A divorce is almost always a challenging situation especially when there is a house in the mix that you need to sell. When going through divorce, there are complications, expenses, time consuming meetings and all with your emotions running high! And somewhere in all that effort you also need to sell your house so that you can split the value of any equity in the house and put it all behind you. But what if your house doesn’t sell? If you’re going through a divorce and wondering, “what if my house won’t sell during a divorce in Charleston?” then here’s what to do…
What Are The Reasons Your House Doesn’t Sell?
Unfortunately, there are many reasons your house might not sell. Some of the reasons are related to the normal market conditions (and they might be present even if you weren’t going through a divorce) and the condition of the property. But there might be additional reasons that your house doesn’t sell — for example, maybe you have a complicated divorce or there’s a lot of conflict between each party in the divorce and this makes it too difficult for the buyer to schedule showings or negotiate on the sale of the property.
This Delay Adds To The Problem!
If the house is not selling as quickly as you’d like, this just adds to the problem and it ultimately ends up costing you more — in bills and taxes, insurance, HOA fees and mortgage payments, your credit score if those payments aren’t being made, as well as in additional attorneys fees.
Simply put, you might be hoping to get a high price for your house but your divorce could actually be scaring people away and costing you money.
Fortunately there’s another option…
Strategy For Divorce Houses: Sell To A House-Buying Company
Here’s an effective strategy for people who are trying to sell their divorce house — instead of listing the house with an agent, sell the house directly to a real estate buying firm like us here at Charleston Home Buyers. As real estate buyers, we may not always be able to pay the market price for a house… but many divorcing people realize that holding out for a higher price can actually be a costly strategy once you factor in the cost of repairing the property, the carrying costs while you wait months for an agent to find a buyer who actually qualifys, and then the agent’s commission (sometimes thousands of dollars). Not to mention the extra stress and headaches of showings, negotiations and repairs that add to an already tense situation.
If you’re wondering, “what if my house won’t sell during a divorce in Charleston?” and if you want to sell your house fast in the “as is” condition, a real estate buying firm like ours is the fastest and simplest choice to get the property out from the middle of your divorce, give you money for it, and allow you to wrap up this portion of the divorce proceedings.