Buying Homes from Divorcing Couples
Hmmm. I just read something about buyers beware of trying to buy a home from divorcing couples. Now I don't mean to alarm anyone because quite often the transactions go just fine. But sometimes you can get into a bad situation if one spouse is being spiteful and trying to sabatoge the deal either to try and hold onto the marriage or simply for spite.
There are right around one million divorces a year. Most of those couples, or maybe I should say many, have houses that have to be sold.
Often you can find a really great buy because both parties just want to be done with the whole ordeal. Sometimes though it can be like stepping into a war zone.
I wouldn't say avoid these homes as potential flips, just know that things can be delayed for an array of different reasons.
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Delegating work works, provided the one delegating works, too.
~ Robert Half ~
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