Is this wrong or right.

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distraught

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I have a house that my ex valued at 635,000 mortgage owing was 320,000, which would have left 315,000 equity to split. now my half of a business would have been 240,000 owing to me, He left his equity in the house of 157,500 he subtracted the 157,500 from the 240,000 which left amount paid to me 82,500 to make up the difference for the 240,000, upon selling the house I paid off the remainder of the total mortgage of 320,000. was he to pay half of the mortgage or does it all work out the way he did it.
 
It works out the way he did it. Assuming that you sold for 635,000, when you sold, his "share" from the sale would have been 317,500 - 157,500 which he already squared away - leaving 160,000. You paid off the 320,000 mortgage with the proceeds of the sale - 160,000 his share, 160,000 your share.

Way I see it - you guys are even steven.
 
I am really confessed... how did he square away 157,500. He took 157,500 and subtracted it from the business which owed me 240,000 he gave me 82,500 for the business having left his equity in the house, so he covered what was owing on the business but he did't cover half of the mortgage the 157,500, I paid the full 320,000 for the mortgage , did he not have to pay towards the mortgage his share 160,000 his half. So his equity was 157,500 minus 160,000 if he owed half the mortgage he would have been minus 2,500 but he then would have owed the full 240,000 for the business ... Because he would not have had any equity left in the house because of the outstanding mortgage. He took his 157,500 and subtracted it from what the business owed me. would the mortgage not have been 160,000 each ? he paid me off for the business by using his equity from the house so 157,500 subtract 240,000 would have left 82,500 which is what I got roughly but that doesn't include the half of the mortgage...He squared off on just the business no?
 
You can't reopen equalization after you sign off on it. You can't address equalization even if you didn't sign if 6 years have passed.

That is on top of the fact that according to your description he dealt with you fairly.

Edit to add:

You are confused because you paid off the remainder of the mortgage. If he had paid off half the remainder of the mortgage, his share of the house would have more than doubled as well.

When you split the house, you did not split it's assessed value, you split amount of equity you had in it. The remainder of the mortgage had nothing to do with equalization. Think of the house like a bank account. You split the amount of money you had paid in, not the millions of dollars you could have paid in the future.
 
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