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Selling Your Home During a Divorce in Louisville

Selling Your Home During a Divorce in Louisville

Selling Your Home During a Divorce in Louisville

If you’re wondering about the ins and outs of selling your home during a divorce in Louisville Kentucky… we’ll dive into the steps and things to look out for in this article.

With over 50% of American marriages ending in divorce, many Louisville Kentucky residents are looking or advice for selling a home during a divorce.

A home is one of the most valuable joint assets, and obviously cannot be divided without first liquidating. While a divorce is one of the most stressful and emotionally charged life events, it’s important to remain rational. There are several factors to consider when facing a divorce in a real estate market that has yet to rebound from the housing bubble burst. Selling Your Home During a Divorce in Louisville.

Determine if (and when) You Will Be Selling Your Home During Your Divorce in Louisville

In many divorce cases, one spouse will keep the home, buying out the departing spouse’s share.

In many cases, agreements are made where one spouse uses the house for a set period of time (this is usually used when there are children in the home), and then sold at a certain date (usually when the children reach a certain age).

Get Professional Help – Agents and Home Buyers / Investors

Selling a home is a difficult process when everything is going right.

During a divorce, you have a lot going on, and a lot to consider. You shouldn’t take on the task of selling you home yourself. You may have disagreements with your spouse about selling price or other issues. By working with a real estate professional… either a reputable agent or real estate investment firm, you’ll both have a neutral third party who can help you determine a fair selling price and handle the marketing of your home.

If you need to sell your Louisville house fast… reputable local real estate investment firms like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 may be a great option.  Firms like ours actually BUY HOUSES (rather than listing them like agents do)… and we pay cash and can close quickly if you need to sell this house fast.

If you can wait the time it’ll take to list it with an agent and sell it on the open market, going with a real estate agent is your best bet.

But if you can’t wait the 3-9 months it sometimes takes to sell a house in this market in Louisville… chat with us to see what we can offer you for your house during your divorce. Selling Your Home During a Divorce in Louisville.

Set (and stick to) a Timeline

It’s important, when selling your Louisville house during a divorce to keep a timeline.

You should put your home for sale in advance. Set firm closing dates, moving dates and times, and coordinate which spouse will be handling the sale (or talking to the real estate agent). Make sure that each of these agreements are in writing, and negotiate penalties for breaching the agreements.

This helps ensure a smooth, surprise free home sale.

Selling Your House Fast For A Fair All-Cash Price

Selling your Home during a Divorce in LouisvilleOne option that many divorcing couples have turned to in recent years is making a quick sale to a real estate investor like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392.

Selling Your Home During a Divorce in Louisville.

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 Louisville doesn’t 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 like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, and moving the process as quickly and according to an agreed upon schedule, all parties can walk away from the sale without stress.

If you want to discuss your situation with your divorce and see if we can help you save time, reduce stress, and get out of this situation fast…

Selling Your Home During a Divorce in Louisville

Give us a call anytime at (502) 631-9392 or
fill out the form on this website today! >>

We’ll evaluate your house, make you a fair all-cash offer, and you can decide if selling your house to us is the best fit for you. We’re here for you, just reach out and lets chat.

 

Photo by Family Attorney Sacramento

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How Do I Sell My House Without an Agent in Louisville?

Sell My House Without an Agent in Louisville.

Sell My House Without an Agent in Louisville.

How do I sell my house without an agent in Louisville?  If you’re looking to sell your house in Louisville or Investment properties without using a real estate agent, we can help.

Although we do cooperate with brokers, sometimes it’s best to avoid paying someone to be in the middle.

After all, paying 5-6% of the sale of a property in a commission is a lot of money. In certain situations, Kentucky brokers and real estate agents can be very useful and earn their commission. Not always.

There’s a few ways to avoid paying high commissions in your Kentucky sale.

First, there’s a tricky custom that you’ve gotta know about.

In most sales in Louisville, roughly half of the commission you pay as the seller goes to pay for the buyer’s broker.

Doesn’t make much sense, right?

Why should you pay for the agent on the other side of the table?

Truthfully, it defies logic – it’s just what’s typically done.

You can use that to your advantage in a few ways.

First, factor in the commissions paid when you’re looking at the comparable sales. If the properties similar to yours sold for prices that included commissions, take that into account.

Don’t underprice your property – be aware that a savvy buyer may expect to take a discount too. If you’re doing the work of one agent, you can expect to save that money.

Sometimes in Louisville buyers who aren’t represented by an agent won’t remember to negotiate the buyer’s side commission out of the price for themselves, so don’t remind them if you don’t want to pay them. Just don’t be surprised if it comes up during the negotiation.

You may want to consider offering 2.5% to buyer’s agents who will bring their clients to show your property. Sure, it’s a lot of money. If you’re pricing your property including that commission, you can always negotiate a better deal for a purchaser who comes without an agent.

On the other hand, if you don’t leave room for the buyer’s agent’s commission, you’ll be excluding most of the buyers in the market in Louisville.

Over 90% of transactions happen through the MLS – that’s the Multiple Listing Service. It’s the main database that all the brokers in Louisville use to access information for their clients on the houses, condos, land and investment properties for sale, along with data on the sold prices.

