
Originally Posted by
MotoGirl
I see a few of you have mentioned the possibility of buying her out of our house. Believe me, we have thought about this and it has cost us many hours of headaches!
The problem is that her expectations of the house's worth is somewhat different to what the market considers it to be worth (there's about a $40K variance). The house was bought about two years ago not long before the prices started dropping. We haven't got an independent valuation because they are too expensive so we have listed it on the market to get feedback from that. She wouldn't trust an independent valuation anyway because she has a number in her mind.
Even though an agent has received feedback from potential buyers saying it's only worth x amount, she is determined that it is worth more and she won't budge. We could only buy out her share if we pay far too much for it.
Edit: I should also add that she is sitting pretty and effectively has more money than anyone else I know. Not all of us have the luxury of living in an expensive and freehold house! The obsession with money comes from her being in her 50's with no work experience and also refusing to go out and get a job. She's trying to scrape together cash for her retirement fund so she doesn't have to earn it herself.
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