If you’re going through a divorce and you’re trying to sell a condo, you might be wondering, “what if my condo won’t sell during a divorce in Orange County?” That’s a good question to ask so be sure to read this blog post and we’ll share our best answer with you…
A divorce can be a challenging situation: it’s complicated, it’s expensive, it’s time-consuming, and emotions are running high. And in all that effort you also need to sell your condo so that you can split the value of any equity in the property and put it all behind you. But what if your condo doesn’t sell? If you’re going through a divorce and wondering, “what if my condo won’t sell during a divorce in Orange County?” then here’s what to do…
What Are The Reasons Your Condo Doesn’t Sell?
Unfortunately, there are many reasons your condo might not sell. Some of the reasons are related to the normal market conditions, but there might be additional reasons that your condo doesn’t sell — for example, conflict between each party in the divorce can make it difficult for the buyer to negotiate on the sale of the property.
This Delay Adds To The Problem!
If the condo is not selling as quickly as you’d like, this just adds to the problem and it ultimately ends up costing you more — bills and taxes and mortgage payments, as well as in additional attorneys fees.
Simply put, you might be hoping to get a high price for your property but your divorce could actually be scaring people away and costing you money.
Fortunately there’s another option…
Strategy For Condos in Divorce: Sell To A Condo-Buying Company
Here’s an effective strategy for people who are trying to sell their condo in divorce — instead of listing the condo with an agent, sell the condo directly to a real estate buying firm like us here at Fast Condo Buyers. As real estate buyers we buy at a discount from market value (we have to stay in business and put food on our table!) but we offer a clean, quick, and convenient process. Many divorcing people realize that holding out for a higher price can actually be a costly strategy once you factor in the cost of repairing the property, the carrying costs while you wait months for an agent to find a buyer, and then the agent’s commission (usually thousands of dollars).
If you’re wondering, “what if my condo won’t sell during a divorce in Orange County?” and if you want to sell your condo fast, a real estate buying firm like ours is the fastest and simplest choice to get the property out from the middle of your divorce, give you money for it, and allow you to wrap up this portion of the divorce proceedings.