This article is for people looking for information about the ins and outs of selling your home during a divorce in Calgary … we’ll dive into the steps and things to look out for in this article.
With over 40% of Canadian marriages ending in divorce, many Calgary residents are looking for advice when selling a home during a divorce.
Divorce is hard, if you’ve ever faced one you might agree that it can be the most challenging and emotionally isolating life event people can face. With children, pet’s, and the lives of parents to be considered – one of the first questions that often comes up is.. what to do with the house? For many years the home has been people’s most valuable asset. Today, after the cost of housing has gone through the roof, that has never been more true. Obviously you can’t physically split a house in two, not if you want to keep living in that is. Before dividing up the value, the home must first be liquidated. There are several factors to consider when selling your home during a divorce in Calgary, especially in a real estate market like the one we are currently seeing.
Determine if (and when) You Will Be Selling Your Home During Your Divorce in Calgary
It is not uncommon in many divorces for one spouse to keep living in the house, and keep their half of ownership in the home – while the other spouse moves out. The spouse that stays in the home will usually buy out the departing spouses share in the home. Obviously this depends on a lot of factors, such as the income equality between both spouses.
When children are involved, as they all to often are, it is common for an agreement to be made where one spouse will use the home (so the children don’t have to move) and then the home is sold once the children are of age to move out. If you need help selling your home during divorce in Calgary please use this link for a fast all cash offer from a reputable home buyer.
Get Professional Help – Agents and Home Buyers / Investors
Under normal conditions, when everything in life is going smoothly, selling a home is a difficult process. During a divorce? It just adds so much stress to the situation. Completely understandable, there is an overwhelming amount of things to consider.
At Northgate House Buyers we definitely do not recommend adding to your plate by taking on the task of selling your home yourself. Divorce is often contentious and adding a home sale to that scenario makes things ripe for disagreements around selling price, who’s taking the responsibility of keeping the house clean, and who will spearhead the marketing efforts and communication with potential buyers. This is where real estate professionals come in. You may choose to work with a reputable Calgary realtor or a real estate investment firm (like Northgate House Buyers!) We have assisted many couples in selling their home during divorce. By working with either type of real estate professional you will have the benefit of a neutral and unbiased third party. This is the service that both businesses provide – helping you with (or avoid) the task of pricing your home and marketing it to the public. A real estate investment professional, or direct home buyer like Northgate House Buyers, won’t ask you to price your home. We will actually give you an offer on your home! We will also take the marketing off of your hands, because you won’t have to do any of it. That’s right you won’t have to clean up, get photos taken, or worry about hosting open houses. If this sound like a service that might work for you then please contact us here. You can also give us a call at (403) 383-6592.
If you need to sell your Calgary house fast… reputable local real estate investment firms like Northgate House Buyers may be a great option. Firms like ours actually BUY HOUSES directly from sellers (rather than listing them like agents do)… another added benefit is that we pay cash and can close quickly if you need to sell this house fast. We can often purchase your home in as little as 7 days.
That is just the option that we offer. If you can wait the time it’ll take to list it with an agent and sell it on the open market, going with a real estate agent is your best bet. We know some really professional and effective realtors here in Calgary and would be happy to connect you with them at any time.
But, if you are like the hundreds of people we talk to every year, and you just can’t wait the 3-9 months it sometimes takes to sell a house in this Calgary Calgary… chat with us to see what we can offer you if you are selling your home during divorce in Calgary.
Set (and stick to) a Timeline
It’s important, when selling your Calgary house during a divorce to keep a timeline.
When preparing to sell your home in Calgary, it’s important to plan ahead. Establish definitive closing dates, moving schedules, and determine who will be the main contact for the realtor. Be sure to document all agreements in writing and discuss consequences for any breaches in the agreements.
Remember, your spouse will need your consent to sell the marital property, unless the property is exempt from the Dower Act. It is always best to consult with a lawyer to determine these details, however if you are selling your home during a divorce in Calgary this link can help. Specifically with the technicalities around division of property and any specific questions you have about your Dower Rights..
By following these steps, you can facilitate a seamless and stress-free sale of your home when going through a divorce in Calgary, Alberta.
Selling Your House Fast For A Fair All-Cash Price
One option that many divorcing couples have turned to in recent years is making a quick sale to a real estate investor like Northgate House Buyers.
Reputable local real estate investors like us, purchase houses quickly and without stress, and the process can often take as little as seven days.
Deciding how to sell a marital home in Calgary doesn’t have to be as stressful as the divorce itself.
By protecting each party with a qualified realtor or simply jointly deciding to sell and selling fast to a real estate investment firm like Northgate House Buyers, and moving the process quickly and according to an agreed upon schedule, all parties can walk away from the sale without stress.
If you want to discuss your situation with your divorce and see if we can help you save time, reduce stress, and get out of this situation fast…
Give us a call anytime at (403) 383-6592 or
fill out the form on this website today! >>
We’ll evaluate your house, make you a fair all-cash offer, and you can decide if selling your house to us is the best fit for you. We’re here for you, just reach out and lets chat.