Divorce is a stressful and emotional process. And one of its most challenging aspects is determining what to do with the marital home. For many couples, the house is their most valuable asset, and deciding what to do with it after divorce can be complicated.
If you find yourself in this situation, here are some things to do with your marital home—or in some cases, your shared real estate in Baltimore, Maryland:
- Sell the House
If you and your ex-spouse cannot agree on who will keep it, selling the house for cash can be a good option. A real estate investor like us, Both Sides Win Investors LLC, can ensure you a quick deal—all without having to work with a real estate agent and pay commissions.
- Buy Out Your Ex-Spouse
If you want to keep the house, you can buy out your ex-spouse’s share of the property. That involves getting an appraisal of the house and negotiating a price with your ex-spouse. However, if you are not a professional home buyer in Maryland, this may overwhelm you financially and emotionally. Make sure to think it through.
- Co-Own the Property
If you and your ex-spouse are on good terms, you can choose to co-own the property. That involves drafting a legal agreement that outlines each person’s responsibilities and rights.
But, if both of you decide to let go of your now unwanted property, deal with a legitimate investor. Doing so will help you move on from the emotional and financial burden caused by divorce without experiencing a stressful selling process throughout.
Contact us if you’re looking for a legitimate home buyer that can provide you with an all-cash offer for your unwanted property! We’ll be glad to take your burden away.
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