Search found 3 matches

by Carol S
Mon Sep 23, 2019 8:24 pm
Forum: Home Loan Forum
Topic: How will the bank split the property after a divorce?
Replies: 5
Views: 12671

Re: How will the bank split the property after a divorce?

It’s a relief for me than to not have to pay the capital gains tax. However, my husband's lawyer had advised her not to contribute to the repayment as she would be selling her share to me. So, there are a few payments missed. Will this cause a problem?
by Carol S
Mon Sep 23, 2019 8:07 pm
Forum: Home Loan Forum
Topic: How will the bank split the property after a divorce?
Replies: 5
Views: 12671

Re: How will the bank split the property after a divorce?

Thanks for the information. How does refinancing work in my scenario?
by Carol S
Mon Sep 23, 2019 7:49 pm
Forum: Home Loan Forum
Topic: How will the bank split the property after a divorce?
Replies: 5
Views: 12671

How will the bank split the property after a divorce?

My husband and I took out a joint mortgage on a property after we got married. Unfortunately, after 7 years together, we have to call it quits. How will the bank split the property? Since my husband is remarrying and does not need the property, I want full ownership of the home.