What Happens To Your Sacramento Property After A Divorce?
Divorces can be difficult to navigate, but it’s important to understand that you have options and resources to help you navigate through the process. If you are going through a divorce right now, you may be wondering what happens to your Sacramento property after the divorce. As homebuyers for over 20 years, we have helped many going through divorces understand their options. Below you’ll find some information on where to start.
Who Keeps The Property?
This is something you both will have to decide. One of you, or neither of you, will have ownership of the property. Most divorces will require the sale of the property because both parties want to keep it. Usually, the couple decides to list the property and split the proceeds. Sometimes, however, the sale process drags on and on, especially if the property does not receive very many offers from being listed with an agent. If waiting to sell through a traditional realtor is not an option for you, we can help you sell your home for a fair price without the added time and headaches.
Why Sell Direct?
Professional home buyers, such as Laurel Buys Houses, in Sacramento, Elk Grove, Folsom, and other surrounding areas typically close faster than traditional home buyers. Traditional home purchases usually require qualifications from banks, mortgage underwriting time, property inspection time and the buyer may not end up qualifying in the end. When you sell property through traditional real estate agents, the usual commission is 3% per side, so if you sell your home for $300,000, you would have to pay $18,000 in commissions alone! If you sell to Laurel Buys Houses, we take care of everything and you don’t have to pay a single fee. We offer a direct cash payment and can work on your timeline.
Purchasing Homes As-Is
As professional and local homebuyers, we will usually purchase your home as-is. As a seller, this means you do not have to worry about repairs before closing or any other additional expenses you were not planning on. We’ve worked with homes in all types of situations and there’s nothing we haven’t seen. We will buy your home in any condition and will take care of all the work. You’ll receive a fast cash payment to split amongst yourselves and can move on without added hassle or delays.
Lower Risk Transactions
If you are going through a divorce, the last thing you want is added complications. At Laurel Buys Houses, we value being honest and straightforward. We will keep you updated every step of the way and there is never any obligation! There’s also a lower legal risk for your selling transaction. This is because you won’t have to worry about the buyer finding something you didn’t know or disclose about the house, or something they don’t like about the home or neighborhood. Under most traditional real estate contracts, there is a potential for the buyer to sue you if they feel they didn’t get all of the information, or if they feel the facts were misconstrued. As homebuyers that purchase homes AS-Is, we will already know the state of your home and are willing to take on any risks.
Showings can be a difficult thing to work around, especially if you already have a list of commitments and to-do’s. We can eliminate the added task of showing your home, as we only need to see it once before you get a cash offer! No middle-of-dinner phone calls asking if you’re available to show; no need to make it spotless every time you leave for work; no running into buyers or agents in the middle of the day. We make it short, sweet, and stress-free. As a licensed contractor, Laurel has all the knowledge and skill to assess your home and give you an offer without multiple showings.
Move Out Time
We work on your timeline. We don’t expect you to move out on the closing day, and we will work with you to find a move-out time that fits your needs. In addition, you don’t have to spend added time cleaning or repairing your home before you leave. We can buy your house in any condition — even with unwanted items left behind! You can simply pack what you want and leave the rest. We’ve got it from there.