I hate these. That's why they keep coming to me I suppose. I have a friend who I helped get a refinance 2 years ago and then counsel about not divorcing at that time. Don't do it says I, and give many reasons not too. All the reasons made sense at the time. Now, I get a call asking if I will help sell the home.
The parties are on talking terms but some venom has been spotted if the subject is pushed. Having friends go through this is bad enough. At least they know that I will watch over both their interests. If this is not enough high maintenance, what is owed on the house versus what it is worth is close. So, a short sale may be coming our way.
MINIMIZE THE DOWNSIDE
Both of these people are going their own separate ways and I don't want their credit ruined when they do. Of course the only other option is to make up the difference with the bank for the short fall. Of course I may have to re-adjust the ole commission too as money is tight
MY LEAST FAVORITE COMBO
Divorce, short sales, and friends still make for strange bedfellows. In addition both of these people will be renting very soon and that market requires a credit report and references. These come along every once in a while, and I will do my best to make parting not such a sweet sorrow.....
Call me...I am here for you is all I can say