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Don't want to sell my house

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  • pinkshoes
    pinkshoes Posts: 20,090 Forumite
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    Just accept the offer.

    If it isn't genuine then it will not proceed.

    Is it a case of won't move or can't?

    (If you accept this offer can you afford to buy another house?)
    Should've = Should HAVE (not 'of')
    Would've = Would HAVE (not 'of')

    No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)
  • paddedjohn
    paddedjohn Posts: 7,512 Forumite
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    Match the offer on the table
    Be Alert..........Britain needs lerts.
  • TBagpuss
    TBagpuss Posts: 11,204 Forumite
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    Ultimately he does own half the house (I assume) and if he forces a sale via the courts he's entitled to receive market value for his share (effectively whatever it can be sold for).

    However if there are children in involved that may alter things. Not something I know a great deal about but the judge might order the house cannot be sold until the children reach a certain age.

    This is true where the parents are married, but for an unmarried couple the court has much less discretion, and it is much less likely.

    OP, if the offer on the table is realistic then you need to accept it or match it. If you accept that offer and the sale goes through, then while your ex will get more than you offered him, you will also get more than the equity you would have retained.

    If the offer (and asking price) are too high, then when the buyer gets their valuation or survey they may well drop the offer, and you can then re-submit your own.

    Did you get more than one agent to give advice about marketing? Do you think the offer is realistic?
    All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)
  • BrassicWoman
    BrassicWoman Posts: 3,202 Forumite
    First Anniversary Name Dropper First Post Mortgage-free Glee!
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    You need to base your offer on the market rate. If in doubt, pay a RICS surveyor to value it.

    What you don't get to do is punish him financially for having an affair; and you don't get to live a two income life on one income.
    2021 GC £1365.71/ £2400
  • Nub
    Nub Posts: 23 Forumite
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    ...The offer was very good and he would have made a very good profit in the short time we have had the mortgage...
    No it wasn't.

    If this offer makes him a lot more money, it also makes you a lot more money too. You don't need to be a cup-half-full kind of person to see this as good news... cash in and break away from the man you don't want anything to do with.

    Also try to be reasonable, forcing this through the courts is expensive for both sides.
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