Posted by Dave J on July 01, 2002 at 16:02:08:
You said:The soon to be ex-wife wants nothing to do with this guy.
She just wants to be done with him and not tied to him in anyway
dave: I would assume that yes.
You:Since you were referred to her by him, I bet that is why she is not returning your calls.
Dave: Actually we only spoke today for the first time. I didn’t leave any messages previously.
You said:So without her cooperation, your subject to is doomed from the start
Dave: Actually in the breif conversation that she and I had this morning she sounds very receptive to the idea of selling the house without a realtor. She just didn’t think it was an option because I was approached by the soon to be ex-husband. I called her out of the blue. I din’t give her the subject to pitch over the phone all I asked was if she would be open to the possibillity of selling without the realtor. She said that would be great since she didn’t have the money to pay the realtor anyway.
You said:Further proof of her wanting to be done with it is that she did sign the listing agreement and doesnt give a squat about whatever commision the realtor will get.
Dave: I think that is true. I don’t think that means that she wouldn’t be open to something creative.
You said:Where as on the other hand, the husband sees it as a way to put a few bucks in his pocket.
Dave: Actually the husband is the one who told me that he didn’t care what happened and said that he doesn’t want any money out of the deal. He said that if there were leftover he would just assume let her take them and get this overwith. He is the one bugging me to take the place. His only concern was whether or not he would be able to qualify for another home loan in the near future after all this gets settled. He was wondering how the existing home loan would reflect creditwise on his ability to qualify for another place in the future. As I understand it from searching the archives the payments on on the current house would show as a 75% credit similar to a rental property.
I still need to feel out the wife and see if she is open to anything. I know he is. My real questions yet unanswered are what steps I need to take in order to tie the place up so they don’t list it. The wife said the listing won’t occur till the 15th of this month. Your point is well taken about the two of them not wanting to be tied together at all anymore. I’m sure others have worked around this before sucsessfully. I know that the divorce situation is often a profitable one for many on this board. Thanks.