No matter the circumstance, divorces are tough. They not only drain you mentally and emotionally but can also burn quite a hole into your savings. Not to mention having to divide any assets you may have. If you’re going through a divorce, know that you’re not alone. We’re here to help you through the process by telling you what you need to know about selling a home during a divorce.
Divorce Law in Lake Nona, FL
Florida is one of the states that follows equitable distribution during divorce proceedings. This means that all marital property is to be divided fairly between the two former spouses. Equitable does not mean equal, however. So, the judge still gets to decide how to fairly divide the assets. For instance, if one spouse has sole custody of the children, a judge may decide to award the possession of the marital home to the said spouse.
What Counts as Marital Property in Lake Nona?
Marital property refers to any property that was purchased during the marriage. Any assets that were acquired prior to the marriage or after the separation are not counted as marital properties. Further, any assets that was given to one spouse, regardless of when, as a gift or via inheritance are also not considered to be marital properties.
How to Sell My House During a Divorce in Lake Nona
First, you both need to agree to selling the home. If you decide to sell without your former spouse’s knowledge, this could lead to legal trouble.
Sell to Your Spouse
Once you’ve agreed on selling the home, one option you can look into is selling the Lake Nonahome to your spouse. This is so they get full rights over the property. This is ideal if you have school-aged children and don’t want them to move schools.
Sell Through a Real Estate Agent
Another option you have is to sell through a licensed Lake Nona realtor. When you sell through an agent, make sure both of you agree on the agent you’re hiring. This will spare you from headaches and disagreements in the future.
Try seeking for an agent that’s had experience in dealing with divorce cases. This will make the selling process easier and smoother.
Once you’ve decided on an agent, talk about what you’re going to do with the sales proceedings. Will you be dividing it equally between the two of you or putting the entire amount towards your divorce expenses?
Sell to a Professional Home Buyer!
If you’re looking to sell your house fast in Lake Nona because you’re going through a divorce, you’ve come to the right place. Selling to a professional home buyer like Kindred Homes is one of the best decisions you can make for yourself and your home.
Kindred Homes is an experienced and respected company in Lake Nona, FL and we buy houses for cash in Lake Nona, FL. We are a real estate solutions company that specializes in solving your real estate problems for you. If you’re going through a divorce, don’t worry; we can help you move on quicker by giving you a fair cash offer in as little as 72 hours. We can close the sale in just 14 days, much quicker than you could have by selling through other means. This minimizes the interactions and dealings you’ll need to do with your former spouse and allows you to move on to the next chapter of your life as quickly as possible.
Need More Info?
Our goal at Kindred Homes is to improve the overall quality of housing for the residents at Lake Nona, FL. We buy houses in Lake Nona, FL in just about any condition and situation, including foreclosure, late mortgage payments, or when the owners are going through a divorce. This means that you don’t need to invest in repairs or renovations just to sell your Lake Nona property. When you choose to sell to us, you don’t have to wait weeks and months just to get good offers. We’re direct buyers and we pay in cash to arrange a quick close. To find out more about our cash home buying process, call us today: (407) 705-3779.