Girlfriend and I own a house together, now we're breaking up

[UA_Iron]

Don't sell it. Try to buy her out. Give her some nominal sum of money and tell her that you will LOSE money if you sell b/c of the realtor's commission and the down market. If you sell it, you are going to have PROBLEMS with her wanting half of the profits.

I always strongly, strongly advise people not to have paramours on their deeds. NOT a good idea.

My attorney said over the phone that we'd get my money back and make her pay half of the realtor commission fees - which in this case I wouldnt lose money.

Attorney's always talk big at first to get your business, then they try as hard as they can to get you to settle. It's easier for them, and doesn't require as much work.

 

[heatherrae]

My attorney said over the phone that we'd get my money back and make her pay half of the realtor commission fees - which in this case I wouldnt lose money.

Attorney's always talk big at first to get your business, then they try as hard as they can to get you to settle. It's easier for them, and doesn't require as much work.

Well I won't counter the advice of your counsel (solely out of professional courtesy) Just think about it and come to your own conclusions about what you think is best. You know that chick best.

 

[drsketch]

that's why my house is only in my name.

 

[wootoom]

that's why my house is only in my name.

Ya but if you're married it doesnt matter.

 

[drsketch]

Ya but if you're married it doesnt matter.

i'm also not married.

 

[animalchin]

Absolute best call is to have a home owned by an LLC you control.

 

[heatherrae]

Absolute best call is to have a home owned by an LLC you control.

land trusts...

 

[goin on 4T]

land trusts...

Yep that is the best. Damn Heather you are as smart as you are good looking!

 

[pogo]

We just met with a Realtor and we're gonna sell this house - we're gonna list it for more than we paid for it. I put the WHOLE 20% down in the beginning and I want it back - she wont get shit.

how long ago did you buy? I was in the same situation as you about 5 yrs ago. it isnt that bad -- though to this day i wish i would have bought her out instead of selling...

 

[c-sharp minor]

If you lived where I do, it wouldn't matter whether you are common-law or married....the law treats them identically.

All assets you brought into the union are still yours. Any assets acquired mutually would be divided equally. If you were residing here, you would not be entitled to your 20% down payment back, regardless of whose name is on the lease. She would get 50% of everything.

Marriage don't mean shit here.