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mortgage questions ?

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Icon Mini Profile crystal_bedard





Joined: 23 Jun 2011

Posts: 4

1.88 Dollars($)
Post Posted: Thu Jun 23, 2011 2:24 pm    Post subject: mortgage questions ?
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i have been divorced for 3 years my ex wife signed off on the divorce papers the rights to the house. i am recently engaged now. we are looking for a new house but if i sell within 5 years my ex gets half the money. should we refinance it then sell it or just sell it?
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10439
Location: Alaska
985.83 Dollars($)
Post Posted: Thu Jun 23, 2011 9:47 pm    Post subject:
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Hi crystal_bedard!

Welcome to forums!

If you don't want to give any money to your ex, then it will be better if you could wait for 5 years. You can refinance the loan for the time being and then after 4-5 years sell off the property.

Feel free to ask if you've further queries.

Sussane
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