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mortgage questions ?

Posted on: 23rd Jun, 2011 02:24 pm
i have been divorced for 3 years my ex wife signed off on the divorce papers the rights to the house. i am recently engaged now. we are looking for a new house but if i sell within 5 years my ex gets half the money. should we refinance it then sell it or just sell it?
Hi crystal_bedard!

Welcome to forums!

If you don't want to give any money to your ex, then it will be better if you could wait for 5 years. You can refinance the loan for the time being and then after 4-5 years sell off the property.

Feel free to ask if you've further queries.

Sussane
Posted on: 23rd Jun, 2011 09:47 pm
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