If you’re wondering about the ins and outs of selling your home during a divorce in Wisconsin… we’ll dive into the steps and things to look out for in this article.
Many Wisconsin residents are looking for advice on selling a home during a divorce. The
divorce statistics in America is currently estimated at 50% of marriages.
Of all the joint assets, a house is likely the most valuable, and it can’t be divided until it is liquidated. While a divorce is a stressful and emotionally taxing life event, it’s important to remain rational and level headed. There are several factors to consider when facing a divorce in a Wisconsin real estate market.
Determine if (and when) You Will Be Selling Your House During A Divorce in Wisconsin
It’s common to see one spouse keep a house by buying out the other’s share.
Agreements are also made where one spouse uses the house for a period of time and then sold at a specified date (this is usually the case when children are in the home and the specified date is typically when the children reach a certain age).
Get Professional Help – Agents and Home Buyers / Investors
Selling a house under normal conditions is already a difficult process…
Selling your house during a divorce adds even more to the process. We wouldn’t recommend taking on the task of selling your home by yourself. There may be disagreements with your spouse about selling price or other issues.
But, by working with a real estate professional… (either a reputable agent or real estate investment firm)
There will be a neutral third party who can help you determine an accurate selling price and handle the marketing of your home.
If you need to
sell your Wisconsin house fast… reputable local real estate investment firms like ours may be a great option. Companies like ours actually BUY HOUSES (rather than listing them like agents do)… and we pay cash and can close
quickly if needed.
If you can afford the time it’ll take to list with an agent and sell it on the open market, we always suggest listing with an agent to get top dollar for your house. You can expect to net about 85% after costs of repairs, closing costs, fees, agents commissions, and months of utilities and taxes while your house is on the market.
But if you can’t wait the 3-9 months it sometimes takes to sell a house in Wisconsin…
Chat with us! We could have your house closed this month if you need.
Set (and stick to) a Timeline
When selling your Wisconsin house during a divorce it’s important 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 handle the sale (or work with 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
Deciding how to sell a marital home in Wisconsin doesn’t have to be as stressful as the divorce itself. We can help, even if you just need to talk through the options you have when selling your house.
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…
We’ll evaluate your house, make you an 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 let’s chat.
