The winners of the doom scenario

[Bumfluff]

Get her to buy you out !?

Not an option unfortantly she can't afford it, she said if she could she would buy me out.

[BlasterBates]

I have to make a decision TODAY what to do with my place, either put it on the market or buy my ex out. I really don't know what to do, got to the point now where I might as well flip a coin. What would others here do ?

Sell

[alreadypacked]

I have to make a decision TODAY what to do with my place, either put it on the market or buy my ex out. I really don't know what to do, got to the point now where I might as well flip a coin. What would others here do ?

If you put it on the market it is will not sell for a min 10 - 12 weeks if at all. If you buy her out now, you may pay her too much. If you don't want to move now say you want to sell. When the market really bottoms out, buy her out for a less amount.

[HairyArsedBloke]

What would others here do ?

Have it valued then offer your ex @ 15% off that. If she doesn’t bite then put it on the market. It won’t sell at the full price. In six months make an offer through a Cayman/BVI shell company at 20% off and ‘strongly recommend’ the sale to your ex.

[DimPrawn]

I have to make a decision TODAY what to do with my place, either put it on the market or buy my ex out. I really don't know what to do, got to the point now where I might as well flip a coin. What would others here do ?

Get a BTL mortgage for 50% LTV and buy her out and then rent it out.

[Bumfluff]

Decision made, decide to sell up, had to switch to a sh*t mortgage rate so no early repayment fees thoug, but the orginal fixed deal they offerd me at 5.25% they said they would keep open till end of Sept so can switch if need be.

So plan is put house on the market, I'm confident it wont sell, then have a mate come round (that my ex doesnt know) and make a really cr*p offer towards end of August, I then offer to match that offer and buy ex out, could turn out well

[BlasterBates]

just for info the analysts consensus, and this is a good starting point is 20% drop top to bottom. So bear that in mind. Also this estimate has worsened from the 10-12% they predicted a few months back. The 20% is now virtually a cert. and I reckon 30% - 40% is quite possible.

[kali]

If you put it on the market it is will not sell for a min 10 - 12 weeks if at all. If you buy her out now, you may pay her too much. If you don't want to move now say you want to sell. When the market really bottoms out, buy her out for a less amount.

sell for full asking within 5 weeks


( well it did for us )