What happens to the house in a divorce? In order to get a fast divorce, follow these divorce tips. We’ve included divorce tips to help you in this difficult time below and we hope that these will make it easier for you to navigate this confusing process.There are three requirements when trying to complete a do it yourself divorce all couples filing for divorce in Georgia will have to send these documents to the Superior Court and copies will be sent to your spouse. What we’re talking about is what’s the best strategy if you’re going through a divorce splitting assets.
What you decide to do with your house during the divorce process in Georgia could go multiple ways. You could:
- Sell the home during the divorce to a real estate agent
- Rent out the property for some quick and easy cash flow
- Pay off your spouse if you’d like to continue living in the property
- Sell your house for cash to a real estate investor
Some questions that you will have to ask yourself (and your spouse) are:
- What happens to the house during a divorce?
- How long are we okay with the house being on the market?
- Who picks the Realtor?
- How will we negotiate and pick the final offer?
- How will the income be split fairly from the sale?
- Who will pick the contractors to fix the house if there are repairs that are needed?
- Who will pay for the contractors to fix the house?
- How will we manage the contractors during fixing up the house?
- Who is responsible for cleaning the house regularly for showings?
- Who is going to pack belongings into boxes and organize it?
- Who is going to continue to pay for mortgage, utilities, maintenance, etc.?
- Can either one of you afford to own the property alone?
Selling your house during divorce with a real estate agent has its pros and cons. You’ll have to comb through numerous agents to find the right one for your situation.
Some criteria for finding the best real estate agent for a divorce are:
- Does the Real Estate agent have experience with divorces?
- How do their listings compare to their actual sales prices?
- Do they know how to deal with conflicting people?
- Are they a good listener?
- Do you feel heard?
- Do they just talk over you?
- How well do they know your area?
- How big is their network?
- What good are they at negotiating?
- Does the Real Estate Agent have references?
A lot of real estate agents avoid these types of sales due to the complications. Renting your house in divorce may also be a great alternative if the market is not doing so great. Choosing to stay in the property and paying off your spouse for the house can drastically change the cost of divorce for you as well. Selling your house for cash to a company like ours would allow you to potentially split the cash evenly, so everybody walks away with something. No matter what you do, make sure that you consider the best options for you and you should research whoever you want to work with as well. If you’d like more info on this, contact us today at Arbor View Properties!