Nearly half of all married couples end up divorcing each other. This is an astounding figure, something that has convinced lawyers to major in divorce law to ensure their clients get the best deal possible. Fortunately, there are many divorce lawyers in Buffalo NY. Many of them have a lot of experience while some are newbies in the industry. It is important to note that all lawyers are not the same, so it’s crucial for feuding couples to find the best divorce attorneys in the city.
Divorce cases are not always settled in court. If both parties agree on how to share their marital property, alimony, child custody and child support, the case can be concluded without ever going to court. A divorce lawyer can help the parties to negotiate a settlement that is acceptable to both of them. He or she can also advice the couple to sell the house before the divorce to avoid complications. A house is a large part of the marital estate, but selling it can be a challenge considering there may be a huge unpaid mortgage on it. Selling the house will make it easy for the parties to divide the equity they have in the property.
Benefits of Selling to a Private Investor
Since there may be no time to put the house on the market, couples that are going through a divorce may want to consider selling the house to a private real estate firm. Property brokers usually ask for huge commissions and they also have a track record of taking more than a month to sell property. Furthermore, the price they get may not necessarily be the best. Private real estate investors, on the other hand, have their own money so they can make a cash offer and conclude the deal in a matter of days.
The best thing about selling to a private investor, such as Arcane Properties, is that there is no need of painting, renovating or fixing up the property to make it more attractive to potential buyers. The company normally buys property in any condition. This can save you a significant amount of money. After all, renovations can cost tens of thousands of dollars and waste a lot of time.
Private investors buy directly from the seller and they do not charge a commission. You may be wondering what the catch is. Well, these firms usually pump a lot of money into remodeling and renovating the property with the aim of increasing its market value. Once they make a sale, they can realize a decent profit. This means they can afford to quote a reasonable price and pay cash for the house.
Brokerage fees and commissions are not the only charges that brokers impose on real estate transactions. They also have other charges, such as advertising costs. Private investors do not charge any fee. They simply do background research on the property to determine who owns the property, the outstanding mortgage balance on the house and its current market value. After the valuation, they can make an offer and complete the transaction in a couple of days. That’s all.
Divorce proceedings are never easy, so having competent legal representatives on your side can make the process of dissolving a marriage much easier. It will also ensure that the marital estate is divided fairly and children are well taken care of through proper custody and sufficient child support payments.
When looking for a divorce attorney to hire, there are several important factors to consider. For instance, the area of expertise of a lawyer should be considered. A family lawyer who specializes in divorce cases should strongly be considered. The number of years a lawyer has been practicing is also an important consideration. Normally, the most experienced lawyers offer the best legal representation. Next, you need to compare the hourly rates charged by attorneys on your shortlist. Ideally, you should give strong consideration to experienced lawyers who specialize in family law, have a great track record and charge the lowest rates. Please note that the type of lawyer a person hires will have a big impact on the outcome of the case. After hiring a lawyer, you can get an overview of the whole process and get answers to any question that you may have.