verbatim 1 Report post Posted August 11, 2003 Seller says she HAS to sell home before the divorce is finalized. I've read of others taking the homes of divorcees sub to so I know they do not HAVE to sell it but I dont know how to possibly change her way of thinking. It's in her name only but he's the 1 living in it now. She listed for 335k 5 months ago & just dropped it to 310 recently. I said "if i can close in 10 days all cash, what would be the lowest offer you would take?" 'I just want to net 100k she says' loan bal is 129k [bought for 140k 6 years ago] & she says home 'needs 15k to make immaculate.' 310-129-100-15=66K equity if it would sell for that. She's offering to sell at 79% of present listing price. How would you alter/structure the deal & negotiate with the seller to make it attractive for you? And how do i get around this HAVE to sell line? Share this post Link to post Share on other sites
MichaelC 160 Report post Posted August 11, 2003 how do i get around this HAVE to sell line?verbatim, if the property is in her name only, does the soon to be ex-spouse have any legal interest in the property? If not, she probably does not need to sell but, instead, wants to sell. Understandable, of course, in light of a divorce. But, if that is the reality you must guide her along to this same conclusion. Of course, I don't have all the details, and you may not, either. Have you asked her what her "Plan B" is if you don't buy the property? What is the true and accurate FMV of the property, by the way? Have you run any comps, yet? Share this post Link to post Share on other sites
