Selling Your Houston Home In a Divorce

For many couples going through a divorce, it often makes a ton of sense to sell the house. If your divorce is amicable, there are many different reasons to sell your home for a fast cash offer. Let’s break down some of the benefits when you sell your house before finalizing your divorce.

The Average Cost of a Divorce in the United States is $15,000

If you are going through a divorce, you will likely pay as much as $15,000 in various fees. Those who divorce amicably, yet have other financial obligations in their marriage may end up paying less. Selling your home with a fast cash offer can help you settle the divorce costs and move on in life.

After a Divorce, You May Want To Downsize

Many people who go through a divorce will often downsize in their next living situation. That four bedroom home that you lived in, you might only need a three-bedroom townhouse if you only have your kids part time. Selling your home quickly can help you make a downpayment on a new place and you might find something that is a little bit more inline with your budget.

Liability Reasons

Sometimes, due to liability reasons, selling a home quickly in a divorce just makes sense. One spouse may have enough income to take over the mortgage and the payments. However, they might not qualify for a new mortgage on a home that was likely purchased with two incomes. The spouse who wants to buy the house might have enough cash on hand to buy out the other, but a lender might not find that they have the income to keep up with payments.

A Fast Cash Offer Can Get You Access to Money You Need Now

If you live in the Houston area, a fast cash offer on your house may make sense. You can get a fast cash offer in as little as 24 hours, sell your home in as little as seven days, and move onto the next phase of your life. A fast cash offer can help you with:

• Settling debt that remains outstanding in your marriage.
• Putting aside equity to find a new home closer to your job or where you want to live quickly.
• Getting out of your home without having to worry about paperwork and repairs.
• Not worrying about who will get the house or who will get stuck with a high mortgage payment.

If you want to move on with your life by getting out of your home quickly, Houston Capital Home Buyers can help you sell your home quickly and fairly, especially if you want to settle the house issue with your spouse amicably.