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  • Writer's pictureShannan Small

How to Sell Your House for Cash During a Divorce

If you're getting a divorce in the near future, you might have to sell your house for cash and split the proceeds with your spouse. In Charlotte, NC, the property market is currently hot, so you should get a good price for your property. While selling the traditional way can be a hassle, there are innovative options available to sellers who would like a quick and easy experience. Let's have a closer look at the best way to sell your home.

How to Sell Your House for Cash During a Charlotte, NC Divorce

Splitting up the assets is one of the hardest parts of a breakup. While some people have the financial means to buy their partner out and keep their primary residence, many others have to move. There are several ways of selling a home during a separation, but it's almost always easiest to collaborate with a property company.

Check that You Can Sell Your Home

Before you can get started, you need to make sure you are legally allowed to sell your home while you and your spouse are separating. If both of you agree that selling and splitting the money is the easiest way forward, then you won't have any trouble. However, the situation becomes more complicated if your spouse would prefer to remain on the property.

Provided your former partner is able to buy you out, it's unlikely that you'll be able to sell the property to a third party. However, if they don't have the necessary money, it's possible that you can sell. It also depends on who owns the home, as you're free to do what you wish with a property that is in your name. The best way to find out whether a sale is currently possible is to speak to your attorney.

Research Your Selling Options

Once you've established that you can sell the home, it's time to research your options. Some people decide to go through the process on their own to save money. However, this is a hassle since you'll have to comply with all the regulations and host all the viewings yourself. What's more, it's hard to know how much your property is worth; so many "for sale by owner" homes don't achieve the best price possible.

Another option is to use an online-only or in-person agent. While you're likely to get a better price, you'll have to pay the realtor a significant fee. What's more, the advertising process can take weeks or even months, so you'll have to wait for your money. Fortunately, there is a third option. By selling directly to a property company, you can skip the hassle and still achieve a high price.

Get in Touch with a Property Company

If you're looking for a quick and hassle-free sale, working together with a property company is the best solution. When you're ready to sell, you can reach out to Better Path Homes and speak to one of our agents. You can either call us or fill out the simple contact form on the website. Remember, the more detail you give us, the better we can judge whether your property might be right for us.

In particular, you should let us know what condition your home is in and what repairs it might need. Unlike regular buyers, we are happy to purchase properties that require refurbishment because this allows us to tailor the home to the new buyer. We accept a wide range of homes and empty lots, so you shouldn't hesitate to get in touch.

Host a Viewing

During the initial conversation, we will let you know whether we are interested in your home. If so, we will request an in-person viewing, so we can walk through the home and make some notes about its current condition and potential. Unlike a regular property viewing, this meeting doesn't require you to do a lot of preparation, such as cleaning and fixing up your home.

Since we are able to do repairs ourselves, we're happy to look at your home as-is. Usually, we can tell instantly whether we would like to buy the property. If so, we will give you a quote within 24 hours.

Make a Decision About Your Quote

With Better Path Homes, there is never any obligation. If you've requested a viewing and received a quote that you're not happy with, you don't have to sell to us, and we won't charge you any fees. However, most people accept our quotes because they are fair and transparent. Because we believe in helping people who would like to sell quickly, we won't charge you any hidden or extra fees.

If you decide to go ahead, we will have our lawyer draw up a contract. Generally, we aim to close within 2-3 weeks, but we occasionally pay sellers within three days to one week, especially if they need the money urgently.

Most people spend a five-figure sum on their Charlotte, NC divorce. To pay for the legal fees, mediation, the cost of moving to a new house, and more, you might have to sell your house for cash. Call or message us now at Better Path Homes to find out whether you could sell to us. We will be happy to visit your home and provide you with a competitive quote.

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