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hiornsl@woodridge68.org
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Posted: Mon Oct 04, 2010 9:33 am Post subject: PATITION SUIT
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Here is my question. My ex and I purchased a house and a lake house about 20 years ago. Now we are splitting up and his lawyer has taken the average price of both properties, reduced them by 1/3 (which he says is MY best case scenio), divided that number in half and says, "take it or leave it". The buyout is now about $100,000.00 less than it's appraised value (at today's market), because he already reduced it by the partition procedure. He says that is what the court is automatically going to do. Don't we get to try and sell it first?
By the way, my ex definitely wants to stay in that house. He runs a business (illegally) in the back yard, and wouldn't want to start over again, finding a secluded house, building another shop and moving 1000's of lbs of equipment. So, by his lawyer forcing this partition thing, he is about to make a great deal of owning my half of the house. I think the fair thing is to buy me out (at 1/2 of the average appraisals), or put it up for sale.
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 smithsussane
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hiornsl@woodridge68.org
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jameshogg
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