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re: Question about property ownership
Posted on 6/4/18 at 2:32 pm to BRbornandraised
Posted on 6/4/18 at 2:32 pm to BRbornandraised
Nope. OP said they got married 6 months after the house purchase. That early into the loan term, his monthly payment has about 2x as much going towards interest as it does to actually paying down the principal.
0
Posted on 6/4/18 at 2:33 pm to SlowFlowPro
And then you have the guys on their second marriage who know all this and screw over their unsuspecting second wife lol
Posted on 6/4/18 at 2:34 pm to SlowFlowPro
quote:
people go into marriages full of optimistic emotion, and not logic, and due to that, they don't plan ahead
word! maybe there should be a fee to get married, charge what it normally takes to get a divorce, might make people think twice, there's got to be a better way
Posted on 6/4/18 at 2:36 pm to 777Tiger
quote:
word! maybe there should be a fee to get married, charge what it normally takes to get a divorce, might make people think twice, there's got to be a better way
what you 2 kids need to do is put up $30,000 in a CD (to account for the divorce costs) or make a separate property agreement
Posted on 6/4/18 at 2:38 pm to SlowFlowPro
quote:
what you 2 kids need to do is put up $30,000 in a CD (to account for the divorce costs) or make a separate property agreement
would have had to have a hell of an interest rate for me, mine went into seven bills
Posted on 6/4/18 at 2:42 pm to 777Tiger
for just the (blood sucking) lawyers or the total settlement?
Posted on 6/4/18 at 2:43 pm to SlowFlowPro
quote:
for just the (blood sucking) lawyers or the total settlement?
that didn't include attorney fees, hers ran the tab up like crazy, assuring her that I'd be on the hook for it, mine was actually pretty reasonable
Posted on 6/4/18 at 2:44 pm to 777Tiger
oh ok i was just thinking of attorney's fees
Posted on 6/4/18 at 2:45 pm to 70739tigah
quote:
He is unsure if the wife is on the title. He's trying to determine this from an attorney.
ole baw doesn't know????
Posted on 6/4/18 at 2:55 pm to 70739tigah
I’m sure this thread helped a lot. There are 42 different answers with everyone claiming they are correct lol
Posted on 6/4/18 at 2:57 pm to yellowfin
quote:
There are 42 different answers with everyone claiming they are correct lol
probably similar results when consulting attorneys
Posted on 6/4/18 at 3:09 pm to yellowfin
Assuming the facts presented by OP are accurate, the correct answer is that the house is his separate property. As others have pointed out, she may have a reimbursement claim if any community funds were used to maintain or improve the property. Those specific facts and issues would need to be sorted out in the legal process.
Most of the answers here are not based on Louisiana law or assume certain facts.
Most of the answers here are not based on Louisiana law or assume certain facts.
Posted on 6/4/18 at 3:09 pm to shutterspeed
quote:
How does one not know whether or not a wife's name is on the home mortgage?
The wife's name is not on the mortgage. He's trying to determine if her name is legally on the title. The title has her married name on it but at the time of closing, they were not married.
Posted on 6/4/18 at 3:28 pm to 70739tigah
None of the fake attorneys from PT can answer this?
Hhmm...
Hhmm...
Posted on 6/4/18 at 3:30 pm to BRbornandraised
quote:
And then you have the guys on their second marriage who know all this and screw over their unsuspecting second wife lol
No they wont, men are stupid, and will do the exact same thing that burned them the first time because, "its different this time, she really loves me, is nothing like my first wife, and would never do that to me." Have see it more times that I can count.
Posted on 6/4/18 at 3:31 pm to Kim Jong Ir
quote:
Incorrect. If community income is used to "pay down" a mortgage on the separate property of a spouse (i.e. property acquired prior to the marriage), it does not change the status of the property from separate to community. In the event of divorce, the non-owning spouse is entitled to reimbursement for 1/2 of the principal reduction made on the mortgage loan
SOMEONE stayed at a Holiday Inn Express last night
Posted on 6/4/18 at 3:35 pm to 70739tigah
Not sure of your case but. If she cheated she will get everything. Buy some KY; you’re gonna need it.
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