Title: How to sell house during divorce?
1How 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.
3Should 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.
4Pick 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.
5Know 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.
6Selling 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.
7Contact 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
8THANKYOU