Posted by JoeKaiser on October 11, 2000 at 01:31:45:
If they got divorced, then someone likely got the house and the other person has a lien against it. The wife may not have a say in the matter. I’d pull the file and take a peek.
Joe
Posted by JoeKaiser on October 11, 2000 at 01:31:45:
If they got divorced, then someone likely got the house and the other person has a lien against it. The wife may not have a say in the matter. I’d pull the file and take a peek.
Joe
Buying 1/2 a house? - Posted by MCF
Posted by MCF on October 11, 2000 at 24:14:41:
I have a property I found and it is a really good deal. It’s a large house that is a fixer. The
husband and wife have gotten a divorce and it is really messy with restraining orders etc. The
husband wants to sell and pay off the wife who is supposed to get 10k from the sale per the
divorce decree, but the wife says she wants more and won’t talk to me because she thinks me
and the husband are doing something sneaky. (He just called an “I buy Houses ad” I have
never met him…I made him a decent offer.
Now since she won’t talk to me and her new boyfriend was really ugly to me personally the
husband is thinking about just selling me his half and then she will have to deal with me…can
this be done? Can he force a sale…she is really being unreasonable.Can someone sell 1/2 a
house…if so…do I want to own 1/2 a house?
Thanks,
MCF
Re: Buying 1/2 a house? - Posted by dewCO
Posted by dewCO on October 11, 2000 at 22:21:31:
First read “Getting on the same page with Seller” in the How to Articles (if she is on title). Then you need to talk to her (not the boyfriend). Can you make it worth her while with some $$$$$.
There is a great post from a couple of days ago regarding dealing with divorce situatino where they hate each other and are at each others throats.
Re: Buying 1/2 a house? - Posted by Stacy (AZ)
Posted by Stacy (AZ) on October 11, 2000 at 15:19:45:
Last year I bought a house from a guy who was divorced three years prior. The divorce decree stated that the house was his property after the divorce. However, that didn’t mean a thing, since he never got his ex to quit-claim her interest to him. Her name was still on the deed.
I went through quite an ordeal with this guy while he tried to get her to sign a quit claim, and I even called the wife myself. She would have been happy to sign a quit claim, but only for $10K, even though she had no right to do this according to the decree.
The seller had to contact his attorney and threaten to bring the ex-wife into court. Luckily, she saw the light and signed the quit claim. This took about a month, but ended up being well worth it in the long run.
You need to see if the ex-wife is still on title. Maybe she signed a quit claim at the time of the divorce…who knows, you could get lucky. If so you can just deal with the ex-husband, and he’ll have to make sure she gets the $10K after the sale.
If she’s still on title, I’d not want to buy the ex-husband’s interest. Even though the ex-wife is technically only owed $10K if you ever would try to resell, she could still keep you from selling by not signing a deed to the buyer. I would think she could force you to bring her to court if she wanted to. Too much uncertainty for me.
I’m not a lawyer, so this is just my layman’s take on it.
Stacy
Re: Buying 1/2 a house? - Posted by Annly
Posted by Annly on October 11, 2000 at 13:02:39:
This smells real bad to me. Who has possession of the home? That’s who you will have to deal with. My feeling is stay away until they are ready to deal together with you for all the house. There’s always
N E X T