Choose SoldEase, Your Trusted Cash Home Buyers in Virginia Beach
Going through a divorce is challenging. When you factor in the complexities of selling your marital home, the process can feel overwhelming. However, with the right knowledge and guidance, you can navigate this transition successfully.
Unlock Instant Cash: Sell Your Virginia Beach Home Fast with SoldEase
Ready to turn your house into cash? Connect with SoldEase today and explore how easy and rewarding selling your house for cash can be.
Request an
offer online
Submit your
information and
receive a cash offer.
We inspect and
make an offer
We'll inspect
your home & make a
hassle free offer
You pick the
closing date
You pick
the closing date and
when you want to move*
Selling A Home Is As Easy As 1, 2, 3!
* SALE MUST CLOSE WITHIN 10 – 90 DAYS AFTER ACCEPTING OFFER.
What to Know Before Selling Your Home in a Virginia Beach Divorce
Community Property vs. Equitable Distribution
It’s crucial to understand whether Virginia follows community property or equitable distribution laws when it comes to dividing assets during a divorce.
Virginia is an equitable distribution state, meaning the court has the authority to classify property as separate, marital, or hybrid, and then distribute the marital property equitably between the spouses.
This does not necessarily mean a 50/50 split
Court-Ordered Home Sales
If you and your spouse cannot agree on what to do with the marital home, the court may intervene and order the sale of the property.
This is known as a forced or partition sale.
While it can be a hassle and prolong the divorce process, being aware of this possibility can incentivize both parties to negotiate and reach an agreement, leading to a faster and less contentious resolution.
Biased Agent Referrals from Attorneys
Some sellers get a real estate agent referral from their divorce attorney, which can be problematic.
These “scratch my back, and I’ll scratch yours” arrangements often mean the agent may prioritize maintaining their relationship with the legal professional over your best interests, especially if they’re trying to secure future referral business.
Is It Better to Sell Before or After the Divorce?
Generally, it’s better to sell your home after a divorce agreement is in place but before the divorce is finalized. This approach can offer several advantages:
Avoid (or Minimize) Capital Gains Tax
Selling after the divorce agreement but before it’s official can lead to substantial tax savings, especially if there’s considerable equity in the home.
The capital gains tax exemption drops from $500,000 for married couples to $250,000 for singles.
Put the Emotional Ties in the Past
Selling before the divorce is final can help put emotional ties to the home in the past, simplifying the process and aiding in a fresh start.
Reduce Chances of Disagreements
Selling after agreeing on terms with your spouse but before the divorce is official can reduce the chances of disagreements, as a formal agreement in place clearly outlines expectations and responsibilities, leading to a smoother, less stressful sale.
Sell Your House As-Is, Anytime, Any Situation
Buying Homes for Cash Across Virginia Beach
Property in bad condition
We don't care if your home needs major or minor repairs. We buy it as-is.
Financial Distress
Need cash fast? Sell us your house as-is in Virginia and we'll secure the cash as soon as possible.
Vacant home or Problematic Tenants
We take care of all the legal issues involved in buying a home in Virginia.
Inherited Property
Don't know what to do with that inheritance? Turn it into cash by selling your house to us.
Job Relocation
If you have to move, we’ll buy your house fast with a cash offer that will help you find a new place.
Structural Issues
Any challenge, condition o situation is not a big deal. We’ll buy your house in Virginia, no matter what.
Fire, Mold, or Water Damage
A house with that kind of damage is difficult to sell. Unless you decide to sell it to us for a fast cash offer.
Unexpected Life Events
Turn your home into an opportunity to get ahead. We’re not here to judge, only to provide you with the highest and fairest offer.
The Best Way To Sell Your House in Community!
We Are Your Trusted Virginia Beach Cash Home Buyers. Many Clients Prefer Us!
How to Sell Your Home During a Virginia Divorce
When selling your home during a divorce, consider using a cash home buyer like Sold Ease. Sold Ease can provide a fair cash offer and handle the entire sales process, completing the transaction in as little as 7 days.
