Going through a divorce is one of life’s most stressful experiences. Even if the divorce is amicable, there is still a long process that you’ll have to go through to determine child custody, child support, alimony and the division of assets. And, if you’re like most people, one of your biggest assets is your house in Las Vegas.
In this post, we’re going to explore your options for selling your house during a divorce, including whether it’s best to sell before or after your divorce and the benefits to choosing a cash sale.
Is It Better to Sell Before or After the Divorce?
There are many legal aspects to divorce, and this includes how any properties will be divided among the former spouses. Properties can be difficult to divide, because unlike other material possessions, you can’t split a house in two. Therefore, selling the house is often ideal, because this allows you to split the profits. The money can then be used to restart your lives.
So is it better to sell your Las Vegas house before your divorce or after? There are pros and cons to each scenario:
Selling Before the Divorce
Choosing to sell your house in Las Vegas before your divorce can make things easier for everyone. However, it will require the cooperation of your spouse, which might be difficult.
If you can get along, selling your property before the divorce allows you to split the money evenly and be prepared to move on with your lives. And, you won’t have to deal with pesky problems after your divorce.
Selling After the Divorce
Sometimes it’s best to wait to sell your house, as communication between you and your ex might be better. One of you can also stay in the home while the divorce is being finalized. And, depending on the market, you might be able to get more for your home if you wait.
Of course, there are drawbacks to waiting to sell your house during a divorce. Keeping the house means continued conversations about the mortgage, repairs, maintenance, utilities, etc. You may also have a harder time dividing the money, as emotions from the divorce may still be raw.
Benefits of Selling Las Vegas Property for Cash During a Divorce
If you’re interested in selling your house, start by getting a free cash offer from a house buying company like We Buy Any Vegas House. This way, you’ll have the facts to make a smart decision. For example, right now it is a seller’s market, and you can get a competitive cash offer to split with your ex. You can do this before or after the divorce.
Additional benefits to selling your house for cash are:
- No inspections or appraisals
- As-is sale – no improvements or repairs necessary
- Most closing costs covered
- Zero commissions or fees – keep the whole cash offer!
- Close in just 7-10 days
To get your free, no obligation cash offer, contact We Buy Any Vegas House today!