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When to Sell My House
It’s not the most straightforward question to answer. While most people do love their home, there are moments when selling the house could be the best option. However, knowing the time when you need to put it on sale could be another complex task to solve.
There’s a hurting fact; we can’t live with somebody forever. So whether it’s a long-life partner or family you keep around all time, there’s a situation when you have to be separated from them. But, of course, life does change, and time will move on. But even when things got more complicated, this question still remains.
“Is it the right time to sell my house?”
To help you find the answer, we’ll walk you through the different moments, the suitable times to sell your house.
Sell House Before Buying
As we mentioned before, selling a house before buying a new one in the same period is doable. It rarely happens, but definitely possible. It’s not a common concept that most people would take, but it could be an option that can give you various advantages. Selling first could provide you with a decent level of equity to buy a new property. The time period doesn’t have to be the same nor particularly short. Give it some time, and benefit from famous listing sites to get it sold quicker. However, while selling your house, you still need a temporary settlement for a while.
Short Sell House Process
If things seem to go South, you can always have the short-sell option. A short sale is a condition when you’re selling your house at a lower price. This basically means that you end up ‘short’ on paying your obligations in the form of mortgages.
The process, however, starts off like any other sales. First, you contact a property agent, list your property, and wait for the offer. These three steps will take you to a list of the bargain, especially the lower ones. Of course, this is not a preferable option, but it’s the only way to sell your property in certain conditions.
Sell House Before Divorce
Once the decision is made, both of you should sell the house as quickly as possible. By getting it on sale earlier, you may attract more potential buyers in a suitable amount of time. No need to rush anything. You both may pick the most interesting offer of them all and split the profit together.
Sell House or Divorce First?
Now, this is an interesting question, but let us help you to enlighten the way. Getting a divorce shouldn’t be a sudden decision. After you and your partner solidly agree with this condition, we recommend selling the house as quickly as possible. Talk about this matter together, and make sure that you both agree to sell the property. Try to create a consensus before deciding to avoid creating a boomerang that may hurt you both in the future.
You and your spouse can both together be working on selling the property, creating a significant pause for the whole divorce situation.