yeldarUV
yeldarUV OP t1_j6lgf6h wrote
Reply to comment by Kplow19 in Keep name on mortgage after divorce? by yeldarUV
Unfortunately not. That would have made things much easier!
yeldarUV OP t1_j6lgcfp wrote
Reply to comment by violetvader in Keep name on mortgage after divorce? by yeldarUV
Yikeeeees! Sorry it was worse case scenario! Definitely Noted!
yeldarUV OP t1_j6l8aii wrote
Reply to comment by CoffeeRun123 in Keep name on mortgage after divorce? by yeldarUV
Thank you for the reply and we’ll wishes. Yeah I’m thinking if we go that route of keeping my name on the mortgage I would only allow a certain amount of years. We talked about 2 years with monthly payments and my name has to be off by X date.
yeldarUV OP t1_j6l6dwi wrote
Reply to comment by Pass_Little in Keep name on mortgage after divorce? by yeldarUV
Thank you so much for taking the time out on this reply. My head is kinda exactly where yours is at on this. The equal division makes a ton of sense. I thought about getting an appraisal soon to see if the cost of the house has went up and from there decide an initial payment from her. From there I would have something that states my name could be on the mortgage for X amount of years and by a certain time my name has to be off. We talked about 2 years to allow some time for interest rates to drop (or increase which would suck for her lol) During that time there could be a monthly comp until my name is completely off. At this time maybe another appraisal and split payment on that as well? I don’t know just spitballin lol.
yeldarUV OP t1_j6l3sln wrote
Reply to comment by WillOTheWispish in Keep name on mortgage after divorce? by yeldarUV
Thank you for the advice! Yes the deed debt thing, I’m glad I am aware of this!
yeldarUV OP t1_j6l3kv1 wrote
Reply to comment by Rave-Unicorn-Votive in Keep name on mortgage after divorce? by yeldarUV
Thanks for the input! Noted
yeldarUV OP t1_j6l2663 wrote
Reply to comment by HorizontalBob in Keep name on mortgage after divorce? by yeldarUV
No kids involved. She has a son but from a past relationship. And yes agreed. We are both talking to divorce lawyers now to get things going. Our bank accounts were all separate, no prenup, she gave me back my half of the house down payment as well as the car down payment when I moved out.
Submitted by yeldarUV t3_10pky3j in personalfinance
yeldarUV OP t1_j6lgqax wrote
Reply to comment by GeorgeRetire in Keep name on mortgage after divorce? by yeldarUV
Yeah, thinking of all the bad things that can happen is definitely making me steer the other way. Thanks for the input!