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Once the decision has been reached that a divorce is eminent, a lot of questions are raised. One of these is, “What happens to the house in a divorce?”
When homeowners put their house on the market, whether with the aid of realtors or by themselves, they want to know they’re getting the best for their property.
Many homeowners feel powerless when their bank sends them a Notice of Default and might consider filing bankruptcy to stop foreclosure on their house.
When it comes to selling your house during divorce these options are something that you want to review carefully as chances are you want to do this quickly.
There are many reasons a homeowner may be looking to sell. When you’re thinking “I need to sell my house fast”, homeowners may believe diving right in will save them time and money.
Loan modifications, secondary loans, borrowing from acquaintances, filing for bankruptcy, and selling are all possibilities with varying success rates.
Most often there are so many things to deal with during a divorce that it becomes overwhelming and frustrating. One may not think clearly and make decisions based on their emotions which may not be the best decision at the time.
You’ve probably seen ‘we buy houses fast’ signs around and wondered what they were all about. Well…we buy houses fast in Jacksonville , FL and I’ll tell you why!
Late fees, exorbitant monthly payments, and other bills can make affording your current home a nightmare.
If you are the one who keeps the home after the divorce, you will have to take the loan while the other spouse goes through the buyout. Refinancing takes time and it’s often an emotional process.