In most divorces, hard feelings between spouses cause many challenges. Selling a house in joint names divorce in Alberta can be very difficult, as more often than not, one or both parties want to inflict as much emotional harm on the other person as possible. Unfortunately, the couple’s shared finances often take the brunt of this ax-grinding.
When selling a house in joint names divorce in Alberta, the best option is always to temporarily set aside differences and work towards an outcome that is mutually beneficial.
In other words, work together long enough to sell the house so both parties can take their equity from the sale…or at the very least, just walk away from the situation with the house sold.
When Couples Agree to Selling A House in Joint Names Divorce In Alberta
During a divorce, it’s common for couples to be consumed by short-term anger, making it difficult to see beyond the present situation.
When assisting couples going through a divorce and needing to sell their property promptly, we understand the urgency. In most cases, we facilitate collaboration towards the shared objective of selling the house swiftly. As an option, we are prepared to make a cash offer for the property. Feel free to contact us at (403) 383-6592 to initiate a discussion, and we can present a fair offer within 24 hours.
The intense emotions and desire for retribution can often cloud judgment, leading to unintended consequences for all parties involved. While these reactions are natural, they may not be conducive, especially when selling the property jointly owned in Alberta.
Selling a property in Alberta during a divorce typically necessitates compromise from both sides to ensure a respectful resolution that safeguards their dignity, emotions, and financial well-being.
Saving Time And Selling The House Fast May Be The Cheapest Option In The Long Run
In joint divorce proceedings involving a house in Alberta, it’s crucial for both parties to compromise on selling the property to avoid unnecessary costs. Refusing to reach an agreement only benefits the divorce lawyers, who charge high hourly fees for their services. Every hour spent without a resolution leads to a reduction in the final sale profits, ultimately impacting both parties financially.
Divorce lawyers typically charge steep hourly rates, whether they are providing legal representation in court or offering advice during consultations. These costs can quickly add up, further underscoring the importance of swift resolution in selling the house.
By setting aside their differences and expediting the sale process, both parties can retain more of the sale proceeds to support their fresh start post-divorce. Acting promptly can help them avoid unnecessary expenses and move forward positively.
Coming To An Agreement To Sell The Alberta House
Generally, when a divorcing couple disputes the sale of a jointly-owned home, it serves an emotional rather than a practical need. What they usually don’t realize, however, is that by not quickly selling the Alberta house that’s held in joint names, they are hurting themselves just as much – if not more than – the other party. In the end, there is no winner. The only way to find peace is to move on with your life. Dragging the other person through the mud does nothing but hold up the inevitable.
That’s because the longer selling the house drags on, the smaller the settlement both parties can take away after the divorce. Again, nobody wins here.
Every month you don’t sell the house is another house payment, property tax payment, insurance payment, utilities, lawyers fees…you get the idea. In situations like this, as the saying goes, time is money.
Both parties are going to come to some sort of mutual agreement eventually – or their lawyers or divorce court judge will. Instead of wasting away thousands in lawyer fees in a legal battle… and “waiting it out” to sell the house at full retail value to a buyer that may take months and months, we offer you an option of selling your Alberta house fast. The value we offer is in speed. We can make you a fair cash offer, have cash in your hands in as little as 7 days (or at a schedule that’s convenient to you), and the situation can be done. One massive item taken off the to-do list. If you are in this situation please reach out to Northgate House Buyers!