In your state he may be entitled to half, but through the divorce or separation, he may not. Did you look into it that way? For example , if my husband did sign it over and that would be it. For he left in May. Even his salary is all his now. Our assets are still ours, but if either sells them, the other is entitled to half, unless it is to pay for joint assets.
The house, is ours, but the mortgage is his. This will be the thing that is going to be tricky. He can't just turn that over to me. The bank has a say in that. He could sign over his ownership interest. We'll see what happens there.
He wants to be rid of the debt , responsibility. I don't know if my mother will co-sign on this. She may, I just don't know.
I'm not counting on anything.
I did find out today that a friend of mine may move out of her rental cottage. I always loved it. The Landlord did just spend a ton to insulate the place.
It is a bit deeper into the country, but it would be a place I could take my dogs. It has three bedrooms, a huge kitchen, walk in pantry and laundry. I could even bring my frig. It isn't fenced, so I would have to do something about that. I could use the porch as a paddock. I'd rather fence an area though. It has two fireplaces.
If I could lease that, maybe I could lease my place for the mortgage pmt. I could write off the depreciation, and hang on for a bit longer, eventually move back in? I'm trying to get my creative juices going here.
If I could get a military family it would be perfect!
I would be down the road, so I could see how it was being maintained, and I could still use the storage sheds, if need be.
The sheds are old corn cribs from the 1850's. By doing this, I may be able to actually bank some money too! I'm not holding my breath, but it is a thought.
Hmm, I could get interest deduction, and depreciation? Not sure about that , I'll look into it.
Formerly Workinprogress H :55 M :over 29 yrs. Together : 33 D : college D : adult BD and left : May 2013 Separated Experimenting/Replay
