Forums: Learn from other's experiences

Purchased the house in 2003 for $319,000. Put down $17,000 on my own. Value of the house at marriage was $266,000, so less than what was purchased for. No principle payments were made until a few years after marriage, $34,974. Value at time of separation is $495,000. Does that mean she is entitled to more, than had the house been worth more then the purchase price at the time of marriage? When I do the calculations online, it will not allow me to put an amount less than the purchase price for the value at the time of marriage. Does this question even make sense?

I am current on my 1st mortgage. My 2nd mortgage was charged off $ 15,000. I owe $ 281,000 on my home and its worth @ $ 350,000. What will happen?

Hi, My mother in law passed away in 2005, she had a Revocable Living Trust and my husband was the Trustee and only Beneficiary... She also filled out a quitclaim deed in 1999 to my husband. When we went transfer the property in 2005 she had been on a Exemption for taxes and they recalculated and we ended up owing about $15000.00 in taxes that we had to pay before we could transfer now My question is we have the Trust and the Certification of Trust showing he is the Beneficiary but are being told that the quitclaim deed (notorized) is outdated. We don't have the money to go to an attorney. How can we transfer the property into our name so we can sell it? Thank you

I have not made a payments in 17 months. I was served that foreclosure had been started 8 months ago and it's was filed. Now they have started it all over again and have it in short sale. How fast can a short sale go and how much more time do I have before I have to move out? I live in Illinois

California, My significant other and I have agreed to add my name on his Deed. We have made out a Grant Deed with him as the Granter and Me and him as Grantees. We have had it notarized today. Are we going to have to pay taxes on this once we take it to the recorders office? We have one page we have to fill in that came with the Grant Deed form called Preliminary I believe we are to check no on all the questions. This is what we have been told.

have bad credit and we are applying for home refinance. Both of our name are on the title but my husband is the one applying for the loan, are they going to check my bad credit score and will it affect our application? I am only appearing during closing for signing of papers

I did a owner contract 8 years ago with $ 35,000 down and have made improvements of $ 20,000. He owed $ 10,000 to a mortgage company. We had a private contract made up with no attorney's involved. Mine was notarized, his wasn't.. Just 2 pieces were involved. He after 18 months spent 5 of the house payments that I would send to him and the house went into foreclosure. I only found this out by notice to this address. I contacted him and he had the missed payments and fees put on the contract so now I owe an additional $ 3,500.00 and it's been 6 and a half years later and no attempt to pay that off. Property values here have never recovered and with the new fema insurance in place ( I'm in a high flood zone ) it doesn't make sense to stay here. My question is... since he broke our contract twice and I leave can he come after me for the balance ?There were no attorney's involved, am not anywhere on anything, just papers between us. any information will be helpful