Why do you have to sell? If you will lose money couldn't she just walk away and you keep the house. Don't mean to offend, this is a lousy time for people, just curious.
Until we dicided to move we had set the settlement up that when the house sold we would split the equity and prior to that the person outside the house would split all maintenance and taxes.
No I appreciate the question. We have an enormous mortgage. About half my take-home pay goes to paying the mortgage. With the child support and alimony there is no way I could pay it all. What we are going to lose is all the equity we had on the house. Basically the house is just unaffordable for us once I have to start paying for a second household regardless of if we stayed here.
