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Divorce is one of life’s most challenging transitions, and selling a shared home can add even more stress. If you and your spouse own a home together, deciding what to do with it can be complicated especially when emotions run high and financial concerns arise.
The good news is that you have options. Whether you need to sell quickly to divide assets, avoid long legal battles, or move on with a fresh start, Favor Home Solutions is here to help. We buy houses in Tennessee as-is, for cash, eliminating the need for repairs, showings, and waiting months for a buyer.
In this guide, we’ll walk you through the best ways to sell your home during a divorce, the challenges you may face, and why a direct cash sale might be the easiest solution.
Selling a home during a divorce isn’t just about finding a buyer it’s about coordinating finances, emotions, and legal matters while navigating a stressful life transition. Here are some common challenges:
When selling a home during a divorce, you and your spouse have three primary options:
Listing your home with a real estate agent is the traditional route. However, this process can take months and may not be ideal if you need a quick resolution.
Pros:
✔ Potential for a higher sale price
✔ Allows time to attract competitive offers
Cons:
❌ Repairs and upgrades may be needed
❌ The sale process can take months
❌ Real estate agent fees and closing costs reduce profits
In some cases, one spouse may choose to buy out the other’s share of the home. This requires refinancing the mortgage and ensuring that the buying spouse has the financial ability to take over full ownership.
Pros:
✔ Allows one spouse to keep the home
✔ Can avoid selling in a down market
Cons:
❌ One spouse must qualify for refinancing
❌ Legal and financial complications may arise
A direct cash sale to Favor Home Solutions allows you to sell quickly, avoid realtor commissions, and move on with your life without waiting months for the market to respond.
Pros:
✔ Fast closing (as little as 7 days)
✔ No need for repairs or showings
✔ No real estate commissions or fees
Cons:
❌ Cash offers may be slightly lower than market value (but save thousands in fees and time!)
If you decide to sell your house on the market rather than through a direct buyer, consider these steps to speed up the process:
Dividing real estate in a divorce isn’t just about finding a buyer. There are legal and financial factors to keep in mind:
Tennessee follows equitable distribution laws, meaning marital assets including your home are divided fairly, but not necessarily equally.
Tip: Consulting a divorce attorney can help clarify how proceeds will be split.
If both spouses are on the mortgage, you’ll need to decide whether to pay it off with the sale or refinance under one name. Selling to a cash buyer eliminates mortgage liability quickly.
Selling a home may trigger capital gains taxes if your profit exceeds IRS thresholds. The IRS provides tax guidance for divorcing homeowners
Yes. You can sell your house before, during, or after the divorce. We’ll help you close quickly and fairly.
We can work with both parties to coordinate the sale and ensure transparency throughout the process.
Not always. We can arrange for separate signings or remote closings if needed.
We can close in as little as 7 days, or whenever both parties are ready.
