Opinions please?!
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Opinions please?!
| Mon, 10-20-2008 - 2:59pm |
Okay, so as some of you may know STBX and I finally reached an agreement regarding custody. After I ran that and what we had discussed regarding the finances by my lawyer, he questioned whether or not it was equitable. So, essentially we own $133k on our house, county assessor has it valued at $147k. We're having a Realtor do an additional market analysis, and if it is valued above what we owe we will sell it. If it's not valued at what we owe minus commission for an agent to list and sell it, STBX will keep it. Now, he offered me $2500 IF he keeps the house. The thing is, per his financial affidavit we have $20k in assets and that's minus the debt. In addition we plan on refinancing our cars so that the debt is equitable, so essentially I would have $5000 in negative equity in the car plus $2500, and he would keep the assets. Does that seem fair? Please give me your honest advice and opinions. Is he trying to take advantage of me?

Your post is confusing, you own 133K in equity in your home? And he offered you 2,500? That doesn't sound right. Even if he offered you 25,000 it doesn't add up... more info would help....
Liz
I don't think it would be fair for him to benefit from not having to sell the house and pay a commission, they should split the cost of the commission and she should benefit from it too.
The BIGGER issue for me is, if he stays in the house, that's what should be refinanced.
Karen ~ wildlucky4me ~