and according to an agreed upon schedule, all parties can walk away from the sale stress free.
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 anytime at 614-215-9684 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.Reputable local real estate investors like us, purchase houses quickly and without stress, and the entire process can often take as little as seven days.
Deciding how to sell a marital home in Columbus doesn’t have to be as stressful as the divorce itself.