“How can I sell my Lake Nona house in divorce?” It’s a source of stress, uncertainty, and financial stress. Luckily, these questions have answers, and the process isn’t as hard as you think.
Best Time to Sell a House During Divorce
Selling the house during divorce is complicated because of Florida divorce law that goes into effect as soon as the divorce petition is filed. In the case of a family residence, a Standard Family Law Restraining Order generally bans a sale without a written agreement or court order.
You don’t have to wait until the end of divorce to sell the house. If you want to sell it during the trial, there needs to be a good reason. There are two common reasons of selling the house during divorce:
1. The threat of foreclosure
Whether one spouse lives in the house or both do, failing to pay the mortgage can lead to foreclosure. Failure to make the property tax payment can have the same effect. When the house is at risk of foreclosure, especially when there is equity in the house and a foreclosure could mean losing that equity, the spouse can ask the court to order the house sold immediately.
2. Payment for attorney’s fees and costs
Divorces often have contentious issues, like child custody, support, or property division. For example, it can be expensive if the spouses have serious child custody disputes based on serious allegations of abuse. In cases where neither spouse can pay for those fees but litigation over custody is inevitable, an attorney fee request may be filed, and the court may liquidate an asset to pay for those fees.
How to Sell the House During Divorce
Selling the house during divorce is the same as selling a house on a normal day. If you’re going the traditional route, you have to hire a real estate agent to help you. They will negotiate, take care of documentation, and advise on how to sell your home faster while you worry about the divorce proceedings.
Just remember that you might not sell your house as soon as possible when hiring a real estate agent. This is because you might need to stage the home, which involves repairs and maintenance. You’ll also depend on the buyers’ schedule as they wait for their lender’s approval for the mortgage. If the lender denies the application, you might need to wait for another buyer. Sometimes, the wait could take months.
On the other hand, there’s also the option of selling the house to cash home buyers. Usually, you’ll find them online with the headline “We buy houses in Florida”.
Their homebuying process is simple. First, get in touch with them and provide information about your house. Sometimes they need to visit the property, but otherwise, they’ll provide a cash offer on the spot. You can choose to accept or negotiate the offer. Once you accept the offer, they’ll close in a matter of days, and the cash will be in your hands on your chosen schedule.
The best part about selling to cash home buyers is that you don’t need to pay commission fees or other closing costs. Also, you don’t need to prepare the home for staging, so you can sell the house even if your house needs repairs.
Sell Your House with Ease
If you want to sell your house fast, you’ve come to the right place. We at Kindred Homes have been buying houses for cash in Lake Nona, FL for years, giving us a solid reputation among homeowners in the area.
We have a simple process. Get in touch with one of our home buying specialists to share some info about the property. We then do some quick research and make you a fair cash offer on the spot. If it looks good, you pick your moving date and get paid.
We pay cash for houses and can close as-is in a matter of days. There’s no more waiting months for a real estate agent to get you a buyer, no more hold-ups that just eat away at your profits.
Get your cash offer now by calling us at (407) 705-3779.
