Imagine putting an offer in on your dream home only to attend the pre-inspection walk-through to learn that a bitter, divorcing husband flooded the house the night before by leaving all of the faucets running. That actually happened with a New York home where the husband just didn’t want the wife to have money from the home sale proceeds.
We always hope that when we have an accepted offer on a home that we will actually close, but there can be hiccups along the way due to the family dynamics of the sellers. And when divorce is involved, fingers crossed that you’ll even get an accepted offer.
Read what the experts have to say about buying a divorce home.
There are many reasons people sell their homes, and sometimes divorce is one of them. Buying a “divorce” home can have its ups and downs. Some buyers speak of getting great deals on the price or even the household furnishings because a spouse just wants to dump what reminds them of their ex so they can move on with their lives, but some other buyers find some divorcing couples can’t even agree on what price to sell the home for and the deal to buy their dream home can, well, be washed down the drain in an instant.
In the AOL Real Estate article “Buying a ‘Divorce Home Has Its Perks,” experts outline five tips to help a home buyer determine how to figure out if the sellers are divorcing and how to possibly relieve stress on your end if you find you put in an offer with a feuding couple.
Some of the tips: The closet reveals a lot, and so do the neighbors, but if you put in an offer anyway, expect delays. Just know how to put the power in your own hands. Read the AOL piece here.
What are some of the horror stories you’ve experienced with selling a divorce home or buying one?
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