Mudkat
newbie
Reged: 06/16/06
Posts: 36
|
HELP? Can MEDIATOR take STBX off TITLE??
06/18/06 07:43 PM
|
|
|
Would a mediator be able to remove STBX from our home's title in divorce agreement????
My husband of 8 years and I have been physically separated for over 2 years. We have no kids. Neither of us has done anything yet, no lawyers no nothing. He makes $60K a year and I haven't worked in a few years but I can go back to work. He says he wants an easy out, and that if my parents wanted to give him $20,000 now or soon (my parents are well-off, I don't have the $$$) he will sign everything (house) over to me IF I do not go for any alimony OR part of his 401K. I've been told that I probably wouldn't get much alimony if anything because I am able to work.
Our home is roughly worth between $340,000 and $400,000. We are refinancing to consolidate our debt and we'd get a little cash back to a TOTAL refinance/consolidation loan of about $210,000, so he could buy a work truck now (he needs one very badly). (This would be unrelated to the $20K we would give him now to walk.)
BOTH of our names are on the title now. Do you have to refinance to remove someone from TITLE???
So for $20K his name would be removed from the title and mine would remain, or mine and my parents since they gifted us the down payment of $40K in '99 when we bought the home. When he offered this to me (me give him $20K to walk now) my jaw dropped. He wants no part in any legal matters. I want to be fair, told him that he had more coming to him if we sold the house, but he insists he doesn't care and I think he just wants my parents and I to deal with the clean-up and sale (or renting) of the house...
Can a MEDIATOR write the paperwork out for me (with Mom's $ help) to pay STBX $20K to have him REMOVED from the title under agreement that I would not go for any alimony or future support? We've already decided who gets what as far as our possessions, etc. Can this be put in the divorce settlement by a mediator, and that he gives up any interest in the property... ? How would this work? Could my Mom's name then be put on as the co-owner and onto the title of the house?
AND - With no job are they even going to allow me to hold title on our home alone? Or would my parents NEED to be added? And should I do it? Any advise is very appreciated, thanks.  Kate
|
|
0 registered and 0 anonymous users are browsing this forum.
Moderator:
|
Forum Permissions
You cannot start new topics
You cannot reply to topics
HTML is disabled
UBBCode is enabled
|
Rating:
Thread views: 7439
|
|
|
|
|
|
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
