Divorce can be a difficult and emotional process, and selling a house during divorce can add an additional layer of complexity. In Hawaii, divorce laws are governed by the Hawaii Revised Statutes. In this blog post, we’ll discuss how to sell a house during divorce in Hawaii, what to expect, how the property is distributed, and include helpful government links.
The first step in selling a house during divorce in Hawaii is to determine ownership. If the house is jointly owned, both spouses will need to agree to the sale.
Reach an Agreement
Next, you’ll need to reach an agreement on the terms of the sale. This includes determining the sale price, who will be responsible for paying closing costs, and how the proceeds will be divided.
File a Divorce Petition
If you haven’t already filed for divorce, you’ll need to file a divorce petition with the court. The court will need to approve the sale of the property.
Hire a Real Estate Agent
Hire a real estate agent who has experience selling properties during a divorce. They can help you navigate the process and ensure that the sale is completed in a timely manner.
List Your Property
Once you’ve hired a real estate agent, you can list your property for sale. Be sure to disclose that the property is being sold during divorce.
Distributing the Proceeds
Once the property is sold, the proceeds will need to be distributed according to the divorce settlement agreement. This may involve paying off any outstanding debts, dividing the remaining proceeds, or transferring ownership of other assets.
If you’re selling a house during divorce in Hawaii, there are several government links that you may find helpful:
- Hawaii State Judiciary – Family Court: https://www.courts.state.hi.us/courts/family_court
- Hawaii State Bar Association – Family Law Section: https://www.hsba.org/HSBA/For_Lawyers/Sections/Family_Law.aspx
- Hawaii Department of Commerce and Consumer Affairs – Real Estate Branch: https://cca.hawaii.gov/reb/
Sell My House Fast in Hawaii with Favor Home Solutions
At Favor Home Solutions, we understand how complicated it can be to sell a property during a divorce. With us, selling your home is simple, stress-free, and straightforward. Our service is free of hidden fees or extra charges – we’ve got you covered! With our fair cash offer, you can start a new chapter in your life as soon as 14 days from now. Get in touch with us today!