Selling a House After Divorce
What happens with the house during a divorce?
If, however, you and your ex-partner are not communicating well anymore following separation, then the decision of what to do with the property can be a long drawn out, stressful, legal and financial experience for everyone involved. If this is the case, it is often then left to legal professionals to negotiate on their respective client’s behalf to come to a decision on what route will be taken with all assets including the property.
Can my ex sell our house?
However, it is often viewed as the best outcome to both parties once divorce proceedings have begun or have been finalised, that a sale of the property is the most beneficial outcome to both parties financially.
Divorce house sale
What happens to a joint mortgage when you get divorced?
Regardless of whether only one person remains in the property after separation, or neither person remains in the property, the mortgage still needs to be paid as anyone who is named on the mortgage as a borrower is liable for the debt. Failure to keep up with the mortgage payments can result in a damaged credit rating for all involved and even repossession if the situation is not addressed for long enough.
Communication is key and you should inform your mortgage lender in the event of you and your ex-partner deciding to divorce. Most lenders will advise on different steps you can take during this time to help financially with the situation.
Selling a house after divorce
You should first consider how much the property is worth. You should then consider which method of sale will work best for everyone involved. All parties should also consider their onward living arrangements for once the property has been sold.
If it is decided that you would both prefer a fast house sale, as opposed to the prolonged sale completion times of anywhere from six months upwards on the open market, then contact us today for your free, no obligation cash offer on your property. We will even cover the legal fees associated with the sale.
We also GUARANTEE to make you the highest cash offer for your property within our industry.
So, if you are looking for a fast and simple divorce house sale alternative to selling through an estate agent, give us
a call today on 0333 016 9819 to receive your FREE cash offer, or fill out our simple online form and one of our team will contact you within 24 hours.
Receive your FREE cash offer today…
I genuinely never imagined it could be this simple to sell a property. The team handled everything and kept me informed every step of the way. Funds were with me on completion day as promised. Will use their service again for sure.”
We had wasted months on the open market with multiple estate agents, until we contacted J Bear Properties. The sale was agreed that same week, and we set the completion date that worked for us. Wish we had found them sooner!”
The highest cash offer my wife and I received by a longshot. Kept us informed throughout the sale and covered our legal fees too. Could not recommend these guys highly enough.”