The housing market in my area is really in the toilet. At least half the homes on my street have FOR SALE signs and they are not moving. Is it ever advisable for divorcing couples to not sell the matrimonial home until later - after I've had a chance to repair and renovate - or after the economy hopefully improves? Would it not be to the benefit of both of parties that I try to get the best price possible?
As per our separation agreement, I have exclusive possession. The cost of maintaining the house is very reasonable compared to rentals in my area. Problem is the STBX has been pushing for a quick sale regardless of the home's evaluation estimate. He's not thinking straight - I don't want to sell the place at a ridiculous discount?
I suggested to him via my lawyer that I could rent the home to a mutual relative and split the proceeds with STBX, this would give me time to fix the place up and generate some cash flow - STBX refused, just wants to sell asap at whatever price.
I seem to be at an impasse, home's aren't selling unless drastically reduced, getting the home all prettied up will cost me more $$$ and STBX wants a quick fix ... now what?
I suppose this is more of a rant than a question, though I would appreciate input from those who have been there.
Thanks,
As per our separation agreement, I have exclusive possession. The cost of maintaining the house is very reasonable compared to rentals in my area. Problem is the STBX has been pushing for a quick sale regardless of the home's evaluation estimate. He's not thinking straight - I don't want to sell the place at a ridiculous discount?
I suggested to him via my lawyer that I could rent the home to a mutual relative and split the proceeds with STBX, this would give me time to fix the place up and generate some cash flow - STBX refused, just wants to sell asap at whatever price.
I seem to be at an impasse, home's aren't selling unless drastically reduced, getting the home all prettied up will cost me more $$$ and STBX wants a quick fix ... now what?
I suppose this is more of a rant than a question, though I would appreciate input from those who have been there.
Thanks,
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