There’s no point in lying and trying to convince you that selling during a divorce is easy or stress-free. It’s usually an unpleasant and complicated process, to say the least. But, there are ways to reduce the stress and anguish involved to a somewhat manageable level.
Your Available House Selling Options!
If you need to sell quickly, we have several options for you to explore and one final ALL-CASH solution that might just be the choice for you. But, first, let’s discuss the ins and outs of the most popular selling options available in Miami.
Go Through a Real Estate Agent
As the most conventional home selling route available, it’s not a bad way to go.
An agent will represent your house for you so you won’t have to worry about viewings, negotiations, drawing up contracts, and the array of other time-consuming details because your agent will take care of this for you.
First, you’ll have to get an appraisal, which will cost you.
Chances are it will take numerous viewings and a few open house events to find an interested buyer. After this, you’ll need to wait for their financing to come through, which, in some cases, doesn’t.
Plus, when you accept the offer, the closing date generally won’t be for another 30 to 60 days. The average time for this whole process is a minimum of three months.
Do a Short Sale
Another available option is a short sale. A short sale involves selling the property for less than the remainder of the mortgage. Although, you will need an agreement with your bank or lending company before you can go ahead with this route.
You might be thinking:
Why on enough would I want to sell for less than my mortgage?
Well, house prices can fluctuate, and sometimes depending on the market, your house might not be worth the current mortgage on the property.
A short sale solves this problem by letting you sell for less than what you owe. And, it can be faster than going through an agent. However, there are drawbacks as well.
For one thing, it can negatively affect your credit. Credit-wise, the best you can do in a short sale is to get a “Not Paid as Agreed” notation on your credit report. You might be thinking, “That sounds terrible!” But, it’s a lot better than suffering through foreclosure, which can damage your credit for several years.
Sell to a House Buying Company
This option could be your best bet if you need to sell QUICKLY and with minimal effort and stress during a divorce. Selling to a Miami Cash Home Buyer can expedite the whole process, get you a fair deal, and reduce a lot of the anxiety that comes with selling real estate in Miami.
You could sell your Florida home in as little as seven days! That’s keys to CASH in just one week – not months. Plus, Professional Home Buyers like us at Sunshine State Buyers pay in cash! Check out our website >>> We Buy Florida Houses Fast!
This means you won’t have to sit around twiddling your thumbs waiting for a retail buyer to secure a loan. You won’t even have to carry out any repairs because WE purchase real estate in AS-IS condition.
On top of that, most reputable House Buying Companies will cover all the closing costs, and that’s exactly what we do at Sunshine State Buyers. Discover how our company works here >>>
If you need to sell your house quickly during a divorce in Miami, consider selling to a Cash Home Buyer! It’s easy. It’s fast. And you get a fair cash offer.