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House Sale After Divorce

3 replies

burlmouse403 · 20/04/2020 15:09

Hi, I have been divorced for over a year and continue to live in the marital home and cover all of the mortgage and bills myself and have done for many years. My ex only pays child maintenance and lives with his new partner. The marital house has been on the market for a year (since the divorce was agreed) and we have received 3 offers, all about £100k less than the asking price. My ex husband is unwilling to accept the offers we have had as he thinks they are too low, at first I was in agreement but I am now think we will need to accept a lower offer in order to sell it and so I can properly move on from being financially tied to him (we split up over nearly 4 years ago). I have offered to match the offers on the house because now the offers have been lower than the value I can probably afford to buy him out but he has refused unless I buy him out at the valuation level which I can't afford. In light of the current Coronavirus situation I think the property market will be dead for months. Our estate agent can't even carry out viewings for obvious reasons. I feel I am stuck in limbo as the house needs work doing to it but I don't want to spend lots of money if someone else ends up buying it. How can I get him to sell? Or should I just sit tight and wait it out? I would rather not get solicitors involved as it just eats up money and I have already spent enough on them but I realise I may have no choice!

OP posts:
Collaborate · 20/04/2020 16:35

If you have a court order mandating sale you need to apply back to the court for an order that the house be sold to you at whatever price the court thinks right (for which you'll need an up to date surveyors report).

If you've no court order and you've no wish to continue to negotiate then you must apply to court for a financial remedy order.

burlmouse403 · 20/04/2020 17:25

Hi, we have a court order says that the property needs to be put on the market and sold and then the proceeds split as agreed in mediation and documented in our financial consent order. There is no court order that it has to be sold to me as at the time I assumed I would not be able to afford it due to valuations being at least £100k more than we have been offered for it in the space of a year.

OP posts:
Joans3rddaughter · 21/04/2020 07:41

I would get it revalued by 3 EAs when the lockdown allows. If you have had 3 offers, all offering roughly the same amount, that it what it is worth/what buyers are willing to pay. It is a pity that so many people hold out for the sale price. Hope you are able to sort this out.

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