Once upon a time, you had to pay a full commission to get your property on the MLS. Now in Louisville, there are a few brokers who will charge you a fee just to list your property on the MLS. Often, you spend a few hundred bucks and you only pay commission if the sale closes.

Compared to the cost of a newspaper ad, the MLS is a cheap way to market your property to a very wide audience.

All the major real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. get data from the MLS. Chances are good that when you submit your listing in Louisville to the MLS, information on your property will end up on most of the major sites within a few days.

Each of those sites sells ads. They’ve got packages that let you pay to enhance your listing, feature it at the top of the search, and a lot of other bells and whistles that might or might not get an interested buyer to buy your property.

Advertising is a gamble. Sometimes open houses in Louisville Kentucky can be a great way to sell property, and sometimes they’re a waste of time. Same with newspaper ads, craigslist postings, fancy signs – sometimes they work, and sometimes they don’t.

For Sale by Owner

We close fast and pay cash in as little as just 3-5 days. Give us a call now at (502) 631-9392.

 

To effectively sell your property on your own, you have to market it well.

Putting up fliers and signs around your neighborhood can generate some calls, and there’s a lot of free websites where you can post information. But often just putting up flyers and an open house isn’t enough if your house doesn’t appeal to the average home buyer.

In theory, real estate agents charge big commissions because they have to spend a lot of money up front to advertise your property. By advertising lots of properties at once, they expect to get more phone calls – and obviously, they’ll make good profits by selling lots of houses.

Certain properties might require thousands of dollars in advertising expenses before the right buyer happens to see the ad and call.

If you want to avoid paying any commissions, you can also sell your house to investors like us for CASH

We offer fair prices for properties – and we can close fast (in as little as 3-5 days if you need to).

Sometimes we’ll purchase Louisville houses, fix them up, then rent them out… sometimes we’ll fix them up and sell them to other people looking for great homes in the area, and a lot of other reasons, too – but we love to hear from people like you who are thinking of selling anywhere in Kentucky.

We’re investors who care a lot about Louisville.

We close fast and pay cash in as little as just 3-5 days.  Give us a call now at (502) 631-9392 or fill out the short form over here.

Sell Your Louisville House Fast – Get A Cash Offer Today

 

Photo by Zach Anderson

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Selling My House Fast in Louisville

Selling My House Fast in Louisville

Selling My House Fast in Louisville – What Are Your Options

You need to sell your Louisville house fast right?  If you’re saying… “I’m having the toughest time selling my house fast in Louisville“… you’re at the right place 🙂

These tips will help you get your property sold.

[NOTE: Most important – if you really need to sell fast, consider the option of selling for cash offer to a qualified local investor like Fast Cash House Buyers, LLC

Selling My House Fast in Louisville – Your Options

Lately the financing world has been really screwy. Lenders change program requirements at the last minute – and for normal purchasers, that could delay your sale. Sell My House Fast in Louisville

Keep in mind that anyone can write a cash offer, even if they’re borrowing money to purchase the property.  So when you’re selling a house through a real estate agent to an end buyer… be prepared that if the buyers financing falls through… you’ll have to start the sale process all over again… adding more months to the process, more holding costs you have to pay for, and more. We Buy Houses. We Buy Houses Fast.

To avoid having the buyer pull out at the last second because of financing… one option is to sell your house to a local investment firm like us. We Buy Houses Fast In Louisville.

Often, qualified investors have access to multiple lines of credit with public and private lenders that is secured by other assets. We Buy Houses Cash.

That means we can close quickly and we don’t have to wait for a bank loan to come through. You get your sale done and cash in hand quickly. 

You’ll have to do some due diligence to make sure you’re dealing with a qualified local investor. Qualified investors will have no problem providing you access to bankers and references who can verify the investor’s ability to close on the loan.

If you’ve taken a cash offer with an earnest money deposit, you might be entitled to keep the deposit if the buyer can’t close on the purchase. Selling My House Fast in Louisville. Buy My House Now.

Selling My House Fast in LouisvilleBut how do you get cash offers fast?

You can get a fair cash offer from us actually today.  We’re buying properties in the Louisville Kentucky area, which we’re local to… and we buy Louisville houses … then we either hold them as rentals for ourselves… or we’ll repair / remodel the house if it needs it and sell it to someone who loves the house.

If your local Louisville property qualifies, we can buy your house fast.

Just fill out the form or pick up the phone and call us anytime at (502) 631-9392

 

Photo by Mark Moz

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I’m Relocating and Need to Sell my House in Louisville

Relocating and Need to Sell My-House in Louisville

I’m Relocating and Need to Sell my House in Louisville

Relocating And Need To Sell My House In Louisville

Relocation is a complicated exercise in coordination. We get local Louisville home sellers calling us or submitting their house info on this website every week saying “I’m relocating and need to sell my house in Louisville“.  The great thing is that we’re able to help a good many of those sellers sell their house quickly (because we’re actively buying houses in Louisville Kentucky right now!).

There’s an insane amount of details to keep together, plus the stress of whatever is making you move in the first place – often it’s a new job or a sick relative, but the true need to move always comes with a dramatic change.

