Selling property owned with ex

evoke

diet_pepsi wrote: »

I've got him to lower his expected price from £210k to £207k.

The offer is the buyer's best and final offer, and even the EA thinks it's good! I just can't get him to see sense!

Have asked EA to email us the offer along with his advice to accept, but if that doesn't make him see sense, then I have no idea what next!

Others have already stated these two options but i'll summarise:

1. Give him the balance from your share of the proceeds so that he sees as the property effectively selling for £207K;

2. Pay him the difference out of your own pocket (which is along the lines of the first option).

In the great scheme of things the amount being disputed is tiny and you really ought to pursue one of those options to get the sale.

It's not the sale price that counts at the end of the day, it's what you and him are left with.

kk20

Even if this sale goes through it could be months before exchange losing you more money. If you have to wait for another offer then prices may fall and an even greater loss of money. If it was me I would either buy him out and be done with or sell and make up the difference. At least you will be mentally free of him. You have already stated you are pregnant - do you want this hanging over your head even longer for 2.5k (ish)? I know 2.5k is a lot of money but in the scheme of things you cannot buy mental health.

Or put it another way, just pretend you accepted an offer for 202k (in your own head) to justify paying him 2.5k

diet_pepsi

I have managed to get my ex to see sense, and the offer has been accepted!

(breathing big sigh of relief, as I'm quite sure we're not going to get another offer this good, particularly from a cash buyer...)

He said he'd only agree to accept if I paid him the extra, so I agreed immediately. He was a little taken aback by this (no doubt expecting an argument), so I told him that I couldn't care less, life was more important than money, and it's a shame he seems to value money more than life. Perhaps I hit a raw nerve, as he did mutter quietly that 50/50 would be fine.

I now need some more help:

The insurance is due in 2 weeks. Can I just take a pay monthly policy stating property is empty, then cancel it once sale goes through?

Also, I discovered he has a joint bank account with his new girlfriend. I have a joint bank account for flat related stuff. Could this ever affect my credit rating?

Thanks!