Are you going through a divorce and you own real estate with your spouse, but you’d like to sell it? If so, then you’ll want to read this short article on how to sell your home fast during a divorce because we’re going to discuss how to figure out your dealings with your spouse, as well as what to do about the property. With that said, continue to read on to find out more.
In Texas, there is something called community property. When you’re married, then everything acquired during the marriage is community property. This includes 401K, real estate, furniture, stocks and pretty much anything that is of value.
This is fair. However, many couples find it difficult to determine who gets what. Selling off community property can be a bit of a challenge.
Generally speaking, the courts will decide who is at fault for the divorce, as well as who’s in charge of taking care of kids and who earns the most for the family. Another thing that will be considered is who runs the household. These are a few things the court will consider when deciding who should be awarded property.
Even though couples have equal claims to community property, one will probably walk away with a larger slice of it. The biggest slice is usually real estate. This may even pertain to investment property that the couple owns.
What About Separate Property
In Texas, separate properties are when the property was acquired before the couple got married. This property might include gifts, jewelry, clothing and things of that nature. An inherited property might be included in this category if it was left to only one of the spouses.
As you can see, if you want to sell your home fast, then you will likely encounter a lot of stress, especially if you’re going through a divorce. Sometimes technicalities can lead to an emotional roller coaster. This is the last thing you want when you’re going through a divorce.
This is why We Buy Houses Houston has a team of professionals that can help you. If you’re going through a divorce and you have a piece of property you want to sell, your house, condo or other types of residency, then call. They can assist you and help you sell your home fast, which means you and your spouse can move on with each other’s lives.
If you want to sell your home fast during a divorce, then contact us today because we’ll be more than happy to help you. We also offer free consultations with our attorney, which means you will have peace of mind knowing that you are receiving expert help. With that said, we encourage you to contact us with any questions you may have. Remember, the first consultation is free, and you are under no obligation to use our services, so if you are serious about selling your home as quickly as possible, then contact us as soon as possible.