If you’re wondering about the ins and outs of selling your home during a divorce in Bakersfield California… 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 Bakersfield California residents are looking or advice for selling a home during a divorce. It is not a fun subject to talk about, but it is important to have as much knowledge as possible when trying to navigate tricky circumstances.
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 Bakersfield
In many divorce cases, one spouse will keep the home, buying out the departing spouse’s share.
In many 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 have to take on the task of selling you home yourself. You and your spouse may not agree on all the different decisions that need to be made during a real estate transaction, which is why a neutral third party might be a great and possibly necessary option. Using either a reputable agent or investment company can you help figure out a fair price for your property, and handle the marketing of your home.
If you need to sell your Bakersfield house fast… reputable local real estate investment firms like Buyers of Bakersfield may be a great option. Firms like ours actually BUY HOUSES (rather than listing them like agents do)… and we pay cash and can close quickly if you need to sell this house fast. Quickness and simplicity are extremely valuable when tensions are already high and feelings and emotions are very raw.
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 might be your best bet, but make sure you can agree on the time and effort you are both willing to put into this ordeal.
But if you can’t wait the 3-9 months it sometimes takes to sell a house in this market in Bakersfield… chat with us to see what we can offer you for your house. We can help you find a solution to a delicate situation such as divorce.
Set (and stick to) a Timeline
It’s important, when selling your Bakersfield house during a divorce 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. Even if everything between the two of you is on good terms, write things down to keep it that way. The last thing you want is confusion and miscommunication. Put everything in writing and make it as smooth as possible.
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 Buyers of Bakersfield. This doesn’t always mean that you have to give your home away for free, but it usually turns out to be the easiest, quickest, and simplest solution.
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 Bakersfield 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 Buyers of Bakersfield, and moving the process as quickly and according to an agreed upon schedule, all parties can walk away from the sale with a minimum amount of 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 (661) 384-7021 or
fill out the form on this website today! >>
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.