Selling House after Divorce in Arvada
Selling a house after a divorce in Arvada not only means you have to divide the proceeds, but it also means you have to find a new home. It’s for this reason that the decision to sell a house after divorce in Arvada should be made very carefully, even if the divorce process itself is a nightmare.
Once you agree that you will no longer live under the same roof, the most logical decision would be to sell the house, especially if none of you wants to keep the house or maybe can’t afford to buy out the share of the other. Do note that even before you can share the proceeds that come from the sale of the house, the mortgage must first be taken care of. You will also need to pay any other expenses involved in closing the sale, including agent fees.
In case of any capital gains taxes that may show up, the same proceedings must pay for them before you can divide the remaining amount. These are just some of the disadvantages of selling a house after a divorce in Arvada, especially if it happens at a time when the real estate market is not ripe. Also, deciding to sell a house when kids are still in the picture is another disadvantage, but there are also some advantages involved.
Selling house after a divorce in Arvada means that each one of you will have their freedom to move on and some money to start off a new life. In fact, this deal could really help when it comes to getting a clean break. But know that the process of selling a house after a divorce in Arvada is not the easiest of them all. It can be lengthy, detailed and involve several projects as well, including and not limited to court cases and contracts, among other things.
Each of these extras of the process takes time, hard work and money to accomplish and given that you are already going through a lot with your divorce, handling all these can be a problem for either of you. But there are ways you could use to make things a little easier on your side.
Pick an agent
Generally, it’s very okay to sell your house without involving an agent. However, given the emotional upheaval associated with divorce proceedings, it’s not the best idea to undertake the selling of your house after divorce agreement on your own. In such cases, the best option is to assign an agent that can handle the matter on your behalf and report back to you.
The reason many couples selling a house after a divorce in Arvada think an agent is not the best idea is that of the extra fees involved when dealing with agents. Also, agents tend to make things slow, especially if they don’t have the right market to sell the house to. Make sure you spend more time trying to find the best agent rather than settling on the first one you get.
If the agent that worked with you when buying the house is an option, you can also reach out to them and work out things fast. For those working from scratch, make sure that these agents help you settle on the right price for your house, otherwise, selling it won’t be a walk in the park.
Settle at the right price
Setting the wrong price tag for your house could result in weeks or months of waiting before the house eventually sells for something probably cheaper. Before you decide on the price, ensure you have done extensive consultations with the agent, even if means finding out the price from different agents for comparison purposes.
Prepare the house
It’s important that you make your house ready so that potential buyers don’t have to be part of your divorce. Do all the necessary repairs needed, clean the house, de-clutter it by removing all your stuff and even repaint the walls and ceilings if possible. All these should help create a desirable first impression for potential buyers.
When the house hits the market, offers will start coming in, but don’t be so sure. At times, it may take an agent months before closing a sale, so be wary of this when going the agent way. As far as selling a house after a divorce Arvada is concerned, your best option is to go with cash buyers.
Denver Property Flip is a house buying company that pays cash for your house regardless of the condition. With the tough times during a divorce, you don’t have to go through other issues of home repairs and preparing the house for sale and related stuff. You don’t need to suffer the agent fees and commissions when we can simply buy your house and pay in cash.
We are not an agent, instead, we are the client. This means that you are dealing with a direct client and no third parties, thus eliminating the extra charges. In less than a week, this deal will be done. Call us today on (720) 370-9595 and we can do some business right away.