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Selling Your Home During a Divorce in Savannah

by | Jan 29, 2021

If you are needing help in figuring out a divorce sale in [market city] GA, read this article to learn the steps and things to watch for.

Many Savannah GA residents are seeking advice on selling their homes during a divorce, as over 50% of marriages end in divorce.

One of the most valuable joint assets is a home which can’t be divided without first liquidating it. Even though a divorce is a stressful and emotionally charged event, it is important to remain rational during this time. If you are contemplating divorce in a real estate market that hasn’t recovered from the housing bubble burst, you need to consider several factors.

Determine if (and when) You Will Sell Your House in Savannah Before or During the Divorce

One spouse will typically keep the house in a divorce by buying out the other spouse’s share of the property.

It is not uncommon for a couple to enter into an agreement where one spouse uses the house for a set time (this is usually done when there are children in the home), and then sells it at a certain date (usually when the children reach a certain age).

Agents, Home Buyers, and Investors: Get Professional Help

Selling a home is a challenging process even when it goes smoothly.

Divorce is a difficult time, and a lot of things must be considered. You shouldn’t take on the task of selling your home yourself. There could be disagreements with your spouse regarding the selling price. Working with a real estate professional, whether it be a reputable agent or real estate investment firm, you will both need a neutral third party who will help you set a fair selling price and market your home.

To sell your Savannah house fast, reputable local real estate investment firms like 32Homes LLC may be a great option.  Firms like ours buy houses (rather than list them as agents do)… as well as paying cash and closing very quickly.

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.

However, if you cannot wait the 3-9 months it can sometimes take to sell a house in this market in Savannah, chat with us to see what we can offer you for your house during your divorce.

Create a Timeline (and stick to it!)

When selling your Savannah house during a divorce, keep a timeline in mind.

Put your home on the market as soon as possible. Coordinate closing dates, moving dates, and times, and decide who will handle the sale (or who will be talking to the real estate agent). Each of these agreements should be in writing, and penalties for breaching them should be negotiated.

This helps ensure a smooth and surprise-free sale.

Selling Your House Fast For A Fair All-Cash Price

Recently, some divorcing couples have turned to selling their properties to real estate investors like 32Homes LLC.

Local real estate investors like ourselves purchase houses quickly, without stress, and often within seven days.

The decision about how to sell a marital home in Savannah does have to be as daunting as the divorce itself.

With the help of an experienced real estate agent or by simply agreeing to sell to a real estate investment firm like 32Homes LLC and moving the process as quickly and respectfully as possible, all parties can walk away stress-free.

Please contact us if you want to discuss your divorce and see if we can improve your situation, reduce your stress, and get you out of this situation quickly…