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Is It Possible To Sell A House During A Divorce In Bakersfield?

There is no subtle way to put it- divorces are simply awful. With so many emotions blowing out of proportion, couples may find themselves disagreeing over everything. Ideally, the best course of action will be to work it out, but it is advisable to be as level headed as possible during this time.

Over 50% of American weddings end up in divorces. So, it comes as no surprise that many Bakersfield residents are looking for advice on selling their homes during a divorce. There is NO CONCISE COURSE OF ACTION that can be implemented in every situation, but this article will try to help you as much as possible.

What To Consider

There are several factors to consider when facing a divorce in a real estate market that has yet to rebound from the housing bubble burst, one of the key items for consideration being the fact that a home is one of the most valuable joint assets, and obviously cannot be divided without first liquidating. Bearing this in mind, here are a few noteworthy considerations.

Decide If (and When) To Sell

The most influential factor when considering selling your house during a divorce is the kids. They should not have to bear the physical burden of this disagreement, as the emotional part may be already too much for them to handle. It is therefore advised that one partner keeps the home and buys out the other’s shares. Equally, agreements could be made where one partner uses the house for a set period of time. Then, sell it at a predetermined date (usually when the kids come of age).

Get Professional Help

Selling your house can be quite difficult under normal circumstances. So, it is expected to be even more so during times as trying as a divorce. There are a lot of things to consider during a divorce, and arguments frequently break out over the most trivial of issues. Agreeing on a price may be impossible between the couple, so it is recommended to hire professional help such as real estate agents or investors. This presents both parties with a neutral and rational opinion as well as a fair price for their property.

Set an Achievable Timeline

Set a timeline within which you intend to sell your property and stick to it! You may want to consider putting everything into writing to ensure that either partner doesn’t take advantage of the situation. Put up your house for sale in advance and determine the closing and moving dates as well as the time. Deciding on which spouse should be responsible for negotiations can also facilitate this process.

Sell a House During a Divorce For Cash

The quickest and best possible option can be to sell your house for cash. Real estate investors such as “Top Offer Today” can purchase your property for a fair price. We can also close the deal in as little as 7 days. This ensures that the spouses are not in each other’s way for any longer than they need to be, and certainly make selling the property easier than their breakup.

Give us a call today at (661) 493-8530 for the best solutions for selling your home in Bakersfield. Or get a free top dollar offer by filling out the form below: 

 

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