Steph13
journeyman
Reged: 06/07/05
Posts: 99
|
Re: I don't get it
07/15/05 01:40 PM
|
|
|
Is there any signed papers stating that you are willing to give him 25K when you sell the home, because on your final decree the judge will tell you to do just that and maybe give you a 90 days time frame to buy him out. Who is paying for the mortgage now? if he is and you are not working or can not affort the mortgage payment then when the divorce is final he wont be paying for anything either you will be soly responsible for the payments and also you can have his name removed from the mortgage with that Quit Claim Deed, it only need's to be recorded and the Mortgage Company will remove him and keep you as the primary borrower. It also depends on how much equity you have on the house you can take a HELOC for 25K minimum payment of 300 and pay him off and still keep the house and not have to sell it to pay him off.
you do have may opions and these options will keep you going and looking forward to something new, life does not end here. you still have a long way to go.
|
|
0 registered and 2 anonymous users are browsing this forum.
Moderator: dsAdmin
|
Forum Permissions
You cannot start new topics
You cannot reply to topics
HTML is disabled
UBBCode is disabled
|
Rating:
Thread views: 6623
|
|
|
|
|
|
UBB.threads™ 6.5.1.1
|
Easily Connect With a Lawyer or Mediator
Have Divorce Professionals from Your Area Contact You!
|
|
|
|
|
The information contained on this page is not to be considered legal advice.
A local counsel or professional should always be consulted in regards to any legal matters.
"a passion for a better divorce℠" - established in 1996
© 1996 - 2013 Divorce Source, Inc. All Rights Reserved.
Previous
Index
Next
Flat
Edit
Reply
Quote
