If you’re wondering about the process of selling your home during a divorce in New Orleans, LA, we’ll be going through each step and things to look out for in this article.
Over 50% of American marriages are ending in divorce, so many New Orleans LA residents are seeking out advice for selling a home during a divorce.
A house is perhaps the most profitable joint asset and must be liquidated before dividing. Although divorce is stressful and emotionally charged, it’s imperative to stay rational. Several aspects go into consideration when going through divorce in a market that has not yet rebounded from the housing bubble burst.
Determine if (and when) You Will Be Selling Your Home During Your Divorce in New Orleans
Often, one spouse will keep the home and buy out the departing spouse’s share.
Many times, agreements will be made where one spouse has the house for a certain amount of time (usually when children are involved), and then sold at a certain date (usually after the children become a certain age).
Get Professional Help – Agents and Home Buyers / Investors
Even when everything is going right, selling is still a tough process.
You have a lot to consider during a divorce, and you shouldn’t take it on by yourself. You and your spouse may come across differences concerning the price or other aspects. When you involve a real estate professional, whether it be a reliable agent or real estate investment firm, you’ll both have a neutral third party who will help determine a reasonable selling price and handle the marketing of the property.
If you need to sell your New Orleans house fast, reputable local real estate investment firms like Louisiana Direct Home Buyers may be a great option. Firms like ours actually BUY HOUSES with cash rather than listing them, and we can close fast if you need to sell quickly.
If you have the time required to list with an agent and sell on the open market, working with a real estate agent will be your best choice.
If you can’t wait 3 to 9+ months to sell in this New Orleans market, chat with us to see what we can offer for your house during your divorce.
Set (and stick to) a Timeline
When selling your New Orleans house during a divorce, it’s important to keep a timeline.
Put your property up for sale ahead of time, set firm closing and moving dates and times, and decide which spouse will handle the sale or talk to the real estate agent. Ensure that each of these agreements are in writing, and negotiate penalties for breaching the agreements.
Doing so will help the entire process go smoothly.
Selling Your House Fast For A Fair All-Cash Price
In recent years, many divorcing couples have been turning to real estate investors like Louisiana Direct Home Buyers for quick sales.
Reliable local real estate investors like us buy properties fast and hassle-free in as little as seven days.
Deciding how to sell a marital home in New Orleans doesn’t have to be as stressful as the divorce itself.
By protecting each party with a qualified real estate agent or simply jointly deciding to sell and selling fast to a real estate investment firm like Louisiana Direct Home Buyers, and moving the process as quickly and according to an agreed upon schedule, all parties can walk away from the sale without stress.
If you want to discuss your current situation and find out if we can help you save time, reduce stress, and get out of this situation fast…
Give us a call anytime at (504) 224-9066 or
fill out the form on this website today! >>
We’ll evaluate your house, make you a fair all-cash offer, and you can decide if selling your house to us is the best fit for you. We’re here for you, so reach out and lets chat.