So how do you make the most out of a difficult situation?

Don’t agonize – organize.

Relocating Need to Sell Louisville House Fast

You don’t want to be in a situation where you end up paying to own and maintain a vacant house for 2 years. That gets expensive and it doesn’t have to be that way.

Although the market is relatively stable right now in Louisville, things can change in the blink of an eye. We’ve heard some serious horror stories over the past couple of decades. Unless you’re filthy rich, you probably can’t afford to wait it out.

So how do you make the right choices when you’re relocating and need to sell your Louisville KY house fast?

Relocating And Need To Sell My House In Louisville Fast… Your Options And Steps

First…

  1. Find out what your house is worth: To do this you can contact a reputable real estate agent or connect with us and we can give you a no cost no obligation valuation on your property.  Once you know what the house may be able to sell for in the current market… that sets the basis for how long you may or may not be able / willing to sell the house.
  2. Decide how fast you need to sell your house after you relocate: This is a biggie. I’ve seen professionals who moved out of state for a job who had their house on the market for over a year before selling it for a much much lower price than they hoped. Decide how fast you need to sell your house… and how long you’re willing to keep making 2 mortgage payments, insurance payments, etc.
  3. Find a solid real estate agent BEFORE you start packing boxes: Get the ball rolling early so you don’t waste any time. Every month that you wait or every month that it takes to sell the house… costs you money.  Or if you don’t want to use a real estate agent to sell… we are a reputable local house buyer and we’d love to make you a fast-fair all cash offer. Just fill out the form through this link to get started >>
  4. Calculate the value of selling your house fast vs. “waiting it out” for a dream price: We all want to sell our houses for as much as possible. But one thing many people forget to do is come up with the $ amount of how much it costs you to hold onto this house.  The costs involved include the mortgage (which if you’re still within the first 10 years of the mortgage, the majority of your payment interest and not hardly going to principal at all), insurance, taxes, maintenance, etc.Lets say you want to sell your house for $200,000… and your mortgage payment is $1,200/mo, taxes $200/mo, $100/mo for insurance, and $100/mo for maintenance (lawn maintenance, repairs while you’re gone, etc.).  Those expenses add up to $1,600/mo in “non equity building” expenses.If it takes you 7 months to sell that house through a real estate agent for that $200,000… it cost you $11,200 in DIRECT “holding costs” + you had to pay $12,000 in real estate agent fees (assuming 3% for the buyers agent and 3% for the sellers agent).Totaling $23,200 in LOST money.  That doesn’t even account for the value of your time, your stress in thinking about that property sitting on the market, the opportunity cost of what you could have been doing with that extra money during those 7 months, etc. So the real cost to you was likely closer to $30,000.But, what if you were to sell your house next week and avoid all of that?Even if you sold for a discount below the retail price (lets say… $175,000)… you’re still ahead of the game by selling the house NOW at a discount to a home buyer like our company vs. 7 months later at full price (and paying holding costs and real estate agent fees).Make sense?
  5. Take action!: Whatever you decide… decide and take action.  If you want to go the real estate agent route, great! Find a reputable local Louisville Kentucky agent.  If you’d rather not have to wait and not have to pay real estate agent commissions… then a viable option may be to sell your house to us 🙂

If you’ve got a lot of time on your side and a really great property, you might want to test the market by offering it out at a high price. There’s a small chance someone might just fall in love and be willing to overpay – people do crazy things for love.

Most properties are pretty average, in reality. They tend to be like the other houses around them, in the same way that people who live near each other tend to have a lot in common too. So unless your property is truly exceptional, as in magazine-quality extra-special, you won’t capture the most money in the market by pricing at the highest point.

You can also win by marketing your property for rent and sale at the same time, just to see what happens first. You have to maintain control of the process, which can confuse even seasoned real estate brokers.

In certain situations, we may partner with property owners to help secure lease option agreements where highly qualified purchasers rent the property for an agreed time before buying.

In other cases, we may help renegotiate a loan, help make monthly payments or conduct a short sale with a bank.

We love helping people solve complicated problems.

Creative solutions can bridge the gap to get you where you need to be.

Who Is Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 And How Can We Help You If You’re Relocating And Need To Sell In Louisville?

We’re investors. We support our families and beautify neighborhoods by buying houses from Louisville home owners who need to sell fast for one reason or another.

The types of sellers who tend to work with us include people who…

  • Need to sell fast (we can close in as little as 7 days if you need us to)
  • Don’t want to hassle with listing a property with an agent
  • Don’t want to pay real estate agent fees
  • Can’t sell their house for one reason or another (we buy houses in as-is condition)
  • … or a variety of other reasons

But we’re passionate people, and we believe in the Louisville community.

We’re honest and straightforward.

We’ll quote you a fair price, and we can close fast with cash.

If you’re prepared to wait and can hire professionals to help, you can manage the sale of your property from a distance. In certain circumstances that risk can pay off.

We’re happy to help you find answers to your toughest questions about your Louisville real estate, so please feel free to call us at (502) 631-9392 and chat with us anytime.

 

Photo by  veterinairebellevue

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