We buy houses in Metairie, Louisiana. With over 50% of American marriages ending in divorce, many Metairie residents are looking for advice on selling a house in joint names during a divorce. As Metairie home buyers, we want to help you. If you’re wondering about the ins and outs of selling your home during a divorce in Metairie LA, we’ll dive into the steps and things to look out for in this article.
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 Metairie LA
In many divorce cases, one spouse will keep the home, buying out the departing spouse’s share.
In many cases, agreements during divorce 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 sells it at a certain date (usually when the children reach a certain age).
Get Professional Help – Agents and Home Buyers / Investors
Selling a home in divorce 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 the 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 Metairie LA house fast, reputable local real estate investment firms and homebuyers in Louisiana like Spouses Who Buy Houses may be a great option. Firms like ours actually BUY HOUSES (rather than list 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 market in Metairie, 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 to keep a timeline when selling the house during a divorce.
You should put your home for sale in advance. Set firm closing dates and 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. One option that many divorcing couples have turned to in recent years is making a quick sale to a real estate investor like Spouses Who Buy Houses.
Sell My House in Metairie LA
Deciding how to sell a marital home in Metairie doesn’t have to be as stressful as the divorce itself.
When you sell your house in LA to a real estate investor like Spouses Who Buy Houses, all parties can walk away from the sale without stress. We offer cash for houses in Metairie LA and we can close on your schedule. 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…