Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Divorce (https://www.askmehelpdesk.com/forumdisplay.php?f=98)
-   -   Home Equity (https://www.askmehelpdesk.com/showthread.php?t=186158)

  • Feb 20, 2008, 08:07 AM
    precious0980
    Home Equity
    Good day to everyone! Me and husband have a problem to his ex-wife. 2 years ago we paid off the house and he is divorced to his ex-wife 7 years ago. We plan to pay his ex wife part of the house so she will not make trouble or problem with us anymore. In their Final Decree of Divorce: She is willing to quit claim as long as my husband will going to make a payment and pay her part.

    My question is: Is she entitled to the whole amount of the house or she is just only entitle to the equity during their marriage.
  • Feb 20, 2008, 08:32 AM
    George_1950
    It is difficult to analyze without knowing how the property is titled (in whose names) and knowing the language in the divorce decree (property settlement). Did your husband or his ex have a lawyer?
  • Feb 21, 2008, 08:10 AM
    precious0980
    The house title is in my husband name and his ex-wife. On the Property settlement it say's that they both own the house. But during their divorce my husband still owe the house and his the one who make payment every month.
  • Feb 21, 2008, 09:45 AM
    ScottGem
    The property should be valued as of the date of divorce. The ex is then entitled to one half that value.

  • All times are GMT -7. The time now is 01:06 PM.