I AM NOT SEEKING LEAGAL ADVICE. I know to talk to a lawer if it came down to this but..
Has anybody heard that lets say W and I bought a house for $200.000 we have only paid $100.000 on the loan. If I were to buy W out would I only owe her half of the $100.000?
just a question..
And if I claim to be a wise man, well It surely means that I don't know
I would not put a family member in that position. Too much pressure and not a neutral party. Trust me, they take sides and place blame.
The house... You are in California, so I'm not sure how different it is, but basically you take what you still owe and subtract that from the current market value of the house. If you were to buy her out, you would owe her half of the calculated difference (equity).
HFF is right. What is the house worth today? That is the price you work with. If you paid $200,000 and it is now worth $300,000, you would owe her half the difference between $300,000 and the $100,000 mortgage. If the value has slipped to $85,000, you don't owe her anything. But things get negotiated, and you will be asking her to sign away her rights to the house, so you probably would have to pay her something.
Thanks for checking in on me everyone. It does make me feel better.
I am here reading....Nothing much to say right now just:
Wife came home sick from camping (bad cold)so we have not been able to talk about us but maybe it is best right now to wait a little. Kind of lost track on the love dares, most of the remaining involve your spouse's participation. (I know that won't happen). May go back and re-Do some of the self improvement Dares Have not had a cigarette in 17 days. In two weeks I will find out if I get laid off In three weeks I will be having a colonoscopy to check for cancer Been trying to keep busy. I worry about Daybreaks situation. Don't know how he is keeping it together. I am also afraid when I read his posts they are the writings on the wall for mine.
Well need to get back to work. I am hear just mostly reading
The good news??? Well I put my bikini top on.... MY Jeep Gabrielle.... Weather has been nice. I started digging my Garden but it is hard to get enthused about things around the house not knowing what is going to become of it in the future...
Doc
And if I claim to be a wise man, well It surely means that I don't know
Im glad your ok. Oh Doc , its a nasty ole' cycle isn't it. Im getting tired of it all.
Why do you have to wait three weeks for that procedure? Is there anyway they can get you in sooner? Good job on the not smoking... love to hear it. I wish my dad could do it. He has no will power. He smokes so much and has things happen to him that the dr. has told him to stop, but he doesn't.
thinking of you..
tal
me: 37 H: 44 Married for 18 years this june S7 S3 porn issues, and much more... since 7/06
Happiness can be found, even in the darkest of times, if one only remembers to turn on the light.
Don't worry about having to wait so long for the procedure. If they really thought you had cancer, you would have been seen the next day. The fact that they put it off shows that they are not worried. You will be fine.
