It happens, and it’s usually unpleasant, to say the least. If you’re going through a divorce, you certainly don’t want to add to the pains and inconvenience, especially when it comes to splitting up your assets. Finding someone who is in the market to buy a house in College Station – in this case, your house – may be one of your goals at this time.
If you want to sell your house fast during a divorce, you have several options. It would be great if you can sell your house fast and for cash. This would allow you to speed up the whole unpleasant process, and have some money to settle your debts and pay your attorney. Before you make any decisions, first consider your main options.
How to Sell Your House Quickly in a Divorce in College Station
Go Through a Real Estate Agent
You can choose to sell your house through the traditional way of using a real estate agent. This will relieve you of the stress of having to show your house to potential buyers, and having to draw up contracts, among other things, because the agent will take care of all this for you. This is a practical option, but there are some major drawbacks to it.
First, you will need to get an appraisal and that will cost you. Your house will likely be shown to different buyers at multiple times. If you eventually get a buyer, you may need to wait for him or her to get financing. Even after accepting a buyer’s offer, you may still have to wait for close to 30 to 60 days, which is generally how long the closing date can be. The average time for this whole process is generally a minimum of three months.
Do a Short Sale
Short sale is another option you can use, and it basically means that you are selling your house for less than the mortgage. A short sale involves an agreement with your bank or mortgage company that will allow the sale of the house for less than is owed on it. Using this option can sometimes be faster than using an agent, but it has its own drawbacks too.
One of the drawbacks is that it can negatively affect your credit. Doing a short sale is the best you can do credit-wise, as it will be on your credit report as a “Not Paid as Agreed” notion. Short sale is a lot better than foreclosure, because foreclosure can damage your credit for seven years. Still, if you can arrange a short-sale agreement, you’ll soon be free and clear of the property.
Try a Company Buying a House for Cash in College Station
Another option you can use, and probably the best option of all, is to sell your house quickly and try to find a home buyer in College Station willing to pay cash. By doing this, you can speed the whole divorce process and get a good price for your house and avoid headaches.
You can sell within a week to a home buying company, and at a fair cash offer. You don’t have to wait for the buyer to get a loan, because the professional home buyer pays cash. Also, you won’t have to pay for any repairs to your house before you can sell it. The company will make and pay for all needed repairs. In addition, the reputable companies pay all closing costs.
If you need to sell your house quickly in a divorce in College Station, you just might consider a cash home buyer in College Station. It’s easy, it’s fast. You’ll get a fair cash offer.
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