Unfortunately in life things don’t always work out how we planned. Often times relationships change and people that had planned on spending their lives together make a decision to end their marriage and part ways. If you happen to be in this situation and are facing the prospect of selling your home during a divorce in Kansas City, Missouri, we will dive into the steps to take and the things to look out for in this article.
Divorce is much more prevalent these days than it was even 25 years ago. With over 50% of American marriages ending in divorce, many Kansas City, Missouri residents are looking or advice for selling a home during a divorce. Selling your home during a divorce in Kansas City, Missouri can be a complicated task depending on your situation. It’s in your best interest to arm yourself with as much knowledge as possible so that the sale goes well.
A home is one of the most valuable joint assets, and obviously cannot be divided without first liquidating. While a divorce is one of the most stressful and emotionally charged life events, it’s important to remain rational. There are several factors to consider when facing a divorce in a real estate market such as the one in Kansas City, where it has been a sellers market for a few years.
Determine if (and when) You Will Be Selling Your Home During Your Divorce in Kansas City, Missouri.
In many divorce cases, one spouse will keep the home, buying out the departing spouse’s share.
In many cases, agreements are made where one spouse uses the house for a set period of time (this is usually used when there are children in the home), and then sold at a certain date (usually when the children reach a certain age).
Get Professional Help – Agents and Home Buyers / Investors
Selling a home is a difficult process when everything is going right.
During a divorce, you have a lot going on, and a lot to consider. You shouldn’t take on the task of selling you home yourself. You may have disagreements with your spouse about selling price or other issues. By working with a real estate professional… either a reputable agent or real estate investment firm, you’ll both have a neutral third party who can help you determine a fair selling price and handle the marketing of your home.
As a licensed Realtor I know how important it is to work with someone that can remain neutral in this situation. Selling a house is stressful enough and having an agent that doesn’t remain neutral in this situation only makes it worse. It’s important to look at all of your options. Interview agents to see how they handle these situations.
If you need to sell your Kansas City, Missouri house fast… reputable local real estate investment firms like PSR Home Buyers may be a great option. Firms like ours actually BUY HOUSES (rather than listing them like agents do)… and we pay cash and can close quickly if you need to sell this house fast. This option may be best if you need to liquidate quickly. It’s less stressful. You can sell fast. You won’t have to pay closing costs. You also won’t have to worry about making any repairs. Which can often be a relief when you are selling your home during a divorce in Kansas City, Missouri.
If you can wait the time it’ll take to list it with an agent and sell it on the open market, going with a real estate agent is your best bet.
But if you can’t wait the 3-9 months it sometimes takes to sell a house in this market in Kansas City Metro … chat with us to see what we can offer you for your house during your divorce.
Set (and stick to) a Timeline
It’s important, when selling your Kansas City Metro house during a divorce to keep a timeline.
You should put your home for sale in advance. Set firm closing dates, moving dates and times, and coordinate which spouse will be handling the sale (or talking to the real estate agent). Make sure that each of these agreements are in writing, and negotiate penalties for breaching the agreements.
This helps ensure a smooth, surprise free home sale.
Selling Your House Fast For A Fair All-Cash Price
One option that many divorcing couples have turned to in recent years is making a quick sale to a real estate investor like PSR Home Buyers.
Reputable local real estate investors like us, purchase houses quickly and without stress, and the process can often take as little as seven days.
Deciding how to sell a marital home in Kansas City Metro doesn’t have to be as stressful as the divorce itself.
By protecting each party with a qualified real estate agent or simply jointly deciding to sell and selling fast to a real estate investment firm like PSR Home Buyers, and moving the process as quickly and according to an agreed upon schedule, all parties can walk away from the sale without stress.
If you want to discuss your situation with your divorce and see if we can help you save time, reduce stress, and get out of this situation fast…
Give us a call anytime at (913) 708-1185 or
fill out the form on this website today! >>
We’ll evaluate your house, make you a fair all-cash offer, and you can decide if selling your house to us is the best fit for you. We’re here for you, just reach out and lets chat.