Legal Question in Family Law in Georgia
My divorce decrees says that I will pay the mortgage for 4 yrs after my divorce and then my ex-wife will pay 4 yrs. Once the total 8 yr period is over then we have to either sell the property or refinance it into one of our names. I have paid my 4 yrs and now my ex-wife wants to refinance before she pays anything towards the mortgage. I feel like I am losing out on 4 yrs of equity that she should pay in before she is able to refinance. Is there anything that I can do to prevent this from happening if there is nothing addressing this in the divorce decree?
1 Answer from Attorneys
Assuming your lawyer properly drafted things you have no problem as the refi, if the papers are written well, would require both of your consents. Since we don't know what the papers say, call your lawyer to discuss them.