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The best route to pull money out of equity in a divorce.

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ajabbott44 Guest	Posted: Wed Feb 09, 2011 5:40 pm    Post subject: The best route to pull money out of equity in a divorce. Like 0 Dislike 0 What is a best route to take in getting equity out of a house, or would a quit deed be better? after a year was agreed to wait on pulling out the money.
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Wed Feb 09, 2011 7:56 pm    Post subject: Like 0 Dislike 0 Welcome ajabbot, Both the spouses can sell off the property after divorce, pay off the mortgage in full and then divide the excess amount resulting from the sale amongst themselves. Thus, both of them will get their share of equity from the property. _________________ Procrastination is the enemy of your financial success

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