
Selling your house during divorce in Cincinnati & Dayton can be extremely difficult. Emotions can be high in a divorce. Chances are that someone at some time wants to destroy the house. The reality is, eventually emotions subside and we all become adults once again.
When it comes to divorce proceedings, the courts usually guide us to being adults faster than we are ready. Keep the home in tact because if you have to sell, you want top dollar. Plus you don’t want your ex-spouse to claim you damaged the property and have your portion garnished for the momentarily emotionally gratifying deed.
Agreeing to Sell and Split
One of the common ways to split assets in a divorce, especially a house, is to put it on the market, sell it and split any equity equally among the two of you. This is common especially if there aren’t children involved. It simplifies things by eliminating a pending mortgage and if you can sell quickly, expedites the divorce process. That being said, if the housing market is slow, this could drag things on longer than desired.
Talk to a realtor. Get an honest assessment for your Cincinnati & Dayton home. Find out what estimated costs will get you a higher return. Negotiate realtor fees to keep net profits as high as possible and do a market analysis so you have reasonable expectations of the sale.
Preparing the House for Sale in Cincinnati & Dayton
Do your best as a couple to clean up the house and make it presentable for sale. Remember you both have a stake in the successful sale. De-clutter and make it look like a happy family lives there. Continue to mow the grass. And if you really want to make it smooth, tackle that honey-do-list you have been avoiding.
She’ll scratch her head wondering why you were incapable of doing it before and you’ll know you just increased your sale value. Funny how you can win that way sometimes.
The Next House
If you are selling the marital house and will be buying a new house, make sure to coordinate things with your realtor to ensure you time the purchase properly. Divorces get hung up in court and house sales get hung up for a million reasons. You don’t want to be tied into a new home mortgage when other components fall apart.
Be honest with lenders and start the process early. While you need to be prepared, don’t lock any rates in before you are really ready to pull the trigger. Constantly running credit for new approvals can hurt credit scores.
One Spouse Keeps The Pad
While this option is more common when children are involved (to keep them stable), it is a viable option in any divorce if parties agree. In this scenario, you decide to buy the house from your soon-to-be-ex. He or she will agree to quit their interest in the property by completing a quit claim deed. For their part, you agree to assume the mortgage and buy them out of their equity.
To buy your spouse out of the mortgage, you need to contact the lender and explain the divorce scenario and request an assumption of the loan. Lenders will more than likely underwrite you as an individual to make sure you can afford the house on your own. Make sure you document all income you have, including spousal support.
If the lender won’t let you assume the loan, you need to apply for a refinance. If interest rates are lower, this might not be a bad scenario anyway. Again, this is a loan application. Meet all income and debt obligations to qualify.



There’s nothing wrong with selling through a real estate agent but you should be aware that an agent may have you fix up the inherited property first, then there are closing fees and the hefty agent commission you’ll have to pay afterward. And, this method can take months, so some people don’t like how long it takes.
If multiple heirs own the inherited property, you’ll want to gather your research and then talk to each heir to get a consensus.
So you’re in a position where you need to sell your home quickly. Maybe it’s a divorce or a job layoff or that you just want to get the hassle over with as soon as possible. Whatever the reason, you need to sell fast. You can’t, of course, just sit and hope the perfect buyer strolls up and makes you an unbelievable offer. Hope is not a strategy. What can you do though?
There are many reasons you might want to sell your home quickly: relocations, financial hardships or even medical issues. It really doesn’t matter what the reason is for you, but understand that buyers may try to jump on your motivated seller status if you don’t position your property right. Here are the best preparations to selling your house quickly in Cincinnati & Dayton.
You’ve seen the signs at almost every street corner or off-ramp, “Cash for houses in Cincinnati & Dayton.” Some of these are cartoonish signs and others might even be handwritten, nailed to a light pole. Some cash for houses signs makes claims they buy houses in any condition and for competitive rates and all cash.
As the saying goes, “there is more than one way to skin a cat.” The saying is truer when it comes to selling your home than skinning cats since we don’t advocate doing that. Home buyers in Cincinnati & Dayton have different needs; preparing your sales strategy accordingly helps increase home showings and makes for faster sales. Here are 4 ways to attract interested home buyers in Cincinnati & Dayton.