More than 600,000 couples get a divorce each year. Many couples sell assets before finalizing a divorce, including their homes. This enables them to receive cash quickly and avoid the uncertainty that arises from a divorce decree. However, couples have to act swiftly, as they may otherwise not have enough time to sell the home. Here’s what you should keep in mind if you want to sell your house fast before a divorce:
Divorce and Your Home: What You Should Know
If you’re on the verge of an unfortunate divorce, selling your home beforehand is a smart idea. Selling your house makes it easier to share capital gains and any taxes associated with the sale. Nevertheless, both spouses must cooperate when it comes time to sell the shared home. We understand that dealing with a divorce is a challenging life event. It’s a time when you feel a rollercoaster of emotions, and the last thing you want to deal with is complicated matters, such as selling your home. Fortunately, there are some ways to sell your home fast before a divorce. Let’s look at the best ways to sell your house and how to receive cash home offers in Alabama.
Sell Your Home with a Realtor
Using a realtor is one option if you would like to sell your home fast before a divorce. A realtor will help you put your home on the MLS, determine a competitive listing price, and stage the home before hosting open houses. However, this assistance comes at a cost: 6% of your home’s sale price. Therefore, if your home sells for $400,000, you will have to pay $24,000 in realtor commission. You may also have to make common repairs before putting the house on the market. While a realtor can help your home in front of prospective buyers, they can’t guarantee a sale. If you’re going to divorce soon, using a realtor isn’t the way.
Sell Your Home For Sale by Owner
Selling your home for sale by the owner is an alternative to using a realtor. The process is similar; however, all the work falls into your hands. You have to list the home on the MLS, take photos, and give showings to buyers. On the positive side, you save money on the realtor’s commission. When you sell a home for sale by the owner, you typically only pay a commission to the buyer’s agent, which is around 3%. You can sell your home in Alabama on your own, but it’s not the best option. The right way to sell your home in Alabama is to receive an offer from a cash buyer.
Receive an Offer from a Cash Buyer
Receiving an offer from a cash buyer, such as RHED Key Properties, is undoubtedly the best way to sell your home in Alabama. We have made dozens of offers in Alabama, and we’ll give you a fair offer as soon as 24 hours. Our team at RHED Key Properties has decades of experience in the real estate industry, and our objective is to make the process as smooth as possible. Receiving a cash offer from RHED Key can remove the weight on your shoulders when you’re going through a divorce.
Get an Offer from RHED Key Properties Today
We buy houses in Alabama and are ready to make an offer for your home! If you want to sell your house in Alabama, you’ve come to the right place. Please get in touch with us today to get a cash offer in as quickly as 24 hours.
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