Selling the House .. a couple of questions...

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rhondagirl

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We have officially agreed to sell the house and divide what remains.

He now wants to do upgrades before selling, and then get compensated for doing them out of the sale proceeds, before we divide what's left. (Read: do cheap repairs and pocket most of the money he pretends he needed for supplies and labour.) I think the house should be sold the way it is. Is he being unreasonable in this request?

How do you get together to decide on a listing agent and amount to ask if you don't communicate at all?

Thanks!
 
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Repairing holes in the drywall, a coat of paint, replacing loose hinges, and making sure handrails on stairwells are securely attached? Yes, that will improve the look of the house, make it appear well cared for, and will certainly net you more than the cost of the materials, especially if there is a lot of wear and tear.

Replacing cabinets and fixtures, retiling the floors (unless they are in decrepit condition), replacing windows, rewiring, those probably won't pay off. Most people want to personalize and do that themselves, and really any potential increase won't exceed what you pay for the materials.

It varies according to what shape the house is in, but if the materials are going to be in the order of thousands of dollars, you probably aren't going to see a huge increase in the sale price that warrants the work.
 
currently my fiance is going through the same ordeal....her and her ex agreed through their lawyers of course that house fix ups need to be done,a list of repairs was made up.We had an electrician do some work that was deemed necessary and agreed to..we paid our half the bill on the spot..her ex paid only after two months,finally he needed to be told through his lawyer to pay his debts..this kinda makes it hard to proceed forward...bottom line even if an ex willingly signs papers stating the repairs needed and agreeing to pay half on completion of work,if an ex wants to be a piece of s..t they will be miserable at every turn.............
 
One realtor I retained to sell one of our houses told me that she didn't like people to put money into houses before they sold simply because they got "re-attached" to the home and were much less enthusiastic to accept good offers when the time came to sell. She said that people tend to put too high of a value on improvements when they do the work themselves and are often unrealistic in setting asking prices. Doing anything besides obvious small repairs is just a way to stall the inevitable.
 
Having just gone through the process, I'll share my experience: I got the Judge to decide that we'd default to the real estate agent we used when buying the MH. I also asked for the agent to have the final word on the listing price. We sold "as is", people can recognize the amount that has to be invested in fixing/painting etc... We got a slightly lower price but it saved us from a whole bunch of issues, and extra tension from doing repairs while divorcing... Make sure it looks nice enough (all bulbs working, no finger marks etc) - Good luck!
 
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