| Author |
Message |
|
|
 bb1014
Joined: 01 Nov 2009
Posts: 1
1.29 Dollars($)
|
 Posted: Sun Nov 01, 2009 5:48 am Post subject: should I sign? |
|
|
| My gf and I purchased a home in October 2008. In the beginning of 2009 the appraised value went up by 110,000 dollars. In August I moved out due to our differences. Now she wants me to sign away my rights to the house. Should I sign or try to get some type of payoff? |
|
|
gunzijjistaff
Joined: 07 Apr 2009
Posts: 459
7.03 Dollars($)
|
| Posted: Sun Nov 01, 2009 9:27 am Post subject: |
|
|
Are you both mentioned on property deed? If you both mentioned you can get your share of property ( 50% of value of home). If you are not on deed you can negotiate with your attorney.
Thanks. |
|
|
gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7406
Location: bloomfield, ct
62.79 Dollars($)
|
| Posted: Sun Nov 01, 2009 2:06 pm Post subject: |
|
|
this is definitely something to negotiate. most couples splitting up come to an agreement concerning the equity in their jointly-held home. you don't have a divorce court to help you out, but it wouldn't be a bad idea to get an attorney involved (for each of you, actually) for your own protection, as gunzi advised.
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
|
|
