How immediate is a court-ordered sale of the Marital Home?

[ThePinkPussycat]

One possible outcome of my court proceedings re financial settlement after my recent divorce is that the court will order the immediate sale of the Matrimonial Home (kids all grown, btw).

I know we will have to pay to have a valuation for the court. Will the valuation include a discount for quick sale, or what? Presumably we would have to take the first offer that met the 'official' valuation?

How long does this take in practice? It's fairly big and modern, not much demand atm.

Hi donker. my BILs exP was also as cunning as a fox who had taken a degree in foxy cunning! She had estate agents valuing the home very low so her buy out price was much less, as in there is asbestos in the artex! (banned around 20 years earlier!) and on and on, even the estate agent confessed to BIL what she had said and upped the valuation, so be wary if he offers to buy you out. Jointly pay for a proper surveyor to value it. Its taken BIL 18 months so far and she is still going to breach the court order to pay him his money by around a week according to our latest email despite insisting she needed 3 months to organise the new mortgage. She takes it all to the brink!

Its a power thing too. Just hope it all goes right for you. You just have to keep in mind that they will wriggle and squirm but over time you can back them into a corner if right is on your side!

What happens if a judge orders a surveyor within 60 days for a valuation of a home after a divorce and you don't do it because you need more time to wait for a painter and a bricklayer etc to get the best valuation?

Sometimes the court will order who is in charge of showing people round in acrimonious cases and even that the house goes to auction with no base price if not sold by a certain date.

I don't agree that because you are older and the children grown you cannot stay in the house - I cannot understand why you could not get equity release - there are plenty of those schemes around. You might not want that but surely it's an option if there is a lot of equity in there.