This book will focus on the rights each spouse has under certain laws, situations, and circumstances, and how the division of the property will be decided by the court or through negotiation.
or if he bought it all cash (i'm still unclear on that) then she gets 42.5
plus even in your example, dont they have to back out the expenses of selling the house? I assume most places are 6% commission plus closing cost etc which would mean no equity [/quote]
If you are buying your ex out, the courts won't take real estate commission or closing costs into consideration. It's current market value minus any mortgage(s) on it. What's left over after that is what is split.
The only time that real estate commissions and closing costs are considered are when they are actually incurred. And then you would be going by the verifiable actual costs.
Previous
Index
Next
Flat
Re: SOME HELP PLEASE !!!!
Edit
Reply
Quote
