When my husband and I divorced, the situation turned rather nasty.
We had accrued quite a bit of credit card debt.
I just wanted to walk away. I grew up in the northeastern part of the country and had moved to Florida for my husband’s job. I never got accustomed to the heat and humidity. I never made friends, and I missed my family. I was anxious to head back to my hometown. About the only asset my husband had purchased together was our house. With a limited budget, we bought a fixer-upper. Unfortunately, we couldn’t afford renovations. Despite keeping the property clean and tidy, the value steadily diminished. The roof leaked and caused water damage to the structure. The porch was unsafe due to termite damage. There was a problem with water pressure and drainage. We needed a bungee cord, the refrigerator door shut, and the air conditioner was just about worthless. Without making necessary repairs to pass a home inspection, I saw no hope for selling the house. Any buyer who required financing would never manage to secure a bank loan for such a dilapidated piece of property. I also didn’t want to give up a percentage of the profit to a realtor or hang around in Florida waiting for the house to sell. I finally got the idea to contact a company that buys properties in Jacksonville for cash. They aren’t concerned with the condition of the house. They don’t require an inspection. My husband agreed to split the cash with me. The closing was handled in under ten days.