The worst part is it’s a bad time for them and they don’t like to sell. But they still have to get everything over with and it’s up to us to make sure they don’t succumb to investors or loose money making a fast sale.
Divorce rates have been rising throughout the last ten years or so.
This is because the hotter market and hotter economy increase the number of divorces.
It’s sad, but it’s true. Since the market has gone up, they’re getting more equity in their home.
People who didn’t have the equity to sell their home previously can sell it and even make a profit.
But this isn’t any new news that money is one of the main driving forces between couples getting a divorce.
They go out and price their home at appraised value.
Then they try to get it sold, as fast as they can, to finally put an end to it all.
Some of them are even ordered by the courts to sell, and many times there’s a time put on how long they have to get it sold.
Not only that but the court can also assign a price it must be sold at, but this only happens in some cases.