Home › News › Quick property sale to settle your divorce
Along with selling your home, divorce is one of life’s most stressful experiences and, for many couples, one is tied up with the other. In most cases, selling the family home is a key part of any financial settlement, particularly if the house is jointly owned, or there is any dispute over how the financial arrangements are to be made. This means that you are dealing with two extremely difficult situations at the same time – which is why many people look for a quick property sale.
A quick property sale to put your mind at rest
It's not just the practicalities of selling your home that make it stressful. There are usually many memories tied up in the property – perhaps it's the first house you bought together, or the place where you brought your first child home from hospital. Perhaps you spent time, money and energy renovating the property – there are many emotional ties as well as financial ones. The longer the sale of your property drags on, the harder it is for everyone involved – particularly children. Take advantage of companies that offer a quick property sale so that you can move on.
How a quick property sale works
A quick property sale enables you to release the cash that's tied up in your property as quickly as possible. Selling through an estate agent is still the best way to get the highest price, but with the housing market slowing down, it could be anything from 6 months to over a year until your sale completes. If you choose a quick property sale, you can sell your home directly to a property specialist for cash. You won't make as much money, but you will be able to make a clean break, sort out your individual finances and begin an independent life. Within just 48 hours of an enquiry to The Smarter Choice, you could have a written valuation for your home, and cash in the bank within just 7 days of accepting the offer.
Renting back after a quick property sale
It's common for one party in a divorce to want to stay in the family home, particularly if you have children. With a traditional sale, that's simply not an option, as the new owners need to take possession when the sale completes. With a quick property sale, however, you can arrange to remain in your home as a tenant, paying a fair market rent instead of a mortgage payment. If this sounds like an option you want to explore, just mention it when you enquire about selling your home.