Actor Ben Affleck wants to lower price on $68m mansion but ex-wife Jennifer Lopez won’t budge

Ben Affleck and Jennifer Lopez are facing significant challenges in selling their marital home, with the Beverly Hills estate currently listed for $68 million.  Despite being on the market since July 2024, there has been little interest from potential buyers, according to sources familiar with the situation. Real estate agents have suggested that the asking price is too high and recommended a price reduction of at least 15% to attract serious buyers. The couple purchased the mansion in May 2023 for $60.85 million in cash, which some agents believe was an overpayment. Additionally, the current real estate market is not favourable for expensive mansions, with potential buyers seeking deals. Rising insurance costs, particularly after the devastation of the January wildfires in Los Angeles, are also a factor. The estimated annual fire insurance for the property is reportedly around $500,000, deterring interested parties.  Sources say that while Ben is eager to sell and is considering lowering the price, Lopez is hesitant to take that step. The former couple, who settled their divorce earlier this year, have a confidential agreement regarding the home, though the specifics are unknown. At present, they seem to be at an impasse over how to proceed with the sale. The post Actor Ben Affleck wants to lower price on $68m mansion but ex-wife Jennifer Lopez won’t budge appeared first on Linda Ikeji Blog.