Can I Sell My House During a Divorce?
Are you in the middle of Selling Your House During a Divorce in St. Louis, MO? Evervest Home Buyers has helped people for more than 30 years sell there homes fast for cash in the Metro St. Louis area. You can contact our expert home buyers today for more information and a quote or give us a call at (314) 730-0366 for more information. Selling Your St. Louis House During a Divorce should be smooth, amicable, and efficient for all involved parties.
Call & Get a Fast, FREE Cash Offer!
We pay a FAIR price. Text us photos of your home and get a fast, free cash offer in as little as 60 minutes. We make it easy to get a fast, free estimate.
Link will dial Evervest's number.
Things to Know About Owning a Property During a Divorce
Dividing property during a divorce can be complicated. It’s important for St. Louis homeowners going through this process to understand the options whether they’re selling, refinancing, or negotiating ownership. Here’s what you need to know:
- Who Gets the House? Your home is likely one of the biggest assets in your divorce settlement. Whether you sell it, transfer ownership, or one spouse keeps it, the decision needs to be made carefully to avoid financial and legal headaches down the road.
- Selling May Be the Easiest Solution If both spouses are on the deed, selling the house is often the simplest way to divide assets fairly. The proceeds can then be split according to the divorce agreement which can allow both parties to move forward.
- The Mortgage Doesn’t Disappear: Even if one spouse moves out, both parties remain responsible for the mortgage unless the home is refinanced or sold. If you’re still on the loan, missed payments can affect your credit—even if you’re not living there.
- Tax Implications: Selling a home during a divorce may come with capital gains tax implications. The good news? If it was your primary residence, you may qualify for exclusions. A tax professional can help you understand what you owe—or what you can avoid.
- Emotional and Financial Realities: Selling a home during a divorce can be tough, but it also offers a fresh start. Financially, a sale can free up cash for both parties, but market conditions matter. If selling fast is a priority, an all-cash buyer may be the best solution.
- What Happens if You Can’t Agree? If you and your spouse disagree on selling the house, the divorce court may decide for you. This could mean ordering a sale, assigning home ownership, or forcing mediation to resolve disputes.
- Keeping the House? Know Your Options: If selling isn’t ideal, one spouse may buy out the other’s share, or the home could be transferred as part of the settlement. Just remember, refinancing may be required to remove the other party from the mortgage.
- How Much is Your Home Worth? Determining your home’s fair market value is crucial for an equitable division of assets. An appraisal or real estate market analysis can help ensure you’re making an informed decision.
- Timing Can Affect Your Sale: Market conditions can impact how much your home sells for. If waiting isn’t an option, selling to a cash buyer can help you close fast and move on without the stress of repairs, listings, and showings.
- Get the Right Advisors on Your Side: Working with a divorce attorney and financial advisor ensures you understand your rights, obligations, and the best financial path forward. And when it comes to selling, working with an experienced home-buying company can make the process smoother and stress-free.
Navigating homeownership during a divorce isn’t easy, but knowing your options can make the process smoother. If selling is the right choice, a fast, hassle-free cash sale could help you move forward with less stress. Contact our home buying experts today for more information.
Selling Your House During a Divorce: Fast vs. Traditional Sales
Deciding how to handle your home during a divorce is a major financial decision. While traditional home sales can take months, an all-cash sale offers a faster, hassle-free alternative. Here’s what to consider when choosing the best option for your situation.
- Get an Accurate Appraisal: Before selling, you’ll need to determine your home’s market value. A professional appraisal ensures a fair price and is often required by the court during divorce proceedings.
- Consider Your Selling Options: A traditional real estate sale can take months, especially if the home needs repairs. If you want a faster, hassle-free solution, an all-cash offer can help you move forward quickly—often closing in under 30 days.
- Consider Timing & Convenience: A drawn-out sale can add unnecessary stress. If you want to avoid months of uncertainty, selling to a cash buyer can help you finalize the sale in as little as 7 days.
- Dividing the Profits: After the sale, proceeds must be divided according to your divorce agreement. Unlike traditional sales, an all-cash offer means no realtor commissions, no hidden fees, and a clear, upfront payout.
Types of Properties We Buy for Cash in St. Louis, MO
In the Greater St. Louis area, Evervest buys homes in any condition for those going through a divorce. Your shared property is an asset that can either benefit or hinder a final conclusion and make a big difference in any divorce settlement. Our team is here to make the process as simple as possible. We offer fast cash offers for a number of properties in any condition, including:
- Condemned Properties: Avoid lengthy negotiations—we buy condemned homes in any condition.
- Outdated Homes: Skip costly renovations—we buy as-is, even with older plumbing.
- Homes Needing Major Repairs: No upgrades required—we’ll make you a cash offer.
- Pre-Foreclosure Properties: Sell quickly and avoid foreclosure.
- Reverse Mortgage Homes: We simplify the process for a stress-free sale.
- Vacant Homes: Get cash fast and avoid maintenance costs.
No matter the condition of your home, our cash for home buyers are here to support you during these difficult situations.
Selling Your St. Louis House During a Divorce
We understand that selling your property during a divorce can be difficult. The process may be contentious, and your spouse might not be open to your offers. As a local company with experience handling property sales during divorce, we’re here to make this challenging time a little easier. If you and your spouse want to ease the burden and accept an all-cash offer for your property, we’re ready to help.
For more information about the cash-for-home buying process, the types of offers we make, or what you should expect for your property, get a free quote or call our team at (314) 730-0366 if you’re Selling Your Home for Cash in St. Louis, MO, During a Divorce.