Coming from Dorthea:
The title and mortgage is in my name. We owe 550K and the house is worth 350K. I want to keep the house and remain living there. The other option would be to foreclose but, then we are stuck with the difference, which neither of us can pay and I know she won’t pay it so, I would have to.
The title and mortgage is in my name. We owe 550K and the house is worth 350K. I want to keep the house and remain living there. The other option would be to foreclose but, then we are stuck with the difference, which neither of us can pay and I know she won’t pay it so, I would have to.
What is a fair settlement in this? This is the main sticking point to the divorce.
Tags: Divorce, House Mortgage, House Worth, Property Settlement
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