Going through a divorce? Sell your home fast, as-is, with no fees. Camarotti Homes offers fair cash offers so you can move forward stress-free.
If you and your spouse own a house together, it is likely one of your biggest shared assets. When you get divorced, you will have to figure out how to divide your part of the property. The simplest way to do this is usually to sell your home fast and share the money. But before you choose to sell your home in Florida, it’s important to understand the good and bad points and what steps you need to take before and after selling.
There’s a big money reason why many couples sell their home before the divorce is final. It has to do with taxes.
When you're married and sell your home in Florida, you can skip paying capital gains tax on up to $500,000 in profit. But if you're single, that amount drops to $250,000. So, if you wait until after the divorce, you might lose out on a big tax break.
To get this tax benefit, both people must have lived in the house as their main home for two of the last five years. If one of you has already moved out or won’t be living there anymore, it might make more sense to sell the house before the divorce is finished.
The good news? You don’t have to file taxes together to get this benefit. Even if you file separately, you can still claim it. That’s why many couples choose to sell their home while they’re still legally married.
Selling your home after divorce might seem like a fresh start, but selling it before the divorce could help you keep more of your money.
Learn more about the tax rules for selling a house here.
You don’t always have to sell your house when going through a divorce, but in many cases, it can be the best option. Even though selling a home during this time can be stressful, it often makes things easier for both sides.
When you bought the house together, you probably had two incomes to pay for everything. After a divorce, paying the mortgage, taxes, insurance, and repairs on your own can be tough. If one person can’t handle these costs alone, selling the house can make more sense. It also gives both of you a chance to split the money you’ve built up in the house.
Most couples both help pay for the house, even if one pays more. If both of you want to keep the house but can’t agree on who should get it, the court may have to decide. This can lead to long and difficult legal fights, which often make the divorce even harder. That’s why many people choose to sell the house and divide the money—it’s a faster and less painful process.
If one person wants to keep the house, they need to take full responsibility for it. That means they’ll have to pay the mortgage, bills, and upkeep alone. To do this, they must refinance the mortgage in their own name. This can be hard if the house was bought using two incomes. Even if they have the money to buy out the other person, the bank may not believe they can keep up with the higher payments on one income.
When deciding what to do with your home, there are three main options:
Selling your home after divorce is the most common solution. It’s straightforward, and you can split the profits. This works best if neither person can afford the house alone or if you both agree it’s time to move on.
One person can buy out the other’s share of the home. This option works if one person wants to stay and has enough money or can qualify for a mortgage on their own. Keep in mind that a buyout can be expensive and may require refinancing the loan.
Some couples choose to keep the house and co-own it after divorce. This might make sense if you want to wait to sell later, like when the market improves or if kids are still living in the home. But co-owning can be hard and may lead to disagreements down the road.
If you and your spouse have decided to sell the house during a divorce, there are a few key things you should know before getting started.
Selling a home during a divorce only works if both people agree. If one person doesn’t want to sell, things can get delayed or even stopped. It can also lead to more arguments and legal problems.
Try your best to stay calm and talk things through. You both have a lot to gain by working together. Focus on what’s fair and what helps you both move forward. If it’s hard to agree, a mediator or divorce attorney may be able to help you reach a decision.
Before you sell, it’s important to know how much your house is worth. This helps you understand how much you might make once the mortgage and other costs are paid off. Knowing the value also helps you and your spouse agree on a fair selling price and split.
One of the biggest concerns homeowners have is, “Do I have to fix up the house before I sell it?” The answer is no. You don’t have to clean it, paint it, or repair anything. You can sell your house as-is.
This is especially helpful during a divorce, when time and money are tight. It’s also a big help if your house needs repairs, but you just can’t afford it right now.
That’s where we, local cash buyers, come in.
If you’re thinking, “I just want to sell my home fast,” then working with a cash buyer like us can make life easier.
Here’s how:
So if you're selling your property after divorce, we’re here to help—quickly and fairly.
At Camarotti Homes, we understand what you’re going through. Divorce is sad and hard. But you don’t have to go through it alone. We buy houses for cash, and we buy ugly houses, too. No matter the condition, we’re ready to give you a fair cash offer. You don’t need to fix anything. You don’t need to wait. And you don’t need to pay any fees.
If you’re thinking about selling your property after divorce, and you want to avoid foreclosure, we’re ready to help right now. Contact us today to sell your home fast to Camarotti Homes. We’ll handle the hard stuff so you can move on to what’s next.
No effort needed, no hidden fees. Receive cash and a fresh start in just 7 days.
