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  1. #1
    Join Date
    Dec 2012
    Posts
    9

    Default How to Prove Co-Ownership of a Home

    My question involves real estate located in the State of: florida

    Hi! I married 4 years ago and have been paying my wifes mortgage since then. She and her exhusband are on the title and we are now divorcing. I had a condo of my own and when the real estate market crashed my business did as well so I had to make a decision of whcih property to make payments on. I stopped making payments on my condo and since have had to file bankruptcy and foreclosure. I now have nothing. So my question is there any way to share my wifes equity in the house that I have been payfing for the last 4 years?

    Thank you in advance for any advice..

  2. #2
    Join Date
    Jan 2006
    Posts
    27,093

    Default Re: How to Prove Co Ownership

    Given the crisis the real estate market has gone through in the last few years, have you even researched to determine if there is any actual equity. What may have been huge 4 years ago could be not only no growth by a negative growth.

    Beside that, if she is only 1/2 owner, her change in equity is only 50% of the total change.

  3. #3
    Join Date
    Dec 2012
    Posts
    9

    Default Re: How to Prove Co Ownership

    Yes, and her share of equity would be apx 25,000

  4. #4
    Join Date
    Jan 2006
    Posts
    27,093

    Default Re: How to Prove Co Ownership

    the increase in equity, since the mortgage was paid with your funds or joint funds funds should be considered part of the marital estate.

    Now, that doesn't mean she owes you $12.5k. It means it is a joint asset. It is used when calculating the disposition of the marital estate.

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