It’s a well-known fact that some marriages just don’t last forever. Regardless of the reason for this split, the divorce process remains messy and inconvenient, with tons of matters the divorcing couple have to decide on and consider. And one of these matters is deciding what to do with the marital home. Depending on how things are with you and your spouse, the best thing to do might just be to sell the family house and get it over with. But of course, this might not always be the case.
If you’re going through a divorce and you’re at a loss on how to proceed, don’t worry, because here at United Home Offer, we’ve got your back. We can help you with selling your property while you focus on other, more important aspects of your divorce.
To learn how divorce affects your Scottsdale, AZ property and what you can do about it, keep on reading!
Selling a House During a Divorce in Scottsdale, AZ
Now, the first thing you need to know is that Arizona divorce courts often issue orders preventing one spouse from disposing of any assets of the married spouses while the divorce is pending. The court’s divorce order divides the property between the spouses.
Another thing you may not know is that Arizona is a community property state. Community property law requires divorcing couples to equally divide most of their assets. In Arizona, a house is considered community property if the married couple acquires it during marriage. In most cases, an Arizona court will divide the house equally, which may require selling the home and splitting the net profits.
However, there may be circumstances in which selling the home is undesirable, either for economic reasons or due to one spouse’s needs or preferences. In those events, the court may allow one spouse to keep the house in return for giving up cash and/or other assets.
Cashflow may influence who gets the home
If you make a good living and the marital home is community property, you might be able to negotiate a deal in which you essentially buy out your spouse’s interest in the house. You may have to pay the mortgage, property taxes and other expenses and will probably need to pay your spouse a share of the equity, but at least in the end you gain sole ownership over your family home.
List Your Property for Sale
Once you’ve received clearance from the law to sell your property, your next step should be to sell it. You can either sell your share of the house to your spouse or agree to list it for sale and split the profits equally amongst yourselves. Of course, selling your property is understandably stressful while going through a divorce, so you might want to enlist the help of a real estate agent to get things going. If you’re thinking, “how can I sell my house fast in Scottsdale, AZ?” There is another option you can explore.
Sell to A Professional Home Buyer!
Now, if you’d rather not exert any effort into selling your home, and you’re thinking, “how will anyone buy my house fast in Scottsdale, AZ?” Consider selling your property to a professional home buyer. A professional home buyer will buy your house regardless of the condition it is in, which means you don’t have to spend a single cent on repairs and renovations. If you’d like to sell your home to a professional home buyer, you’ve come to the right place. Here at United Home Offer, we are cash home buyers in Scottsdale, AZ interested in buying your home, even if it’s in foreclosure.
Reach Out to Us Today
When you decide to partner with us, you can expect a fast, cash transaction which can easily close in a matter of days! Just flipped your property? Great! We’ll buy it at fair market value. When you choose to sell to us, you don’t have to wait weeks and months just to get good offers. We’re direct buyers and we pay in cash to arrange a quick close.
Our goal at United Home Offer is to improve the overall quality of housing for the residents at Scottsdale, AZ. We buy houses in just about any condition and situation, including foreclosure, late mortgage payments, or fair market value. To find out more about our home purchasing process, give us a call at (214) 817-4224 today.