How to Sell Your House during a Divorce a Divorce in Houston
How do you sell your Texas house during a divorce?
When it comes to divorce, Texas is a “community property” state. This means most property acquired by a married couple is legally considered owned by both partners equally. Therefore, in a divorce, community property must be divided between both spouses.
In most marriages, the largest single community property item will be a house. This is where divorce agreements can get tricky: deciding who gets the house, or if it must be sold and the proceeds split.
Separate Property vs. Community Property in Texas
Typically, any real estate owned by either spouse before the marriage would be considered “separate property” by the divorce court, and the court would not award any of that property to the other spouse.
In any case, if you are preparing for divorce, you will want to consult a divorce attorney to fully understand your legal rights to property ownership.
Selling a Texas House During a Divorce
If a Texas divorce is contested, lawyers for both sides will most likely be involved, and it will ultimately be up to the courts to decide what happens with jointly-owned property, like a house.
In either case, both spouses might decide it’s best to sell the house and split the proceedings. But that takes time. The process of hiring an agent, appraising, listing, showing, waiting for buyer financing, and closing can draw out the sale – and the divorce. That makes an already unpleasant process take even longer.
Another consideration is what process during the divorce you are in when deciding to sell your house.
Selling a Home to a Direct Buyer
Nobody likes to think about selling a house during divorce, but we are here to help. Our experienced team knows how to make the process as smooth as possible. You could be free of the house and mortgage soon and closer to moving on with your life.
To work with Absolute Properties or to simply learn more contact us by clicking here.