It’s never a good thing to go through a divorce, for many reasons. If you have to deal with that, you may be wondering, “what if my house won’t sell during a divorce in Virginia Beach?” In this article we will give you some ammunition to make sure you understand the variables and how to make a good choice.
When a couple goes through a divorce, there are many aspects of your life that would be in turmoil for a while – financial issues, emotional problems, divisions of property, situation with kids. It all adds up. If you’ve had a house together, and you both agree to sell it, this may work as an easier split of equity between you two. More often than not though, there will be issues which will arise when you try the sell the house. In today’s market in our area you may think it is not hard to sell, but in some cases yes, you may be wondering, “what if my house won’t sell during a divorce in Virginia Beach?” Here are some ideas on why that may be and what you can do.
What Are The Reasons Your House Doesn’t Sell?
The markets always vary. You never know what will happen next. The house may not be properly cleaned up of rehabbed to get the desired price. The asking amount of course plays a major role in determining if the house will sell faster, or it will just sit on the market for a very long time. Believe it or not, we’ve seen a good number of houses in the Hampton Roads area that do not sell for over 6 months, due to the price being too high vs. the condition of the property. Also, we know that there may be issues between the spouses, as far as working in unison, when going through a divorce, and finding civility to work together to make modifications, rehab, cleaning and whatever else is necessary to sell the house at an agreed-upon price. Lack of communication between the two spouses will definitely cause friction during the process of the sale of your house.
This Delay Adds To The Problem!
If you try to get your house sold the traditional way, through a real estate agent, it may not sell fast, or at the price you want. Remember, you will also need to pay agent commissions, usually 6% of the total sale price. If the house sits on the market for a while, it will add to you issues, because there will beholding costs – mortgage, maintenance, utility bills, even possibly more attorney fees. You may just want for this to be over with. Fortunately, there is another way – to sell to an investor, fast, for cash.
Strategy For Divorce Houses: Sell To A House-Buying Company
Yes, you can sell a house without a real estate agent. In fact, if you are going through a divorce and you need to get this done as fast as possible, this may be your best solution, to sell to Coastal Edge Homebuyers. We are real estate investors and we even though would not buy at the highest retail prices, if you think about the situation you are in, and compare with selling the traditional way – with paying agent fees, prep/stage the house, cleaning, rehabbing, multiple showings, holding costs, these can add up for thousands of dollars and dealing longer with a spouse you want to move away from. In these cases, selling to a home buying company is a great choice.
So, if you’re wondering, “what if my house won’t sell during a divorce in Virginia Beach?” when you want to sell you house fast, selling to Coastal Edge Homebuyers will offer an easy and effective way to sell the property in the middle of a divorce and get you out of this sticky situation, so you can move on faster with your life.