June 30, 2022

The Best Time to Sell Your Capitol Heights MD House in a Divorce

If you’re currently going through a divorce in Maryland, you have a lot on your mind. Selling the family home is probably at the forefront, as this is likely your biggest asset. It might also hold sentimental value to both you and your ex. Deciding whether to keep or sell the home is a big decision that only you and your ex can make. 

Due to financial, legal or personal reasons, many couples going through divorce feel it’s best to sell their house. This doesn’t necessarily make the divorce process easier, but it offers a clean slate for both sides. Let’s cover the case for selling your house before vs after the divorce, as well as the benefits to working with cash buyers in Capitol Heights MD. 

Should I Sell My House Before the Divorce, or Should I Wait? 

There are pros and cons to selling your house prior to the divorce, as well as pros and cons to waiting. Only you and your ex can make this decision, and you may have to work with a mediator to come to a mutual agreement. But we can help you look at things from a practical and financial point of view. 

Selling before the divorce 

If you decide to sell your house before the divorce is final, you set yourself up for an easier departure. When the divorce date finally arrives, you’ll already have taken care of this marital asset, allowing you and your ex to go your separate ways. You won’t have to return to litigation to discuss the house and what repairs need to be made. 

And, if you decide to sell your house right now, you can take advantage of a great market. Maryland sellers are in control, making it easier to sell your house without contingencies. You’ll likely get several offers on your home, so you and your ex can get more out of the sale. It’s hard to say what the market will be like in another year or two. 

Selling after the divorce 

For some people, it makes sense to sell their house after the divorce is final. If you and your spouse are having a hard time agreeing on things, it might be best to wait. You can go through the divorce process first, and give yourself time to accept the separation. 

Plus, keeping the home allows you to pay down the mortgage, and it gives you a place to live while the divorce is taking place. This can be especially beneficial to families with children, as they try to maintain as much normalcy as possible. Hopefully by the time the divorce is final, you and your ex will be on better terms and able to agree on more in regards to selling the house. 

How Selling Your Capitol Heights House for Cash Can Help During a Divorce

Part of what makes selling a house during a divorce so difficult is the tension. You and your spouse may disagree on things just for the sake of it – which realtor to hire, what repairs to make, what offers to accept, etc. But, if you’re not planning on keeping the house, it’s best to sell as soon as you are ready to work with your ex – and vice versa. 

Selling for cash is a great solution for many couples going through a divorce. 4 Brothers Buy Houses will pay cash for your house. We do not need financing through a bank, which allows us to complete the sale in about two weeks. We also waive inspections, appraisals and most closing costs. Our cash buyers in Capitol Heights MD will make you an attractive cash offer, and if you both accept, we can start the closing paperwork right away. 

Because you’ll receive the full cash offer, you and your ex can split the profits right down the middle. The goal is to have enough to pay off the loan on your home, as well as something to start your new life with. To get a free cash offer on your Maryland property, contact 4 Brothers Buy Houses today.