If you are a homeowner looking to sell your property quickly, especially due to a life event like divorce, we have the perfect solution. We Buy Houses In West Georgia is a local house-buying company that purchases houses for cash in the West Georgia area. With just 3 easy steps, you can sell a house during divorce in Georgia and walk away with cash in hand:
Give us a call at (404) 997-2197 or fill in the form to the right
Meet with us so we can take a look at your house and answer any questions
Receive your offer, choose a closing date, & get paid
No one ever gets married with the intention of getting divorced, but in this imperfect world, divorce is a sadly common reality for many families nationally and in Georgia. Regardless of divorce being an accepted part of life, getting through a divorce can still present a lot of questions that many people don’t know how to handle, and it can be overwhelming to figure everything out during such a turbulent time in your life. One of the more difficult processes to understand is how assets are divided during Georgia’s divorce proceedings. How do you know what to do with shared property, such as real estate, when a marriage ends? Can you sell a house during divorce in Georgia, and what’s the easiest way to offload your property and move on?
Many factors can impact how shared assets, such as a family home, must be dealt with during a divorce in Georgia. Divorcing spouses can choose for themselves or through a mediator how their assets will be divided, or, if the matter goes to court, the court first classifies individual assets as either marital or separate property and then divides those assets. Georgia is an “equitable distribution” state, which means that assets are divided fairly, rather than equally, depending on unique factors of each couple’s situation and the discretion of the court. Because of this, it likely won’t be a 50/50 split of assets between both parties, unless the matter is handled privately between the spouses according to individual preference instead of Georgia’s division practices.
A house in Georgia can be considered marital or separate property, and this can impact how the court chooses to divide it. A Georgia house gifted to or inherited by one of the spouses, for instance, belongs to that spouse as separate property and will therefore be theirs in the divorce. The same can be said of a house purchased by one of the spouses before the marriage took place, though every rule has certain exceptions. Claims to separate property can be complicated by several factors, such as updates made on the house during the marriage that added to the overall value of the property. If you are unsure as to whether your house qualifies as marital or separate property, it is best to contact a Georgia divorce lawyer who can help you figure out exact what kind of property your home qualifies as depending on your unique circumstances.
If your house is considered marital property, it will be up to the court to decide who retains the property or how the assets will be divided between divorcing spouses according to Georgia’s division practices, assuming that the couple cannot reach an agreement amongst themselves.
Because of the number of factors that affect how a property might be divided in Georgia, there are numerous options for selling (or not selling) your home. Any of these can be determined by the couple, a mediator, or the court. Some of these options include:
Divorce does not necessarily mean that you need to sell your house. In some situations, you can negotiate with your spouse and the court to retain the property by paying off your spouse’s legal interest in the house so that you could become the sole proprietor. In this case, the court will likely give you a timeframe that will allow you to complete the transaction and ensure that the house is solely in your name.
In Georgia cases where either of the divorced spouses have custody of minors, the use of the home may be allowed to the spouse that is considered the primary caregiver. This occupancy typically lasts until the youngest child reaches eighteen, at which point the property is sold and the assets are divided between the spouses. The specific circumstances of this agreement will determine who pays the mortgage, bills, and insurance during the occupancy.
In some ways, deciding to sell a house during divorce in Georgia may be the simplest option. You can put your house on the market, and the selling price is split between the spouses however the court designates. However, the speed and ease of this process depends on the market in your area. Listing and offloading a property can be a quick in Georgia’s seller’s market, but it can also be a months-long endeavor, especially if your house is not market-ready (as most lived-in homes are not). Because of these factors, a traditional home sale might not work for your situation. It might be easier to sell the property directly to a Georgia cash homebuyer or investor so you can close on your property and move on as quickly as possible.
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There are a lot of different boxes to check when selling your house during a divorce in Georgia: you and your spouse or the court must decide how your assets will be split, you must prepare your house to go on the market, and you must handle the (potentially long) listing and selling process. Because divorce can be a turbulent and emotional time for both spouses, hiring divorce specialist real estate agents gives both parties the opportunity to have someone to guide them more easily through the selling process.
There are different ways of selling any Georgia property, so it will be up to you and your spouse to decide the method that works best for your situation. Do you want a fast sale in order to split the assets as quickly as possible so you can move on, or do you want to dedicate months to fixing the home to make it market-ready in order to sell it for the highest price? If you and your spouse can’t reach an agreement, the court may become involved in the decision.
If you decide to make repairs or upgrades on the property before selling, you and your spouse will have to reach an agreement about how the expenses of any improvements will be split, as well as how those investments will impact the final division of the profits. Make sure that these agreements are made official and finalized with a lawyer so both you and your spouse are held accountable for the terms.
However, expenses and profits are not the only details you need to work out when you decide to sell a house during divorce. You’ll also need to think about things like:
If possible, let the lawyers handle all of these questions before taking the matter to court, which can save a lot and time and money by avoiding the price of going to court.
No matter how the divorce is settled, either by the spouses themselves or by the court according the Georgia’s division practices, you should already know how the proceeds will be divided between both parties. Once the house is sold, all that’s left to do is divide the funds accordingly and move on.
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If you’re in a situation where you and your divorcing spouse are ready to sell your Georgia home and move on as quickly as possible, you may consider selling to a cash homebuyer, which can help you avoid spending the time and money required by the traditional house-selling process. Real estate investors and professional homebuyers pay in cash for properties, regardless of the house’s condition or the owners’ situation. This gives you the opportunity to bypass the lengthy traditional selling method of listing in order to close on your Georgia home and move on within as little as a week.
If you and your spouse are looking for a quick way through a painful divorce, selling to a local Georgia homebuyer might be the best option for the family. With the right company, you can sell your house for a fair cash amount and close without paying additional fees for lawyers or real estate agents.
We Buy Houses In West Georgia is a local homebuying company that makes fair cash offers on properties as-is. No matter your situation, we can help you offload your property as quickly as possible. Our process eliminates the hassle of the traditional home-selling process, allowing you to sell your house and move on, worry-free and with cash in-hand.
No Repairs
We buy houses in Georgia as-is. If you sell to us, we handle all repairs after the closing. There is no need for you to invest in any home improvement before selling.
No Fees or Closing Cost
Our services are 100% free. You won’t pay any closing costs when you sell to us, and we provide cash offers completely free of charge for our prospective clients.
Fast Closings
We close on your schedule, whether that be in as little as 7 days or over the span of a few months. Our agreement is customizable to fit your needs.
No Cleaning
There is no need to clean the house. If you want, you are free to take the belongings that you want and leave the rest. Our team can handle any cleaning after we close.
No Real Estate Commissions
We handle our homebuying process entirely in-house, so you don’t have to worry about paying real estate agent commissions or fees for our business.
Fast & Fair Cash Offer
Because our process is completed with our in-house team of professionals, we don’t involve banks or appraisers in our buying process. This means we can send you our offer within 24 hours without worrying about loan approvals.
Once you fill out our form to get your no-obligation cash offer started, someone from our team will contact you within 48 hours in order to set up a meeting to view your property, answer any questions, and make our cash offer. If you choose to accept this offer (there is no obligation to accept!), we will close at a local attorney’s office, and you receive your cash payment.
If you want to learn more, we invite you to visit our How It Works page. Here, we offer full transparency about our homebuying process, including details about exactly how we calculate our offers. You can also check out Our Company page to get to know our team, our credentials, and our experience. Fill out the form below to get a no-obligation cash offer started now!
