If you’re going through a divorce and you’re trying to sell a house, you might be wondering, “what if my house won’t sell during a divorce in Chicago?” That’s a good question to ask so be sure to read this blog post and we’ll share our best answer with you…
A divorce can be a challenging situation: it’s complicated, it’s expensive, it’s time-consuming, and emotions are running high. And in all that effort you also need to sell your house so that you can split the value of any equity in the house and put it all behind you. But what if your house doesn’t sell? If you’re going through a divorce and wondering, “what if my house won’t sell during a divorce in Chicago?” then here’s what to do…
What Are The Reasons Your House Doesn’t Sell?
There can be several reasons why you are unable to sell your house. The overall condition of the market is one of the main factors involved in selling property. However, even in markets where housing in hot there are still many cases where sellers have a difficult time selling their property. You’ll have to look at another reason as to why the house isn’t selling. Some of the other common reasons a house isn’t selling are a high asking price, bad location, bad floor plan, poor condition, and even too many days on market.
This Delay Adds To The Problem!
If the house is not selling as quickly as you’d like, this just adds to the problem and it ultimately ends up costing you more — in bills and taxes and mortgage payments, as well as in additional attorneys fees.
Not only do delays in selling the house cost you more financially but it can also create a significant amount of unnecessary stress. Having a house sit on the market with no buyers is roadblock towards your new life after the divorce.
Simply put, you might be hoping to get a high price for your house but your divorce can’t be finalized until you actually sell the house.
Fortunately there’s another option…
Strategy For Divorce Houses: Sell To A House-Buying Company
Here’s an effective strategy for people who are trying to sell their divorce house — instead of listing the house with an agent, sell the house directly to a real estate buying firm like us here at Blue Ladder Development. As real estate buyers, we may not always be able to pay the market price for a house… but many divorcing people realize that holding out for a higher price can actually be a costly strategy once you factor in the cost of repairing the property, the carrying costs while you wait months for an agent to find a buyer, and then the agent’s commission (sometimes thousands of dollars).
If you’re wondering, “what if my house won’t sell during a divorce in Chicago?” and if you want to sell your house fast, a real estate buying firm like ours is the fastest and simplest choice to get the property out from the middle of your divorce, give you money for it, and allow you to wrap up this portion of the divorce proceedings.