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  1. #1
    Join Date
    Jul 2008
    Posts
    1

    Default Settling Real Estate Division After Divorce and House is Not Selling

    My question involves a mortgage in the state of: Texas

    In 1998 my husband at the time signed our property over to me by way of a Special Warranty Deed which was filed with the state. In the divorce decree in 2006 I agreed to split the proceeds of the house once sold. It states that it will be listed with a realtor.

    The house has been for sale for 2 years without one offer. It is listed for $122,500. He is saying to reduce the house to whatever we can get for it, even $80,000. So, I have said if you will sell for $80,000 then I will pay you off from that amount. Should I do this and how can I achieve this legally? He wants to go back to court to get me out of the house to rent it if we can't sell. How can he do this as it is in my name?

    There was never another contract putting him back on the Deed nor any consideration. What is my position please, as he keeps harrassing me for money. Also, according to the divorce decree he is to pay me from the proceeds of the house for the 2 years of child support that he could never pay. So that would also be deducted from his portion. Please advise.

  2. #2
    Join Date
    Apr 2008
    Location
    Texas (Dallas area)
    Posts
    1,405

    Default Re: Settling Real Estate Division After Divorce and House is Not Selling

    In this horrible real estate market the value of homes changes every day.

    Before you go selling it, you should check the actual value of it today

    Click on this link and enter your address. It will give you a value range of the property.

    http://www.zillow.com/

    Then you will know for sure what you should consider selling it for

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