This streamlined approach can remove the emotional burden and potential conflicts that often arise when selling a home during a divorce.
Streamlining the Sale with a Cash Home Buyer
When going through a divorce, the last thing you need is a drawn-out, stressful home sale. This is where working with a reputable cash home buyer like Sold Ease can provide significant advantages:
Speed and Efficiency
Sold Ease can typically close on a home purchase in as little as 7 days.
This lightning-fast timeline stands in stark contrast to the months-long process of a traditional home sale involving listings, showings, inspections, and mortgage approvals.
The rapid close-out allows both parties to move forward more quickly with their lives post-divorce.
No Repairs or Staging Required
A cash home buyer like Sold Ease purchases properties as-is, so there’s no need to pour time and money into costly repairs or extensive home staging.
This eliminates a major source of contention and financial strain that often arises when trying to prepare a home for the traditional market during a divorce.
Impartial Transaction
Working with a cash buyer like Sold Ease removes the potential for bias that can sometimes creep into a home sale handled by a real estate agent referred by one spouse’s divorce attorney.
Sold Ease approaches the transaction purely from a business perspective, keeping the process fair and objective.
Reduced Emotional Burden
Selling a family home during a divorce can be emotionally draining. Ease’s efficient, no-fuss process helps minimize the emotional strain, allowing both parties to focus on the legal and financial aspects of the divorce rather than being bogged down by the logistics of a traditional home sale.
Avoiding Financing Hassles
A major advantage of a cash sale is the elimination of financing contingencies. Traditional home sales are often derailed or delayed when a buyer’s mortgage application is denied.
With Sold Ease, this risk is removed, providing greater certainty and stability throughout the transaction.
By leveraging the streamlined approach of a trusted cash home buyer like Sold Ease, divorcing couples in Virginia can navigate the sale of their shared property more efficiently, reducing stress and conflict during an already challenging time.
Reasons Why Choose SoldEase
Experience the Simplicity of Selling: Quick, Convenient, Complete
Instant Cash Offers,
No Repairs Needed
Experience the ease of selling your home as it is, without the hassle of repairs, and receive a fast cash payment.
Simplified
Selling Process
Forget the hassle of open houses; our team conducts a swift, one-time visit to streamline your selling experience.
Zero Closing Costs,
Zero Commissions
We cover all closing costs, including those typically paid by you. Say goodbye to commission fees and hello to savings.
Immediate Cash
Purchases in Virginia
Benefit from our easy cash offers and sell your home in Virginia without delay. Our process is clear and hassle-free.
Flexible Closing, with
Option to Rent Back
Choose your closing date, between 10 to 60 days, and enjoy the option to rent back your home up to 90 days after closing for added convenience.
Seamless Transition
Guaranteed
We ensure a smooth and quick sale, and support every step of the way, ensuring you move on your terms without any stress or uncertainty.
Get your No-Obligation Cash Offer
Please fill out the form below to receive your no-obligation cash offer.
Please note: Our company exclusively offers services within the Hampton Roads, VA area and nearby cities. We do not operate outside this region.
FAQs about Selling a House During a Divorce in Virginia Beach
Do you have to sell your house when you divorce?
You usually don’t have to sell your house during a divorce, unless a judge orders you to. You may be able to buy out your spouse or remain co-owners, but this requires a written agreement.
Can my spouse sell our house before the divorce settlement?
It’s generally illegal for one partner to secretly sell the marital home and keep the proceeds. A written agreement is typically needed between the spouses to sell the home before the divorce is finalized.
What happens to the mortgage when divorcing?
Any outstanding mortgage balance will be paid off at closing if you’re selling the home. If one spouse is keeping the home, they’ll need to refinance or take over the existing mortgage payments.
Who is responsible for property taxes during a divorce?
Real estate taxes are often split equally up until the final divorce date or the home sale. The divorce agreement will specify which partner is responsible for property taxes and for how long.