Selling a house amidst a divorce can pose significant challenges. Discover the most seamless and equitable approach to selling your New York property in our latest article. Gain valuable insights on navigating this complex process with ease and precision.
Divorce proceedings can be incredibly challenging, especially when it comes to settling affairs and dividing assets. Amidst constant bickering and disagreements, making major financial decisions only adds fuel to the fire. Selling the shared property is a common choice for many couples, as it allows for a quick and straightforward division of real estate interests, enabling both parties to move forward with their lives.
To assist those navigating the process of selling a house during a divorce in New York, we have compiled a set of tips aimed at simplifying the home-selling journey.
Price The Home To Sell
By accepting a slightly lower price than your initial target for the property, you grant yourself the potential to sell the house much more expeditiously. It is imperative for both former spouses to reach a mutual agreement on an acceptable price.
When listing the house on the MLS in New York, ensure that the property is not priced excessively high, as this may impede the process of finding a buyer and prolong the selling procedure. Set the right price from the outset to facilitate a swift sale. Although the escrow process typically takes 30-60 days, locating a buyer should not pose as great of a challenge.
Depending on your situation, you may already have enough to argue about. Avoid adding more fuel to the fire by being unclear about responsibilities for selling the home. Ensure that each party understands their role to prevent finger-pointing and confusion. Decide who will handle tasks such as cleaning, repairs, and communication with the agent. It’s crucial for the former couple to work together in order to achieve a successful sale.
In some cases, it might be wise to hire a professional to handle cleaning and other tasks, with the costs split between both parties. Both parties should stay in touch with the agent to stay informed throughout the process. A couple in conflict may inadvertently forget to communicate important details that are critical to selling the home.
Keep Your Emotions In Check
Selling a house during a divorce in New York can be an emotionally charged experience. Divorce is undoubtedly challenging, as it involves bidding farewell not only to a spouse but also to a shared home. It’s natural to experience moments of irrational thinking during this process. However, it’s crucial to focus on the future and avoid succumbing to sadness, spite, or bitterness towards your partner. These emotions can hinder a successful sale and unnecessarily prolong the process. Consider enlisting the support of your lawyer or mediator to guide you through the house-selling journey in New York.
Find A Direct Buyer
Are you interested in selling your house quickly? If so, working with the team at Velocity House Buyers can make this a reality. Our efficient process allows us to close on your New York house within just a few days, potentially saving you thousands in holding costs, marketing expenses, and agent commissions. We specialize in assisting divorced couples throughout the New York area who are seeking a fair and fast way to liquidate their property. Velocity House Buyers purchase homes throughout New York, including areas like Poughkeepsie, Newburgh, Middletown, and more. Additionally, we have partners in multiple markets across the United States. So, if you ever need to sell your house to a “we buy houses” type company outside of New York, don’t hesitate to reach out for a reference. Regardless of the condition or situation, we are here to provide you with a fair and transparent offer.
About Greg Helbeck
Greg is passionate about real estate investing in his home state of New York. He is known for his dedication to solving property challenges for homeowners, no matter their situation. Greg successfully juggles his career, family commitments, and his physical fitness. He is also actively engaged in his community and consistently aims to excel in all his endeavors.