Mike, unless you have Paul McCartney-style money, if she's going to make any effort to be fair and reasonable about the house settlement, I'd suggest going along with it, using a lawyer who will agree to a fixed price to implement your agreement and be done with it.
2 reasons: (1) if she doesn't take you to the cleaners, a pricey lawyer looking for "issues" might, and (2) less acrimony means better relations with your kids. Your wife could even be a complete raving, drugged out, lying SOB lunatic (which I'm sure she isn't, just making a point) but your kids will still love and be loyal to her. So for your and their relationship's sake ... And it's only money anyway - you've got good earning power. Good luck! Bill > Well, as some of you know, I'm going through a divorce. The > question I > have is about the house: I was going to simply let her > remain and take > my 50% of the equity at divorce settlement, but someone told > me that I'd > get screwed somehow in that and that the house should be sold > instead. > To my understanding, it shouldn't matter, as the house equity is > determined by the appraised value minus the mortgage balance. The > appraised value is most likely what it would sell for, so > again, to my > thinking, isn't it the same regardless of selling versus her just > getting a new mortgage and giving me my 50% equity share? > > -- > Michael J. Babcock, MCP > MB Software Solutions, LLC > http://mbsoftwaresolutions.com > http://fabmate.com > "Work smarter, not harder, with MBSS custom software solutions!" > > > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
