Even the most civil divorce proceedings are complex, to put it mildly. It can be overwhelming when you consider all the stress that selling a home brings and the conditions of divorce on less than friendly terms.
The first step is to determine the best route to market the home; a traditional listing or for sale by owner (FSBO) are not your only options anymore. Read on to find out the easiest and fastest way to sell your house in after a messy divorce.
Usually, after a divorce, the last remaining item is to sell your house in and split up the profits as quickly as possible, bringing all your remaining business to a close. Did you know that a direct buyer can ease the strain by guaranteeing your offer and letting you select the closing date? There is no such guarantee if you choose the traditional route of listing with a real estate agent or attempting to sell the home independently. From days sitting on the market, to issues at closing, even the fastest traditional sales average between 45-90 days. As the number of days lingering on the market adds up, the monthly expenses for holding the property continue. The longer a home is on the market, the interest in the property drops along with the offer prices. Choosing the easiest solution of a direct sale to a professional investor, like those at House Hunters of Oregon, can save you time and money.
Repairs are all too often overlooked when there are other pressing matters like a divorce. Things like a new roof, floors, cabinets and doors can all add up to a significant time and cost investment. People do not always have the money to cover these repairs and adding additional expenses into your divorce can delay the whole process. Sellers might find a prospective buyer but once they’ve entered into a contract, they spent many sleepless nights waiting for the outcome of the inspection, with a feeling of impending doom. As a result, buyers may back out of the deal or demand outrageous credit off the sales price. Another option would be to list the to sell your house in , as-is. However, if any offers do come in, you can expect them to be insultingly low offers; the majority of buyers looking through the market listings want homes that are ready to move-in. A direct buyer like those at House Hunters of Oregon will explain the process of selling to an invest and outline how much you will get with them vs a traditional sale. They will detail how your direct buyer reached each figure to decide which sales method is best for you.
If you sell your house in using a real estate agent, they’ll recommend that you stage the home, this would be presenting your house as a blank slate, free of personal possessions and touches that may interfere with the buyers ability to envision themselves in the space. Top agents utilize technology to their advantage. They won’t list a home without a virtual tour, and professional digital photography to try and make your home stand out against the competition. By working with a direct buyer you’ll save time and money because you won’t need to worry about paying for marketing, professional stagers, photographers, and drone pilots, in addition to the real estate commissions. These investors are buying your home directly so there’s no need to show it to others.
Cleaning and prepping for showings can be a furstrating and tedious process when you sell your house in after going through a messy divorce. At the very least, you should add a touch of fresh paint, keeping the staging guidelines in mind when making the color selections. In addition, given the changes in societal norms and social distancing, try limiting the number of people who walk through the home with your agent and also consider 360-degree video of the house, narrowing the exposure of your property even further. This may create more appointments to get the needed sale but will ensure your prospective buyers feel comfortable. On the other hand, you can stop the constant flow of strangers coming through your home and skip the showings by selling directly to an investor, like those at House Hunters of Oregon; you’ll save money and time because you can just skip the cleanup. We only need access the property once or twice. We’ll handle your unwanted leftovers, too; just take the boxes and furniture you want and leave everything else behind.
In traditional home sales, the closing date has to be coordinated with your buyers. There is typically no flexibility as the buyers will be moving into the home as their new home. Unfortunately, life doesn’t always work out conveniently, and sellers can often find themselves pressed for time, having to move somewhere temporarily until their next home is available. You could always ask your agent to negotiate with the buyers and create a leaseback, whereby you rent the property after closing for a given period. When you sell your house in to a direct buyer, the closing date can be at any time that you select, so you can move when you’re ready no matter what timeframe you need.
If you’ve gone through a messy divorce and are ready to sell your house in , House Hunters of Oregon will make the process as smooth and easy as possible. Contact House Hunters of Oregon at (503) 597-8471 today to learn more!