Legal Question in Real Estate Law in Virginia
real estate
How do I go about buying my ex-husband's half of the house?
Asked on 8/28/07, 9:22 am
2 Answers from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: real estate
Have a contract drawn for your purchase of his one half undivided interest in the whole property and a deed prepared and executed which reflects his conveyance to you of this interest.
Answered on 8/28/07, 10:01 am
Robert Strupp
Robert J. Strupp,Attorney at Law, PLC
Re: real estate
More information is needed to fully answer.
Is there a divorce decree dealing with a buy-out? Is there a mortgage in both your names? "Buying his half" does not automatically take him off the mortgage. That usually requires a new loan. Have the two of you discussed price and terms?
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Answered on 8/28/07, 12:00 pm