Copperarab
Member
What is the name of your state? Oklahoma
Hi.. Been a while since I posted.
Here is my worry. I am filing for divorce in 2 months, and moving out of our marital home. The house is in both our names, we have had it for 3 yrs and have done extensive upgrades to it. (my parents came down from Mass. for a month and did a majority of the recent work)
I am asking for 50 percent of the equity in the home at my divorce. With the slowing market, the sale could take quite a while. I plan on hiring an appraiser before i leave in October to get the value of the home. My worry is, is that my husband is NOT going to finish/mow/clean/care for the house. I know you are all going to say it is speculative, but you don't know him like i do (16 yrs married) He will drink, smoke, etc in the home, not clean it, barely mow and so on.
I am afraid that the POSSIBLE equity of say $40,000 (my guestimate by the improvements, size of the home, and area houses for sale that are smaller) will go down the tubes. Basically, if an appraiser says it is worth $$$$... but it sells for only $$$.
What can I do? Anything at all to protect my interests?
Thanks...
Hi.. Been a while since I posted.
Here is my worry. I am filing for divorce in 2 months, and moving out of our marital home. The house is in both our names, we have had it for 3 yrs and have done extensive upgrades to it. (my parents came down from Mass. for a month and did a majority of the recent work)
I am asking for 50 percent of the equity in the home at my divorce. With the slowing market, the sale could take quite a while. I plan on hiring an appraiser before i leave in October to get the value of the home. My worry is, is that my husband is NOT going to finish/mow/clean/care for the house. I know you are all going to say it is speculative, but you don't know him like i do (16 yrs married) He will drink, smoke, etc in the home, not clean it, barely mow and so on.
I am afraid that the POSSIBLE equity of say $40,000 (my guestimate by the improvements, size of the home, and area houses for sale that are smaller) will go down the tubes. Basically, if an appraiser says it is worth $$$$... but it sells for only $$$.
What can I do? Anything at all to protect my interests?
Thanks...