“The Cash Offer Company”
Divorce is never easy, and when real estate is involved, things can get complicated quickly. If you and your spouse own a home together in Richmond, VA, you may be wondering how to sell it fairly, legally, and without dragging the process out. This guide will walk you through your options, legal considerations, and how to sell your home as smoothly as possible during a divorce.
Who Gets the House in a Divorce in Virginia?
Virginia is an equitable distribution state, which means property is divided based on fairness, not necessarily 50/50. If both spouses are on the deed or mortgage, the house is considered marital property and will be subject to division by the court unless both parties agree otherwise.
In most cases, the court will do one of the following:
- Order the sale of the home and divide the proceeds
- Award the home to one spouse, with compensation to the other
- Allow one spouse to “buy out” the other’s equity
Learn more about how divorce works in Virginia here.
Can You Sell a House During a Divorce?
Yes — and in many cases, it’s the best option to avoid ongoing conflict. Selling the house allows both parties to move on and split the proceeds according to the divorce agreement. It’s critical to have a mutual understanding (and often a court order) to proceed with the sale.
Here are three common situations:
- Both parties agree to sell — This is the simplest route.
- One party is unwilling — You may need to go through legal channels to force a sale.
- Court orders the sale — If neither party wants to keep the home.
Why Richmond VA Homeowners Choose to Sell Fast During Divorce
Selling your house fast in Richmond helps avoid:
- Extended legal battles
- Ongoing mortgage or utility payments
- Maintenance or repairs
- Conflict over asset division
Working with a cash home buyer can ease the process. Cash buyers don’t require repairs, appraisals, or financing delays — making them ideal during divorce situations.
Should You Sell the House As-Is?
If the home needs repairs, it may make sense to sell as-is. This keeps things simple and avoids disagreements about who is responsible for fixing things.
Learn more in our guide to selling your house as-is in Virginia.
Legal Considerations in Virginia
Always consult your attorney before making decisions. You’ll need to:
- Review your divorce decree
- Understand who is legally authorized to sign closing documents
- Clarify how proceeds will be distributed
Benefits of Selling to The Cash Offer Company
At The Cash Offer Company, we specialize in helping Richmond homeowners through major life transitions like divorce. We:
- Make fair cash offers within 24 hours
- Close on your timeline
- Buy homes as-is, with no fees or commissions
- Work with attorneys and co-owners to streamline everything
Want a cash offer? Contact us today or call (804) 215-4004. You can also email info@thecashoffercompany.com for a private consultation.
Disclaimer: This blog post is for informational purposes only and does not constitute legal advice. Always consult a licensed attorney for legal guidance regarding your divorce or property rights.