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Old 08-01-2017, 09:50 AM
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arabian arabian is offline
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Join Date: Jan 2011
Location: Western Canada
Posts: 9,968
arabian will become famous soon enough

Sounds as though your home was overvalued to start with.

Don't look at it as you taking a hit because it's a hit from nothing.

Home is only worth what someone is willing to pay for it.

Upside of your wife buying it is it will be done once and for all. The current "low ball" offer can fall through and then you are again waiting and you may find yourself having to drop the price yet again.

I'd sell the home to the best offer and insist that your wife go through the proper process (providing non-refundable deposit etc). You can also ask that she pay all closing costs.

IMO it's time to let the home go, get your money, move on.
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