Property/home question


Dear mkoontz:

Greetings. Why are you assuming that she will not get alimony and be able to afford the house just fine? Yes, it is doable and she may get the house with you stuck paying alimony until the date a court orders the same.

One other option you did not mention - selling the house, even with almost no equity. Thank you.

Janet L. Fritts
Attorney with Rosen Law Firm

4101 Lake Boone Trail, Suite 500
Raleigh, North Carolina 27607
919.787.6668 main phone
919.256.1665 direct fax

301 McCullough Drive Suite 510
Charlotte, North Carolina 28262
704.644.2831 main voice
704.307.4595 main fax

1829 East Franklin Street, Bldg 600
Chapel Hill, NC 27514
919.321.0780 main phone
919.787.6668 main fax


The response posted above is based upon the limited factual information made available and is not intended as a full and complete response to the question. The only reliable manner to obtain complete and adequate legal advice is to consult with an attorney, fully explain your situation, and allow the attorney sufficient opportunity to research the applicable law and facts required to render an accurate opinion. The basic information provided above is intended as a public service but a full discussion with an attorney should be undertaken before taking any action.


I am considering divorcing my wife of approximately 5 years. We recently bought a home together, and have virtually no equity built up (100% loan).

She cannot afford to live there without my income (approximately twice hers); if she and her children get the house, I want my name off of it. I would rather have the house and paymetns without her, but can live with being out from under it. Is this doable? Or is she more likely to get the house with me stuck with bills until she loses it?