Selling A House After Divorce
Is Divorce Forcing You To Sell Your House Quickly in Liverpool?
How To Sell Your Home Quickly For A Divorce.
What happens to your home when you get a divorce or separate from your partner? Increasingly homeowners want to sell their homes quickly when they start divorce proceedings to move on quickly.
The simple truth is that selling your home fast when you are going through a divorce is often the best way forward. Financially, it can make sense to sell your home as quickly as you can.
When it comes to a home sale due to divorce or separation, it is not uncommon for both partners to downsize and move into smaller properties. As a matter of fact, this is a fast way to deal with debt and be free from your mortgage.
You tell us about your property
We agree a price
We buy your house
Do I Still Need To Pay The Mortgage?
If one partner decides to remain in the property, you still need to carry on paying the mortgage. Not only that, but you may also have to “buy the other person out” of the property. That could potentially saddle you with extra debt that you don’t need at this time.
When you are thinking about staying in the home, it is best to get an estate agent to value the property for you. You may need to take out an extra loan or top up an existing mortgage to pay your partner or spouse off.
This is why so many homeowners decide to sell their home quickly when they are going through a divorce.
It is always a good idea to make sure you contact your mortgage lender to let them know your personal circumstances have changed. Let them know who is going to be living in the home and paying the mortgage. A joint mortgage should legally be continued to be paid by both partners until the divorce is finalised.
Can My Partner Force You Out Of Your Home?
No, your former partner or spouse can’t force you out of the home. However, they can make life very difficult for you. Many people going through a divorce claim that they feel harassed during the divorce process.
To create a better atmosphere, it is often a better idea to consider selling the home fast. It will settle things down on an emotional level and create a good foundation for moving on with your life.
What Happens To The Equity In The Home?
The equity in a home is the difference between the value of the home and the mortgage. Having a large amount of equity makes the decision to sell your home quickly easier.
It means that both of you have more money to spend on a new home. But, it does not necessarily mean the equity in the home is split 50/50. When you have children under the age of 18, their welfare is always taken into consideration.
How To Save Money When Going Through A Divorce
It is not easy to save money when you are going through a divorce. Legal expenses can quickly escalate and outstrip your income.
You should aim to sit down and agree as many financial details with your partner as soon as possible. If you can “hammer out” a private agreement with a solicitor it will, in the long run, save you a lot of money.
Often a quick house sale is part of that agreement. Your solicitor will often recommend you sell your home as fast as you can.
What About Other Joint Debts?
When you have other joints debts such as car loans, credit cards, or overdrafts in common, you need to take them into consideration.
It is a good idea to make sure that you use part of the equity in your home to pay off any joint debt. If you can’t agree on that, you really need to make sure that both of you carry on paying off any debt you are jointly responsible for.
Selling your home quickly can be a liberating experience when you are going through a divorce or partner separation.
When you need advice on how to sell your home quickly during a divorce, please feel free to contact Sell House Fast Liverpool.
Our experienced team will take you through all of the pros of selling your home quickly. You can contact us by email, or contact us by phone to discuss in person.
As a service, we specialise in selling your home fast, and if you would like to know more about how we can help you right now, just pick up the phone and give us a call.
Frequently Asked Questions
A list of our frequently asked questions.
Sell House fast Liverpool specialise in buying houses quickly from you the seller directly, we don’t put your house on the open market where it can sit for months.
And there are no chains involved.
With a high street agent your house my remain unsold, or not receive the amount of viewings or offers needed to sell your house quickly in the timescale you need.
We have the local knowledge and experience of the Merseyside area, to make you an offer and complete your property sale quickly, with the minimum of fuss.
After you have contacted Sell House Fast Liverpool, we will need to take a few details about your property, this can be done by telephone initially to get the process moving.
We will then carry out some online research to look at the price of your property in comparison to others in your local area.
Once this is complete we can then make you an initial offer over the phone, if you are happy to proceed then one of our team will come out and pay you a visit and take further details of your property.
Once all the details have been gathered we can then make you a final offer for your property.
If you are happy to accept your offer we can then begin the sales process.
There will be no hard selling or pressure from us to sell your property at any time.
Sell House Fast have been helping people in the Liverpool area sell their houses quickly for over 15 years.
This gives us the experience and local knowledge, and enables us to move quickly in the sales process.
Meaning we are able to complete a purchase in as little as seven days if needed.
We have a professional team in place to look after you every step of the way, and we remain in constant contact through every step of the process.
You can contact us at any time for an update.
We treat all our clients with the strictest of confidence, we will never discuss your situation, or share your data with any outside parties.
Why not give us a call today if you need any advice on the best way to sell your property quickly across Merseyside.
After you have agreed to sell your property to Sell House Fast Liverpool, we will then take care of the rest for you.
We will instruct our legal team to carry out the transfer of the property, and you will be kept fully informed every step of the way.
Once the sale is ready for completion we will exchange contracts and the sale will be guaranteed.
You will then receive your cash payment directly into your bank account.
You are not committed to sell your property to Sell House Fast Liverpool by any legally binding contract, meaning you can withdraw from the sale at any point.
There are no hidden charges, so you will not incur any fees should you decide to change your mind for any reason.
We have your best interests at heart and want to see you achieve the best outcome for you.
Sell House Fast Liverpool do not hard sell, and there will be no pressure from us to complete the sale should you change your mind.
Sell House Fast Liverpool never share any of our clients data with third parties.
We understand that going through a divorce and having to sell your home is not a nice experience to go through, and as such we will treat your case with the utmost discretion.
All our clients are dealt with in the strictest of confidence, we value your privacy and will never share or discuss your details with anyone but you.