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Financial Issues This forum is for discussing any of the financial issues involved in your divorce.

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Old 01-12-2012, 04:58 PM
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Default Trying to sell matrimonial home

Separated from ex over 2 years ago. Currently in matrimonial home and waiting to list. Two of three children have moved from my residence to his and now I can't afford to live. I need to find another place but lawyer says I can't until house sells. How do I stay here if I can't afford it? Do I just walk away from the house? My lawyer hasn't returned any calls on this matter.
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Old 01-12-2012, 05:10 PM
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if there is a mortgage on the place and you and the ex own jointly then you risk screwing up your credit. Any chance teh ex would be willing to move in after you move out and pay the bills till the house sells??
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Old 01-12-2012, 05:19 PM
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He won't as he just moved into his rental place. The mortgage is joint and ctedit is a mess currently.
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Old 01-12-2012, 06:03 PM
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Quote:
Originally Posted by momof 3C's View Post
He won't as he just moved into his rental place. The mortgage is joint and ctedit is a mess currently.
if you walk away and neither pays the mortgage then the bank will take it.
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Old 01-12-2012, 06:06 PM
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Why do you have to wait to list?
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Old 01-12-2012, 06:52 PM
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you own the house - not the lawyers. I s it not your right to get together and agree to sell, the house proceeds goes into an escrow account until the rest of yout settlement is settled - then your house proceeds can be dispursed???
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Old 01-12-2012, 07:02 PM
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Just a thought, but if you feel you have no other options, are there spare rooms in the house you could rent out to help make ends meet until it sells?

Good luck

Angie
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Old 01-13-2012, 01:08 AM
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Call an agent, have the house listed on a determined asking price.
The agent will contact the other party for their signature to list and they are always hungry for a listing.
Then the crowds come. My ex did that with me and I am living in the jointly owned home with the kids.
Renting out rooms in the meantime might get you in some hot water with the ex claiming compensation for the rent. I wouldn't go there in my opinion.
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Old 01-13-2012, 01:10 AM
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If the OP does not sign the listing agreement, yo can make a motion to the court that the OP is interfering with the sale of the property. The judge should order it listed and if the OP still interferes, you can have the judge sign and sell the property on the OP behalf, in other words, sign for him.
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Old 01-13-2012, 06:25 AM
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Quote:
Originally Posted by lorlaman View Post
Call an agent, have the house listed on a determined asking price.
The agent will contact the other party for their signature to list and they are always hungry for a listing.
Then the crowds come. My ex did that with me and I am living in the jointly owned home with the kids.
Renting out rooms in the meantime might get you in some hot water with the ex claiming compensation for the rent. I wouldn't go there in my opinion.
when i tried to to that in a previous relationship the agent wouldnt even touch it until he had an agreement signed by the other party that they were willing to sell.
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