If you are going through a divorce and you are trying to sell a house in Savannah, you might be asking yourself, “What if my house won’t sell during the divorce?” It is a good question to ask so read this blog post and we’ll give you our best answers.
Getting divorced can be a challenging experience: it’s expensive, time-consuming, and emotional. To put all that effort behind you, you will also need to sell your house so that you can split any equity in the home. How will you deal with the situation if the house does not sell? Here’s what you can do if your house won’t sell in Savannah while you’re going through a divorce…
What Are The Reasons Your House Won’t Sell?
Despite your best efforts, your house might not sell for various reasons. Several of these reasons are related to normal market conditions (and they may be present regardless of whether or not you are divorcing). Nonetheless, there are other reasons why your house doesn’t sell — for example, maybe your divorce is complicated or there is a lot of conflict between both parties, making it too difficult for a buyer to negotiate the sale price.
Delays Add To The Problem!
In the event that the house doesn’t sell as quickly as you would like, this just adds to the problem, and ultimately it ends up costing you more in bills, taxes, and mortgage payments, as well as additional attorney fees.
In other words, you might be hoping to sell your house quickly at a high price, but your divorce may actually scare away buyers.
Fortunately, there’s another option…
Strategy For Divorce Houses: Sell To A House-Buying Company
If you are trying to sell your divorce house, here’s a good strategy — instead of listing with an agent, sell directly to a real estate buying firm like us. It may not always be possible to pay the market price for a home, While holding out for a higher price may seem like the right strategy at first glance, it is actually a costly strategy once you factor in the costs of repairing the property, the carrying costs while you wait months for an agent to find a buyer, and finally the agent’s commission (often thousands of dollars) in the equation.
In case your house doesn’t sell during your divorce in Savannah, and if you want to sell your house fast, a real estate buying firm like ours is the fastest and simplest way to remove the property from the middle of your divorce, get money for it, and allow you to wrap up this particular part of your divorce.