If you’re wondering about the ins and outs of selling your home during a divorce in Metro Detroit, MI we’ll dive into the steps and things to look out for in this article.
With over 50% of American marriages ending in divorce, many Metro Detroit area residents are looking or advice for selling your home during a divorce.
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 that has yet to rebound from the housing bubble burst.
Determine if (and when) You Will Be Selling Your Home During Your Divorce in Metro Detroit
In many divorce situations, one spouse will keep the home, buying out the departing spouse’s share. In some 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.
If you need to sell your Detroit house fast… reputable local real estate investment firms like Detroit Fair Offer may be a great option. Firms like ours actually BUY HOUSES IN Metro Detroit (rather than listing them like agents do) and we buy houses in Metro Detroit for cash and can close quickly if you need to sell this house fast.
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 Metro Detroit…. chat with us to see what we can offer you for your house during your divorce.
Set (and stick to) a Strict Timeline
It’s important, when selling your home during a divorce in Metro Detroit MI 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.
“We Buy Houses in Detroit”
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 Detroit Fair Offer.
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 Michigan 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 Detroit Fair Offer, 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… We can easily help you with selling your home during a divorce in Metro Detroit Michigan.
Give us a call anytime at (313)647-8806 or
contact us here. Our We Buy Houses Detroit program is perfect for your situation!
We make selling your home during a divorce less complicated. 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.