If you’re wondering about the ins and outs of selling your condo during a divorce in Orange County CA… we’ll dive into the steps and things to look out for in this article.
With over 50% of American marriages ending in divorce, many Orange County CA residents are looking or advice for selling a condo during a divorce.
A property is one of the most valuable joint assets, and obviously cannot be divided without first liquidating. While a divorce is one of the most stressful and emotionally charged life events, it’s important to remain rational. There are several factors to consider when facing a divorce in a real estate market that has yet to rebound from the housing bubble burst.
Determine if (and when) You Will Be Selling Your Condo During Your Divorce in Orange County
In many divorce cases, one spouse will keep the condo, buying out the departing spouse’s share.
In many cases, agreements are made where one spouse uses the condo for a set period of time and then sold at a certain date.
Get Professional Help – Agents and Condo Buyers / Investors
Selling a condo is a difficult process when everything is going right.
During a divorce, you have a lot going on, and a lot to consider. You shouldn’t take on the task of selling your condo yourself. You may have disagreements with your spouse about selling price or other issues. By working with a real estate professional… either a reputable agent or real estate investment firm, you’ll both have a neutral third party who can help you determine a fair selling price and handle the marketing of your property.
If you need to sell your Orange County condo fast… reputable local real estate investment firms like Fast Condo Buyers may be a great option. Firms like ours actually BUY CONDOS (rather than listing them like agents do)… and we pay cash and can close quickly if you need to sell this condo fast.
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.
But if you can’t wait the 3-9 months it sometimes takes to sell a condo in this market in Southern California… chat with us to see what we can offer you for your condo during your divorce.
Set (and stick to) a Timeline
It’s important, when selling your Orange County condo during a divorce to keep a timeline.
You should put your condo for sale in advance. Set firm closing dates, moving dates and times, and coordinate which spouse will be handling the sale (or talking to the real estate agent). Make sure that each of these agreements are in writing, and negotiate penalties for breaching the agreements.
This helps ensure a smooth, surprise-free condo sale.
Selling Your Condo 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 Fast Condo Buyers.
Reputable local real estate investors like us, purchase condos quickly and without stress, and the process can often take as little as seven days.
Deciding how to sell a jointly owned condo in Orange County doesn’t have to be as stressful as the divorce itself.
By protecting each party with a qualified real estate agent or simply jointly deciding to sell and selling fast to a real estate investment firm like Fast Condo Buyers, and moving the process as 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 (714) 576-6282 or
fill out the form on this website today! >>
We’ll evaluate your condo, make you a fair all-cash offer, and you can decide if selling your condo to us is the best fit for you. We’re here for you, just reach out and lets chat.