More fireworks today on the legal front.

I signed a really bad deal and I stupidly though H would allow me to buy him out of our little cabin in a reasonable way. If I end up losing our city place, I wanted for me and the kids to have one thing left that we love. There is very little equity in it and it is a very special place to us. I offered to pay him the appraised value less mortgage and closing costs (broker's fee, cap gains, etc). He said no and came up with a number that he could only get, after all the closing costs and paying off the mortgage, if the place sold for 50K over the appraised value. It could also take many many months for him to actually get the money.

I am thinking about backing out of the terrible deal and going to trial. I feel like I am negotiating with terrorists and that the bad deal I signed has no benefits for me in it, I am doing all the paying and all the suffering and getting nothing for it.

I don't have the money to pay my lawyer to go to trial, and I know it is a waste of money and against my beliefs.

I also know that my lawyer isn't very good but that I can't afford one who would actually be able to fight for me in a strategic way.

But I was thinking about bluffing, pushing toward trial and hoping that they would settle on the way. Because if I had to sell the places out of a trial, he would not be able to sell them on his own, without my participation. I would be an equal partner in the sale and he would have to wait a lot longer.

It would be months away and lots more misery. I would love to end this right now, today, but our agreement allows him to sell the place for six more months, he would not agree to any settlement on our place unless I added A MILLION DOLLARS to the appraised value. I also have to wait to find out if I will get a refinance and need some more time for that anyway.

But at a trial I would have a different judge. I'd be an equal partner in a sale. I might have a better deal than what I have now which is also months more and lots more misery and owing the lawyer a lot.

What do you all think?

Last edited by Gerda; 12/09/19 10:33 PM.
I believe I will see the bounty of the Lord in the land of the living.
Wait for the Lord with courage.
Be stouthearted, and wait for the Lord.