While going through divorce in Lake Nona, real estate might be one of your primary concerns. Not just because you might be concerned about where to live next, but selling your current property while going through the divorce process might be something you need to get done over the next few days or months to come.
Luckily for you, real estate in Lake Nona, Florida is a market that is constantly in motion, and clients don’t mind buying property from a divorcing couple if they find that this is a great property for them.
Here are some tips to remember while selling your Lake Nona property while going through the divorce process:
Sell As Quickly As Possible
Because the real estate market is so competitive in Lake Nona, FL, you might think that you have all the time in the world to make a crucial sale. This is definitely not the case, and the faster you can sell, the better!
First of all, agreeing to sell the property quickly and splitting the costs amicably with your spouse can help the both of you stay on the right track to moving on. Divorce is a complicated process with a lot of legal legwork to go through, so getting through selling your property together will help alleviate some of the stress.
Plus, your property might appreciate over time if it takes a while to sell. For example, if you both move out in April but the house ends up selling in December going for $10,000 more than what you initially paid for when you bought it, you can split $1,500 in capital gains tax.
Find Out How You Want To Sell The Home
A lot of different arrangements can come up between a divorcing couple, especially if you two have separate plans after the divorce is finalized. Here are some ways you can sort out how to go about selling your home in Lake Nona, Florida:
- The house is sold immediately on the real estate market, and equity is split legally between the divorcing couple.
- When the couple’s youngest child turns eighteen, the house can then be sold. In the meantime, at least one person in the divorcing marriage can live in and look after the property.
- One of the spouses can buy out the other spouse and legally do whatever they want with the home, including profiting from the entire sale.
- Both of you might want to keep the property for rent to make extra income, and selling it may happen in the future.
To find out which option is best for the both of you, make sure the both of you converse with each other and with your lawyers to find out what option you can take. It’s entirely possible that both of you might disagree at first, but a mutual decision could do wonders in keeping you both financially liquid.
Prepare To Show The House
Showing the house is a significant part of putting it up for a listing. Put yourself in the client’s shoes: what kind of photos would you want to see of your new potential home? Are you looking for high ceilings? Comfortable furniture? A spacious lawn? Or perhaps you’re a foodie, and a swanky kitchen is just right for you?
Answer all these questions with your spouse and prepare to show the house on listing sites like Zillow and Realtor. This might involve some repair and cleaning costs, especially if you want to showcase the house as if it’s brand new. These will attract excited clients and will help you close a deal faster than you expect.
Need More Info?
“Given all my choices, how can I sell my house fast in Lake Nona, FL?”
At Kindred Homes, we are more than ready to assist you immediately! We buy houses in Lake Nona, FL in absolutely any condition. You won’t have to worry about commissions, repairs, extra fees, realtors, or even cleaning fees in order to sell to us immediately. Don’t worry about getting pre-qualified by banks or having listings up on Zillow or Realtor, too.
We use our own cash money to close deals so that we can close much faster, today!
