If you’re going through a divorce and you’re trying to sell a property, you might be wondering, “what if my property won’t sell during a divorce in Georgia?” That’s a good question to ask so be sure to read this blog post and we’ll share our best answer with you…
A divorce can be a challenging situation: it’s complicated, it’s expensive, it’s time-consuming, and emotions are running high. And in all that effort you also need to sell your property so that you can split the value of any equity in the property and put it all behind you. But what if your land doesn’t sell? If you’re going through a divorce and wondering, “what if my property won’t sell during a divorce in Georgia?” then here’s what to do…
What Are The Reasons Your Property Doesn’t Sell?
Unfortunately, there are many reasons your property might not sell. Some of the reasons are related to the normal market conditions (and they might be present even if you weren’t going through a divorce). But there might be additional reasons that your property doesn’t sell — for example, maybe you have a complicated divorce or there’s a lot of conflict between each party in the divorce and this makes it too difficult for the buyer to negotiate on the sale.
This Delay Adds To The Problem!
If the property is not selling as quickly as you’d like, this just adds to the problem and it ultimately ends up costing you more — in bills and taxes and mortgage payments, as well as in additional attorneys fees.
Simply put, you might be hoping to get a high price for your property but your divorce could actually be scaring people away and costing you money.
Fortunately there’s another option…
Strategy For Divorce Properties: Sell To A Land-Buying Company
Here’s an effective strategy for people who are trying to sell their divorce property — instead of listing the property with an agent, sell it directly to a real estate buying firm like us here at Local Key Land Buyers. As real estate buyers, we may not always be able to pay the market price for a property… but many divorcing people realize that holding out for a higher price can actually be a costly strategy once you factor in the cost of repairing the property, the carrying costs while you wait months for an agent to find a buyer, and then the agent’s commission (sometimes thousands of dollars).
If you’re wondering, “what if my land won’t sell during a divorce in Georgia?” and if you want to sell your property fast, a real estate buying firm like ours is the fastest and simplest choice to get the property out from the middle of your divorce, give you money for it, and allow you to wrap up this portion of the divorce proceedings.