Marrital Home and Boat negotiations

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Marrital Home and Boat negotiations

Postby chi6488 » Tue May 22, 2012 7:08 am

Looking for advice how to negotiate these two items. If price is not right can I just say put it up for sale and split loss??

Boat we owe 82k and I estimate based upon NADA to be worth around 60k or what any boater with knowledge would pay. Dealers list price is 79-89 and that is what she wants as selling price. I offered 55k negotiable a little. 55k because it was damaged in a car accident with 30k worth of damage which diminished its value.

The house we owe 261. Property appraisers site estimates around 251k. We have had significant sinkhole losses in our neighborhood and home are selling around 85k due to sinkhold damage. House across the street is getting repairs right now. At first I offered 251k for it. She thinks 300-325k and wants me to buy her out. I offered yesterday 230k b/c she was being a B**ch. Can I say sell and split loss or profit? She cannot qualify to get a mortgage without having a job to even think about buying it.

Could the judge step in and say one of us has to stay in the home and buy the other out? I can afford it but might now want to if it comes at a premium. Or the judge might let her stay in it and I have to pay higher alimony so she can afford mortgage if we make it to trial.

We bought a 10 acre property back november of 2011 around 70k and owe around 45k. I might want to move there and build a smaller house. 3600 sf home with 4 bedrooms and 4 baths is quite big for me and two kids at times.. I could downsize and have acreage.
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Re: Marrital Home and Boat negotiations

Postby Anything4Her » Tue May 22, 2012 7:29 am

Tell her that you will accept her valuation of the house and the boat, but she gets to keep both.
The values go on her side of the ledger.
'To argue with a person who has renounced the use of reason is like administering medicine to the dead.' -Thomas Paine
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Re: Marrital Home and Boat negotiations

Postby Trevor » Tue May 22, 2012 7:38 am

I like A4H's Paine quote, appropriate here.

You can't force someone to be reasonable in home sales. if she won't trust the professional appraisal (average of two or three even) and the advice of a real estate professional with documentation of area comps then I don't think the court can force her to accept this price or that. Perhaps you can get a date certain that the home must be on the market. But you still can't compel her to sign the closing docs at a price she doesn't like, or not interfere with home sale effort...or worse, put fistholes in drywall or sand in plumbing.

Read Ury's Getting to Yes. There is a companion workbook with forms you can use to work through your effort. Great book, it may give you some ideas.
Dual Parenting, not Duel Parenting.
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