What Are My Legal Rights When It Comes to the House? Posted: 05-08-07 15:02pm
I just can't see giving $ away to an
attorney, hoping someone here can help/has
been through this.
My ex and I are divorcing, and she is in
the house with the kids, and I have no
problem with that. I'm renting a nice
house and when the divorce is done with,
I'll buy one too. My question is, what
about my stake in the home ($$)? She
makes more $ than I do (about $10K more a
year, maybe more by now), we agreed she
could stay in the house (for the kids
although we have a 50-50 custody
agreement) and I couldn't afford that
morgage payment on my own....
So do I try and force her to buy me out?
I don't think that's my major concern. My
thing is, I don't want my name off of the
note for a year then she turns around and
sells the house for literally a hundred
thousand dollar profit!! I doubt she
would do that, but then again I never
thought she'd cheat on me either!
I know someone out there has to have gone
through this, and I'd love to hear from
you!
|
Spirit
Experienced User , Rather EHEALTHy
Joined: 12 Mar 2006 Posts: 387 Location: Canada
Posted: 05-10-07 05:18am
You need to talk with a
lawyer............every province/state is
different and every individual
circumstance is different. The good news
is most lawyers are free for the first 1/2
hr............but time it as they won't
tell you when your time is
up..............bring all the documents
you think you'll need and preferably
photocopies as lawyers are a pain in the
bu** to get anything back from.
Married 15 years..................divorced
but lived together for several years
afterwards to "raise the
children".....................during that
time I saved like crazy and had enough for
a downpayment on my own home. I do have
rights to the original home but chose to
gift it to him............I wanted the
children to have two homes to go
to.............and had no desire to "stick
it" to him.........................now I'm
in the process of buying "my" second
home(investment
purposes).....................the point
is, you .Do recover from major financial
setbacks..................remember what
really counts........................the
children, freedom and peace of mind
