Sell Your House Fast During Divorce
Divorce can be an emotionally draining and stressful experience. You have lots of hard choices to make in a relatively short period. One of the most difficult issues facing you is what to do with the house. If you and your ex have decided to move out, you may need to sell the house fast so that you can both move on.
However, your house can stay on the market for several months, making your situation both awkward and frustrating. The solution is to sell your house as-is for cash. M1 Home Buyers offers a smarter alternative to a traditional sale by buying your house as-is right now. We can assess your property, make an offer, and close the sale in as little as seven to 21 days. Selling your house during a divorce has never been easier.
To learn more about how to sell your house fast in Metro Detroit, Michigan, contact M1 Home Buyers. Call 248-397-5800 to get a fast cash offer.
Sell Your House for Cash in Three Easy Steps
Before you contact the realtor, you may want to explore a more practical option for selling your house fast. Instead of jumping through several hoops just to find a qualified person to buy your house, you can work directly with our team and skip the realtor. Our house-buying process is simple.
Step 1: Contact Us
When you are ready to sell your house, the first step is to call us and schedule a walkthrough of the house. It’s fast and easy, and there is no obligation to sell your house. Feel free to ask questions. We are here to help!
Step 2: We Make a Fast Cash Offer
We will assess your property and decide if we want to make an offer. If we like what we see, we will make a fair cash offer at just under the market value of your home. In most cases, we can make an offer within 24 to 48 hours.
Step 3: Close the Sale and Get Cash
If you accept our offer, the next step is to schedule a convenient closing date. Simply show up, sign the paperwork, and walk away with no strings attached. We pay most or all of the closing costs, which save you money.
Should I Sell My House Before or After Filing for Divorce?
When selling your house during a divorce, there are several factors you need to consider. For instance, how will the sale affect your kids, what are the legal and tax implications, and how do you feel about staying in your house indefinitely after the divorce is completed?
Selling Your House Before Filing Divorce
There are several reasons why you may want to sell your house for cash before filing your divorce. First, it keeps you from staying in the house longer than necessary. After the divorce, staying in the house can put an emotional burden on you that you may not want to deal with. Second, selling the house before the divorce may create a cash source that you need for divorce-related expenses.
Another reason to sell the house before going ahead with the divorce is that you may get a tax break. When you sell your house, the government imposes a capital gains tax. However, if you are married, you get a tax break of up to $500,000 that can be applied to the house’s sale price. If you wait until you are divorced, you may not get the tax break. As a result, you may pay more in capital gains taxes.
Selling Your House After Filing Divorce
There are some advantages to selling your house after you file the divorce. First, staying in the house can provide your children stability during the divorce. Too many changes can be difficult for most children to handle emotionally. Second, selling the house after the divorce can make the divorce process much easier if you and your ex have already worked out an arrangement.
Why Sell Your House As-Is During Divorce
The most common way to sell a house today is to contact a realtor, list the house on an MLS site, and go through the market. However, you may need a better solution due to your situation. M1 Home Buyers offers an alternative to a traditional sale that allows you to sell your house fast directly to us without using a realtor. There are several benefits to this type of sale.
|Realtor||For Sale by Owner||M1 Home Buyers|
|Commissions Fees||6 percent||Zero||Zero|
|Closing Costs||Pay up to 100%||Pay up to 100%||We Pay 100%|
|Average Selling Time||60 to 90 days||6 to 12 months||7 to 21 days|
No Repairs or Upgrades Necessary
Home improvement projects can cost you thousands of dollars, which can shrink your profits after selling the house. If you’re in a tight situation financially, you may not have the capital you need to make any repairs or upgrades. M1 Home Buyers can buy your home as-is regardless of the current condition of the property.
Avoid the Real Estate Market
If you decide to list your house on the market, you will be competing with hundreds of home sellers in the Metro Detroit area. If you are in a situation where you need to sell your house fast, you may not find a buyer in time. M1 Home Buyers can help you avoid the market altogether. You can sell your house directly to us outside of the market.
Sell Your House When You Want
On average, it takes 60 to 90 days to sell a house on the market. It can take 30 to 45 days to close the sale. If you need to sell your house fast, you may not have that long. M1 Home Buyers can make an offer within 24 to 48 hours of a walkthrough. We can close the sale within seven to 21 days. It speeds up the process and gets you out of your house quicker.
We Know the Michigan Market
You may prefer to work with a local professional who knows the market, understands the challenges of selling a house, and can empathize with your situation. M1 Home Buyers is located here in Detroit. As local buyers, you can trust us to make a fair cash offer and handle every real estate transaction with honesty and integrity.
Get a Fast Cash Offer from M1 Home Buyers
If you are ready to sell your house fast in Metro Detroit, Michigan, now is the time to contact M1 Home Buyers. Schedule a walkthrough, and let us assess your house and make an offer. Call 248-397-5800 to get a fast cash offer. We buy houses in Detroit!