Divorce Support Forums: Home Equity Cut-Off Date?

Divorce Support Forums: Home Equity Cut-Off Date?
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State Support Forums >> Washington

legoit
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Reged: 10/30/06
Posts: 1

Home Equity Cut-Off Date?
10/30/06 09:42 PM (67.171.4.166)

The wife moves out, (separates), in October 2005, Jointly signs for a new house in December 2005, and files for dissolution January 2006. Nine months later she requests a appraisal of the new home that she never lived in or paid any payments on. The appraisal comes in 100k more than it was bought for. What $ amount should she be entitled to in Washington State?

I am being told that she is entitled to half of the equity derived from the latest appraisal. Am I getting snowed? If you think so, please give me some data to argue with.

I believe it should be the "cut-off date" which would be January 2006, not October 2006.

Thanks

Edited by legoit (10/30/06 09:43 PM)

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Subject	Posted by	Posted on
Home Equity Cut-Off Date?	legoit	10/30/06 09:42 PM
Re: Home Equity Cut-Off Date?	adrenaline	10/31/06 08:58 AM

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