Vendors won’t exchange

Redwino222

Op this is an awful situation.  I agree you need to set an ultimatum.  You have invested so much in his purchase, both financially and emotionally it is hard to think about walking away.  But this couple are engaged in a power struggle that could take months or even years.
 

You will lose your buyers soon if you don’t take action.

good luck.  

lookstraightahead

Op, I've been divorced, and also a buyer and a seller numerous times.

The first thing is the sale of the home is the last thing on this vendors mind (although I'm sure it's used in arguments). The hurt of splitting can be immense and overwhelming. A house sale with a divorce can drag on for years. And years.

The next thing is how desperately do you want to sell yours (not because you're buying this one, but just because you want to sell). If you are desperate, move into rented, and sell to your buyer. They won't wait around much longer. Or look for something else quickly hoping they will wait.

The third thing is - I have to agree I don't like the term 'dream' home. Mt friend has moved 12 dream homes in her marriage . You will find something else.

Lastly try not to get involved anymore. Just decide your ultimatums and stick to them. It sounds like a complex situation.

lookstraightahead

Redwino222 said:

Op this is an awful situation.  I agree you need to set an ultimatum.  You have invested so much in his purchase, both financially and emotionally it is hard to think about walking away.  But this couple are engaged in a power struggle that could take months or even years.
 

You will lose your buyers soon if you don’t take action.

good luck.  

Exactly this.

GeordieGeorge

Thrugelmir said:

loosingmymind said:

Thanks for the advice. I just can not believe that people behave like this. On the surface they seem like respectable people but the lack of honour or integrity is astonishing. 

Not clear why you've become personally involved in matters which are none of your business. Decide upon your course of action and inform the agent accordingly. The vendors then can either try and resolve matters in the timeframe. Or decide to pull out of the transaction. 

None of their business? What a ridiculous thing to write. It’s absolutely their business as it’s impacting them in a major way.

cannugec5

I have been in that situation- buying a house and learning very late in the day it is due to divorce. In our case the husband was using the house as leverage for contact with the children. Between the couple there were seven children - his, hers and theirs so it was all complicated. We wanted no part of it. 

So as many on here have suggested we gave an ultimatum - exchange within 2 weeks or we walk away. Whether or not they settled their differences I have no idea. But they exchanged!   20 years later we are still in the same house. 

lookstraightahead

cannugec5 said:

I have been in that situation- buying a house and learning very late in the day it is due to divorce. In our case the husband was using the house as leverage for contact with the children. Between the couple there were seven children - his, hers and theirs so it was all complicated. We wanted no part of it. 

So as many on here have suggested we gave an ultimatum - exchange within 2 weeks or we walk away. Whether or not they settled their differences I have no idea. But they exchanged!   20 years later we are still in the same house. 

Did the kids stay ? 😂😂