Legal Question in Real Estate Law in Florida
Home buyout offer
Want to make a buyout offer for home following divorce - is it total value or his half of value - need to know where to start?
1 Answer from Attorneys
Re: Home buyout offer
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If you are looking to buyout your spouse, then you would make an offer for 1/2 of the value of the property (or equity in the property if a mortgage is still in place). You are trying to buy your spouse's interest as you already own a 1/2 interest.
Scott R. Jay, Esq.
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