This article will delve into the necessary steps and precautions to take if you’re considering selling your home during a divorce in Twin Cities MN. With divorce rates surpassing 50% in the US, it’s not uncommon for residents of Twin Cities MN to seek guidance on this topic.
Undoubtedly, a home is one of the most valuable assets that a couple may own jointly, and liquidating it becomes necessary in order to divide the proceeds. Although divorces can be emotionally taxing, it’s crucial to approach the situation with a level head. This is especially important in a real estate market that has yet to fully recover from the aftermath of the housing bubble burst. There are various factors to take into account when facing such a scenario.
Determine if (and when) You Will Be Selling Your Home During Your Divorce in Minnesota
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 take on the task of selling you 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 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 Minnesota house fast… reputable local real estate investment firms like Matt Buys Houses MN 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.
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 Minnesota… chat with us to see what we can offer you for your house during your divorce.
Set (and stick to) a Timeline
When navigating the sale of your Minnesota home during a divorce, adhering to a timeline is crucial to ensure a seamless process.
To begin, it’s recommended that you list your property for sale well in advance of your desired closing date. Establishing clear closing and moving dates, as well as designating which spouse will handle the sale or communicate with the real estate agent, is also essential. Putting these agreements in writing and negotiating penalties for any breaches further adds to the clarity and accountability of the arrangement.
By following a structured timeline, you can minimize any unexpected surprises and facilitate a successful, stress-free home sale.
Selling Your House Fast For A Fair All-Cash Price
In recent years, divorcing couples have increasingly turned to the option of selling their marital home to real estate investors for a quick and hassle-free transaction. Reputable local investors like Sota Home Buyers offer a stress-free process that can be completed in as little as seven days.
Divorce is already a stressful and emotional process, and deciding how to sell a shared property can add further tension. However, there are ways to make the process smoother and less overwhelming. One option is to protect both parties by working with a qualified real estate agent or jointly agreeing to sell to an investment firm like Sota Home Buyers. By doing so, the transaction can be completed quickly and according to an agreed-upon schedule, allowing all parties to move on without added stress.
If you’re going through a divorce and want to explore the option of selling your home to an investor like us, we’re here to help. Our team can discuss your situation with you and work to save you time, reduce your stress, and get you out of this difficult situation as quickly as possible.
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 Minnesota 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 Matt Buys Houses MN, and moving the process as 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 612-293-3532 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.