NEWS
Breaking News: Ben Affleck and ex Jennifer Lopez face devastating blow after accepting an offer on their $68M Beverly Hills marital home…see more
Ben Affleck and estranged wife Jennifer Lopez’s bid to sell their $68million former marital home has hit a devastating road block.
Breaking News: Ben Affleck and ex Jennifer Lopez face devastating blow after accepting an offer on their $68M Beverly Hills marital home…see more
However, the sale of the home is now under threat after the unknown buyers ‘pulled out of escrow’ following a death in their family.
When a property falls out of escrow, it means that something went wrong with the sale of the property or some other aspect of the transaction.
Once this happens, the property is no longer under contract and be relisted for sale.
The buyers were said to have fallen ‘in love’ with their 38,000-square-foot mansion, which the former couple listed on Zillow for a staggering $68 million in July.
Affleck, 52, and Lopez, 55, paid cash for the estate and ‘spent several million on renovations.’
Additionally, the two-time Oscar winner and superstar had to pay a 5.25 percent mansion tax and ‘hefty fee to the realtors,’ according to TMZ.
Crucially – the proposed sale of the home would mark an important division in the $550million assets of the exes – who famously wed in 2022 without a prenuptial agreement.