If you’re in the midst of a divorce, maybe you’d like to wash your hands of the marital property and move on with your life. Or perhaps you’d like to keep the house, but can’t afford the mortgage by yourself. Selling your house in a divorce can be a headache, but The Red Door Guys make the process easy. We buy houses in Richmond, VA, no matter the condition.
Why Sell Your House During Divorce?
During divorce, you’ll have to go through the tumultuous property division process. If you want to keep the house, you might take the buyout option, which involves paying your ex for their half of the marital equity in the property.
Keeping the house isn’t always an option. You might need to sell if:
- You can no longer afford mortgage payments, maintenance, and property tax on one income.
- Your income isn’t high enough to refinance the house and put the mortgage in your name only.
- You can’t come to a settlement agreement regarding who keeps the house. In this case, the court might force you to sell. In a community property state, that means splitting the proceeds 50/50.
Check out the code of Virginia to learn more about why you may need to sell your house during divorce.
How To Sell Your House When Getting Divorced
Selling your house in a divorce is much like selling at any other time, except for a few important differences. Here’s how it works.
- Hire a divorce lawyer and real estate attorney to guide you through the selling process. Your lawyers will look out for your best interests and ensure you get a fair deal.
- Decide whether you’d like to sell the traditional way to get a cash offer from a home buyer like The Red Door Guys. Selling the usual way can be slow, and you’ll have to make repairs. Red Door Guys can make you a cash offer regardless of your house’s condition.
- If you opt to work with us, we’ll do a home appraisal and make you a cash offer. You’ll have to review and agree on our asking price with your spouse.
- Once you accept our offer, you can close your house in as little as seven days. You’ll need to split the proceeds from the sale with your spouse according to your settlement agreement.
Why The Red Door Guys?
Here’s why to choose us instead of selling your house the usual way:
- No need to wait for the right buyer to come along. We can make an offer right away.
- No arguing with your spouse over who pays for repairs or cleans up the property. We take houses in any condition.
- No realtor commissions, just a fair offer and money in your pocket.
Get a Fair Offer for Your House Now
Selling your house in a divorce is a hassle, but it doesn’t have to be! Call us at (804) 395-7355 to get an offer on your house or learn more about the perks of working with a cash buyer vs. a realtor.
