If you’re wondering about the ins and outs of selling your home during a divorce in Las Vegas, we’ll dive into the steps and what to look out for in this article.
With over 50% of American marriages ending in divorce, many Las Vegas residents are looking for answers regarding selling a home during a divorce.
A home is one of the most valuable joint assets, and obviously cannot be divided without 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 fully rebound from the housing bubble burst.
Determine if (and when) You Will Be Selling Your Home During Your Divorce in Las Vegas
A majority of the time, 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 your 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 home buying professional – 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 Las Vegas house fast, reputable Las Vegas home buying companies like Vegas Cash Offers may be a great option. Companies like ours actually BUY HOUSES (rather than listing them like agents do). We pay 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 Las Vegas market, chat with us to see what we can offer you for your house during your divorce.
Set (and stick to) a Timeline
It’s extremely important to keep focused on a timeline when selling your Las Vegas house during a divorce.
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 home buying professional like Vegas Cash Offers.
Reputable, local companies like us purchase houses quickly and without stress. The entire process can often take as little as seven days.
Deciding how to sell a marital home in Las Vegas doesn’t have to be as stressful as the divorce itself.
By protecting each party with a qualified real estate agent or jointly deciding to sell to a home buying professional like Vegas Cash Offers – moving the process 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 (702) 834-2726 or
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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!