How to sell house during divorce?

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How to sell house during divorce?

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As a couple goes through the process of a divorce, deciding what to do with the marital home can be tricky. Sometimes one person may wish to keep the house by buying the other spouse out, or they may decide to keep the home and sell it after the divorce is finalized. Other couples, however, choose to sell their home during the divorce – PowerPoint PPT presentation

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Title: How to sell house during divorce?


1
How To Sell Your House During Divorce?
  • Danny Buys Houses is a Local House Buying Company
    in Oklahoma City OKC. We purchase your house in
    any condition for cash without any hassle as
    quickly as possible.
  • No Fees. No Commissions. Put More Cash In Your
    Pocket.
  • www.dannybuyshousesokc.com

2
  • As a couple goes through the process of a
    divorce, deciding what to do with the marital
    home can be tricky. Sometimes one person may wish
    to keep the house by buying the other spouse out,
    or they may decide to keep the home and sell it
    after the divorce is finalized. Other couples,
    however, choose to sell their home during the
    divorce.

3
Should You Sell Home Before or After Divorce?
  • Before you divorce is likely the best scenario
    for selling your home during a divorce. It's
    important to meet with a local Agent, an
    attorney, and let them know every detail of your
    situation so they can play out the results with
    you. You want to walk away from the sale of your
    home with as much money as possible. Selling a
    home before a divorce makes sense because there
    are some tax breaks being a legally married
    couple gives you.

4
Pick An Agent
  • While in general, its fine to sell a house
    without an agent, its not recommended when
    youre in the middle of a divorcethe added
    stress is really not necessary. Try not to spend
    a lot of time arguing about who your agent will
    be. If you were satisfied with the agent who
    worked with you when you bought the house, see
    whether that person is available. If youre
    starting from scratch and having trouble
    agreeing, each of you should pick a friend or
    relative, and have those two people agree on an
    agent.

5
Know About the Taxes
  • Capital Gains Taxes are worth paying attention to
    when selling your house during a divorce. The
    reason being that as a legally married couple you
    are eligible for a 500,000 tax exclusion, while
    individually you're only eligible for a 250,000
    tax exclusion.
  • Your tax strategy when selling your home can have
    serious financial implications, upwards of
    tens of thousands of dollars in some cases, so
    it's important you educate yourself with good
    information on the topic.

6
Selling Your House Fast For A Fair All-Cash Price
  • One option that many divorcing couples have
    turned to in recent years is making a quick sale
    to a real estate investor like Danny buy houses
    okc.
  • Reputable local real estate investors like us,
    purchase houses quickly and without stress, and
    the process can often take as little as seven
    days.
  • Deciding how to sell a marital home in Oklahoma
    doesnt have to be as stressful as the divorce
    itself.
  • By protecting each party with a qualified real
    estate agent or simply jointly deciding to sell
    and selling fast to a real estate investment firm
    and moving the process, all parties can walk away
    from the sale without stress.

7
Contact Danny Buys Houses
  • 3415 N Maxwell Dr
  • Oklahoma City,
  • OK 73121
  • Phone 405-633-1154
  • Email danny_at_dannynichols.com
  • Facebook Danny-Buy-Houses-OKC

8
THANKYOU
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