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Selling your home due to divorce

Selling Your Home Due to Divorce. TEST

If you are going through a divorce and want to take away the hassel of selling your home contact We Buy any Home Now for a fast house sale. We understand that selling your home due to divorce, seperation can be a very stressful and a upsetting situation, but you can make the situation much more easier with a fast sale that can free up the funds you need to settle quickly. Trust us here at We Buy any Home Now to help guide you through this process from start to finsh.

You must decide who wants or needs to live in the house. Usually neither of you would like to stay in the house as it holds to many unpleasant memories. There Have been other times in which the court have decided which of you if any will remain living in the house.

Here are some options for you to think about doing. You must understand each of theses options before making your decision.


Buying the house from your partner

You should be considering the income of your new home. Have you gone from two salaries to just one? Can you afford similar monthly mortgage payments on your own? If you consider maintaining the house as your current residence, these factors must be acknowledged.

Selling your equity to your partner

Selling your equity to your partner should provide you with all the funds you need to find somewhere else to live. How much you recieve will depend on the equity in your home after real estate commissions. There could also be tax implications that you must be aware of. You need to be taken off the old mortgage and title if you were on it. If that hasen't be done yet you will remain liable for any late payments and back taxes etc.

Maintaining join ownership

You might want to choose to delay this process regarding the ultimate possession of your home for a while, with one of you to reamin as a resident. You should be aware that in some circumstances your partner might be able to obtain a second mortgage on the home without you even being aware of it. Make sure that you consider the potenial tax consequences. From the original time of your divorce to the final disposition of your home the tax obligations and deductions of your home could change.

 

We Buy Houses For Cash
Instant Decision Within 2 Hours
Completion Within 28 Days
(or longer if required)
Rent Back: Still Live in Your Home
No FEES Whatsoever
We Can Pay Your Debts Off

 

Contact We Buy any Home Now! 08454 635 640

Text "SELL" to 07968 407 408

Sell Your Home Today - Call 0845 4 635 640 Today!

Text "SELL" to 07968 407 408
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