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Old 08-30-2011, 01:48 PM
metro metro is offline
Join Date: Oct 2008
Location: Toronto
Posts: 57
metro is on a distinguished road

If you were married when you purchased the house, it's value at separation will be divided half and half no matter who paid down or mortgage.....however, if the marriage is short (less than 4 years), you can claim "unequal division". An appraiser should be able to appraise a house for any time in past, but he/she usually wants to see inside the house. What is left after deducting the mortgage from the value at separation is the amount you split with your ex. This is usually done when Family Net Property is calculated.
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