Sell Your House During a Divorce Fast in Kansas City MO

As Missouri is not a community property state, if you are the sole owner of the property, you can sell the house before a divorce without your spouse’s consent.

If you are already going through a divorce process, a judge can order a sale of the property as well.

Yes, we buy marital property in Kansas City Missouri and the surrounding area. If you’re interested in selling your house for cash, contact us for an obligation-free offer.

A Kansas City cash home sale can be done quickly, sometimes in a matter of a week or two when selling to a cash buyer, but there are several considerations.

If your name is the only one on the property title, you can sell the house when both of you agree to sell as part of a no-fault or mutual consent divorce.

However, if the judge ordered your house to be sold as part of a fault-divorce decree, you have to wait until the divorce is finalized.

If the divorce proceedings have already divided the joint property, the spouse receiving rights to the house can sell once the title has been transferred and the divorce has been finalized.

Missouri law requires a couple to wait 90 days to finalize a divorce.

If both spouses are responsible for the mortgage, the terms for satisfying that loan need to be arranged with the lender. The same is true for any other liens on the property.

We can assist you in handling the legal details of titling and paying liens during the sales process. We have experience dealing with these complex issues.

We look for many types of ‘as-is’ properties in Kansas City Missouri, and the surrounding area. We purchase damaged properties, and houses with the following conditions:

We’re investors, not real estate agents who expect you to transform your house into a turnkey property before selling.

When you offer your house ‘as is’, we understand that we’ll find problems, and many items that need repair.

Black mold, fire damage, foundation damage, and all other defects. We’re interested in buying your home as it looks today. You don’t need to repair anything to sell to us.

We look for property of all types, and we also buy vacant land:

These are just a few of your advantages when you sell to us:

The quickest way to sell a house in Kansas City Missouri, during a divorce is to sell to a cash buyer ‘as-is’.

Because we don’t need a mortgage to buy your house, you’ll avoid home inspections and house appraisals required by lenders and the time waiting for traditional mortgage loans to finalize.

The answer to this question depends on the type of divorce filing.

Missouri has several types of divorce filings. Couples agree to the terms of the divorce, including division of real property, in a mutual consent and no-fault divorce.

The time you have to sell in these divorce proceedings would be a joint agreement.

In a fault-based divorce, the proceeding involves a judge who hears both sides of the divorce complaint. The judge weighs the arguments for division of assets, including a house.

The magistrate then makes the final decision on the sales calendar in this divorce filing.

When your ex-partner refuses to sell the family house, there are several options for action.

You may be able to purchase your partner’s interest in the house. This can be done by using cash or trading other assets assigned to you as part of the divorce decree.

A judge may force your ex to sell your house during a fault-based divorce.

This ruling requires the partner wishing to sell to outline the reasons selling is the best option and present those to the judge for a ruling.

Once a divorce has been finalized granting you ownership, and you are the only name listed on the title, your ex-husband doesn’t have to give consent for you to sell.

You can sell at any time after the state-mandated 90-day waiting period.

If the divorce proceeding hasn’t been finalized, and if the house is held as your sole and separate property, then you may be able to sell without the former partner’s permission.

The house might be excluded from any divorce restrictions when you hold it as your sole and separate property.

When a mutual consent or no-fault divorce petition is filed, and the couple agrees to sell as a short sale, that sale can happen at any time during the divorce.

If the filing is a fault-based divorce, then the judge must approve a short sale. The magistrate will then set the closing date after the lender agrees to the sale.

The cash proceeds from a home sale are easy to divide between former partners, while the value of a house is more difficult to assess and divide.

A home appraisal uses the comparable sales in the surrounding neighborhood over the last few months to establish a fair value for the property.

If you haven’t had a recent neighborhood sale, or the last property sold below market value, you may not receive full value for your house during a divorce proceeding.

The value of the home may also decline over the time you wait for the divorce to finalize, particularly a house that’s left vacant or when upkeep is deferred until after a divorce decree.

The only way to know the market value of the house is to sell the property and divide the proceeds of the sale.

Divorce Filing: The first step when you sell a house when going through a divorce is to jointly agree to sell or have a judge order the sale of the property.

Selling During a Fault-Divorce

Permission to sell: The court reviews the document filed by one or both spouses and allows a sale that aligns with the best interests of both parties. A real estate agent, or an investor, is selected to handle the sale.

Marketing the property: The house is advertised for sale.

Court approval: When you receive an offer you’d like to accept, it’s presented to the court for approval. If you and your spouse can’t agree, the judge will make the decision by using property appraisals.

Closing: The proceeds from the sale are distributed according to the divorce agreement after deductions are made for fees, closing costs, and any commissions.

Final accounting: The closing document summarizing the sale’s proceeds and expenses is presented to the court.

 
Selling During a Mutual Consent or No-fault Divorce

Listing: The couple agrees to a listing method. This might include hiring a real estate agent or selling the house to an investor.

Marketing the property: Your property is advertised for sale.

Accepting offers: Your review offers and accept one of them.

Completing the sale: Once an offer is accepted, escrow and title will be completed by state-licensed professionals. Any liens are satisfied during this period.

Final accounting: The final closing documents will list the division of the house proceeds between the former partners following the divorce decree.

Selling land works the same way as a residential property sale. An exception happens when the parcel undergoes a land survey as part of the listing step.

The parcel is listed with a real estate agent or it can be sold directly to a property investor such as our company.