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selling the house due to divorce
Comments
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ellywellywoo wrote: »No its not violence related but for reasons i can't really go into on here i don't want to move back.
We both need to move on and start new lives but with this house we just can't. - That's fine. But at the minute there's no pressure to proceed (not that I think he's doing anything wrong) and to be frank, sales of expensive properties take time - and it's now coming into winter. I suspect you will be in the same position for a while.
We have a dog and i was going in every day to et him out and walk him. My parents have the dog now so i don't need to go in other than to clean before a viewing. - And he's fine with you taking the dog?
Our daughter who is at uni sometimes stays there when she's home and I also go in and make sure its nice for her homecoming.
She wants the house sold too as says the house is soul less now. - ultimately her wants are irrelevant - legally speaking.
Anyway I suppose there is not much i can do other than sit it out and hopefully after Brexit it will sell.
Brexit really wont have any meaningful impact on house prices and sales rates. People will still need homes.0 -
If the house has been for sale since May with no offers (6 months) – it’s overpriced.
Just because the property is marketed at “offers in excess of” means nothing. Buyers will put in an offer based on what they think the property is worth and given that you’ve had no offers – they think it isn’t even worth putting a cheeky offer in. That should tell you all you need to know.ellywellywoo wrote: »He is saying that he won't accept less than 575,000 as that was what it was originally valued at.
He is saying he needs this amount to be able to afford a desirable new property in the same area.
He’s told you he won’t accept less than £575k. All he is doing now is wasting everyone’s time. Potential buyers by having them view a property he has no intention of selling, the EA by marketing the property for a price he has no intention to sell at and you for stringing you along thinking that you will sell anytime soon.ellywellywoo wrote: »Anyway I suppose there is not much i can do other than sit it out and hopefully after Brexit it will sell.
Yes, all you can do is wait…........until another 5 years have passed and then before you know it, 10 years etc. Your ex has no reason not to stay put where he is. He is comfortable. Single man living in a large house in an affluent area vs single man living in a studio or 1 bed flat in a much less desirable area (if he had to sell for what the property sold for and not his dream figure). Of course he doesn’t want to sell!
Who is paying for the mortgage/bills at the moment? Are you still paying half?
You have 2 choices:
1. Carry on with the charade that you are “selling” and wait years until you find a buyer willing to pay the £575k that your ex has specified. Although if it does end up as years, you may find that he thinks the house has increased even more in value and therefore he will revise his estimate up again. Repeat ad infinitum.
2. Go to court to enforce the sale and move on with your lives.I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com0 -
Your ex husband has no incentive to go anywhere. If he sells he won't be able to stay locally, whereas by hanging around dragging his heels, he can.
Your only choices are 1) talk him round into accepting a lower offer, 2) move back in and make selling the more attractive option, 3) go to court.
If you've really exhausted 1) then only you can decide between 2) and 3).MSE aim: more thanks than posts :j0 -
If your at the divorce stage you could insist on an independent valuation by a local surveyor via your solicitor.0
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Your husband is being unreasonable.
You may end up having to apply to court to get a formal order and a sale, but ideally you want to avoid that,.
in the first instance, start speaking to the estate agents. Ask them to let you have, in writing:
1. details of all of the enquiries they have had
2. details of all of the viewings (dates, any offers etc)
3. Details of any feedback they have had from viewings
Their recommendations to achieve a sale, including their view on how long it will take to sell the property and the reasons for their recommendation (e.g. if they are recommending that the price is dropped, can they say why, e.g. with references to other sold properties.
if you have not already done so, have a chat with your solicitor as well (or if you don't have a solicitor, go to see one. 50/50 is usually only the right split where everything else is also the same, e.g. no children, equal incomes for both parties. if those things are not all equal, then consider whether the proposed split is the right one, even if you do manage to sell the house!All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)0
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