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Home Selling in Bay Village : Real Estate Advice

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Thu Feb 18, 2010
Pat & Steve Pribisko answered:
I am only giving you my personal opinion (as I am a Realtor & Attorney licensed in OH, but I do no represent you). I think you should read your Separation Agreement & Divorce Decree/Dissolution of Marriage to see exactly how you agreed to handle the real estate (I don't know how long you have been divorced). Are you still obligated to make payments on the home, because your are still on the Mortgage? That's a big issue for you if you are. With our market in Northeast OH (live in Westlake), giving half of the appreciation on the property may not be fair for you, since we have had a decline in value during the recession. As, another person asked, is your ex-wife able to refinance the home & pay you out your equity (interest rates are still very low)? ... more
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