A divorce can be a challenging situation: it’s complicated, it’s expensive, it’s time-consuming, and emotions are running high.
Plus, many couples come to the difficult decision that selling their marital estate is the only fair way to split the value of any equity in the house.
But What Happens If Your House Doesn’t Sell?
First, don’t panic!
We’ve put this article together specifically to address the issue. Keep reading to find out what to do if you’re struggling to sell your marital estate during a divorce!
Your House Is Not Selling Because…
…unfortunately, there isn’t one straightforward answer. There are a lot of reasons why your house might struggle to sell in Miami. Some factors will be related to the market and economy. Other factors could include the location of your property, neighborhood, price, or style of the building itself.
There could even be additional reasons that are directly related to your divorce. For instance, conflict can arise between you and your partner. Maybe you can’t agree on the price, terms of the deal, or possession date.
If there’s a lot of conflict between each party, you might find it impossible to agree on anything. When this happens, negotiating with a buyer, working with a real estate agent, and organizing anything is too much for anyone to handle. And, it becomes increasingly obvious why you haven’t found a buyer.
Any Delay Becomes A Problem!
If tensions are already high, chances are any minor issues or delays just add to the problem.
If the house is not selling as quickly as you’d like, or buyers are offering far below the asking price or requesting unreasonable terms, this will ultimately cause you and your partner more stress. Resulting in you arguing more and paying out more — in bills, taxes, and mortgage payments, plus attorney fees. And then the cycle continues. You end up arguing about covering bills and insurance on a property neither of you might be living in.
Fortunately there’s another option…
Strategy For Divorcing Homeowners: Sell To A House-Buying Company!
Here’s an effective strategy for people who are trying to sell their house — instead of opting for the conventional route and selling your house with an agent, you could sell your Florida house directly to a real estate buying firm like us here at Sunshine State Buyers. Check out our website >>> We Buy Houses Fast Florida!
As real estate buyers, we may not always be able to offer you market value but many divorcing couples realize that holding out for a higher price can actually be a costly strategy. Once you factor in the cost of updating the property, plus general maintenance, the carrying costs while you wait months for an agent to find a buyer, and then the agent’s commission fee, the additional money you earn from a market value sale seems pretty pointless.
Don’t learn the hard way! Give us a call on (305) 916-3328 and see what your options are. There’s absolutely NO OBLIGATION to accept our offer.
If you’re worried, thinking, “What do I do if our Miami house doesn’t sell during my divorce!?” Don’t stress!
We have a fast, hassle-free solution that saves you time, money, and stress! Selling your home to a real estate buying firm like ours is the fastest and simplest choice that solves the issue of selling marital estate during a divorce.