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Real Estate & Property Law

: The Home Equity Theft Reporter

Tanking R/E Market, Fla Appeals Court Leave Ex-Hubby Holding The Bag On Marital Split-Up Deal After Failing To Complete Buyout Of Wife's Share Of Home

By r morris

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The following facts are taken from a recent ruling from a Florida appeals court:For reasons unspecified in the ruling, Husband (hereinafter referred to as "Hubby") & Wife are desirous of terminating a presumably unsatisfactory, unfulfilling marriage.The couple own a home with an approximate fair market value set at $950K, with an approximate mortgage balance of $603K.On August 8, 2008, the couple

Full post as published by The Home Equity Theft Reporter on February 06, 2011 (boomark / email).

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