Divorce & Family Home | Refinance, Buyout, Or Sell | Dave Ramsey's Advice

[@divorce661]

I’m many cases it doesn’t make sense to keep the family home, but our clients find some creative ways to make it work

[@kengi1600]

If she tries to buy me out do I have to agree?I don't want her to have the house she commited adultery and I feel she doesn't deserve it. She makes the money Im the stay at hm dad.

[@americanflyer4126]

Easy to say "just sell the house and find an another place". But what if there is nowhere else to move to. I mean rental vacancy is less than 1% and home prices are through the roof for what there is on the market.

[@stephenwatkin18]

The court does not care, pay your alimony and child support!

[@geezusfreek1]

Alimony? No way...ever!! Child support is one thing, but when the cow quits giving milk you call the butcher.

[@willsr.9154]

Well this is my plan, I'm going through a divorce right now so once we split and sell the house I am going to wait till the market crashes then I will pay cash for a little home in the middle of boom fart nowhere.. no mortgage At 57 I am not getting into another 30 year mortgage , I am retiring at 62 and living as a minimalist.. This so-called American dream ain't but American dream when you're asleep..

[@basicprogrammer6147]

My plan exactly. I am just about to turn 57, and she divorced me after 24 years because I blocked her mother's phone number.

[@Thunder-lightning852]

I’m almost 61 married to a narcissist who decided to cash out because of her narcissist friends, who has done nothing but destruction in my life and my kids who are all adults and want nothing to do with her because of her behavior, the emotional and financial abuse over the last 27 years of marriage Has been brutal. I have been eight months of no contact after being discarded. I am tired of being a doormat, fixing all the financial problems that she has caused over the years, Bellinger out of jail, etc. etc. I’m just trying to find some justice

[@basicprogrammer6147]

@@Thunder-lightning852 At least I don't feel so all alone after reading these comments. It's the lonely feeling of failure that really gets to me. I loved my beautiful bride. But then... she aged. She became a different person. I could not get her to read, eat right, exercise, talk to me, let alone hug or kiss me. It's like they eventually all become demons. But then... I see old people who are still together. And they look like friends. They made it, where very few people do. Life and this world are very strange. I think that in 200-300 years, the world population will rapidly decline. Then, everyone will have anything they want. Robots will do all the work. There will be zero crime. There will be no loneliness because AI sex dolls will be far advanced. People won't have more children than they can handle. Energy, food, and housing will be virtually free. People will enjoy no pollution, endless exercise outside, books, music, everything. I see it. I see the light.

[@clodiamandes7153]

​@@basicprogrammer6147 Rubber dolls get you tired,I think. We all need the warmth of a human close to us. You are describing a situation where you did expect a lot of a woman. You do not to mention anything else after "why can't you just loose weight" Ideas start floating in our head and sorry,but you are out. It is not the intention, its the way things are said. Good Luck!

[@deborahwilcox5716]

Smart

[@elpatron1977]

💥 NEVER GET MARRIED DON'T BE STUPID....

[@ericglaude4953]

Hi Tim, thanks for the info in this video, I should have looked for this earlier. My soon to be ex-wife have been together for 15 years and married for 8. It was only in the married phase where we purchased an our home together and commingled the incomes. Long story short, one day right after COVID, my wife just left the home, withdrew half or the savings account funds and gave me a buyout price for the house. We both have substantial retirement accounts and we amicably agreed that what is in those accounts is off the table. So in reality it’s just the house and although like you said the economics on paper do not make sense for me to stay in the house but moving is stressful and buying another place to live is not as easy as one might think in the great state of TX. I know you can’t say too much but my question to you from a philosophy point of view is should I just do buyout, get her name off the deed and hold on the property for another couple of years till I retire and then sell? Hopefully the interest rates will be lower and the ability to get an appreciated valuation is what I was planning. Is this thought process for an amicable divorce a good one, or is there pitfalls to draining a savings account rather than investing that money in preparation for retirement. Yes I can afford to expenses because there is no mortgage. Thank you for any insight you have from your experience with amicable divorces.

[@hjw2329]

19:35 I’m getting divorced and my wife wants to stay in the house. I’m moving out. It’s a VA loan and she can’t assume it nor can she afford it. I’m trying to be a good person and give her time to figure it out. Is there a way to negotiate other parts of the settlement with this his if she needs time? I know we should just sell, but she needs time to find alternate living. We don’t have kids at home currently - one is in college and the other two are on their own. Thanks

[@tdan6828]

@hjw2329 Bad move I moved out because my wife made a ton of promises if I moved we would work on the marriage etc move back in you can lose the house my lawyer told me this

[@basicprogrammer6147]

She filed for divorce and demanded sole possession of the home. In order to begin her process, she first filed for an order of protection. At the OP hearing, she sobbed and the female judge kicked me out for a year. The year is almost up. Neither party wishes to sell the home or move out. What happens?

[@CallsItLikeISeizeIts]

Move back in😂

[@basicprogrammer6147]

@@CallsItLikeISeizeIts We've been ordered to sell the home. I cannot afford my living expenses, so I requested it. But I thought her family would help us. But they did not. The world is a very cruel place.

[@becky-ye3ho]

@@basicprogrammer6147 you didn’t have the chance to buy it because the judge didn’t allow it because of financial reasons. Hang in there , sending well wishes your way.

[@geezusfreek1]

Strip the copper out. Sell the appliances and fixtures. Dump poison on the grass and get an apt.

[@alhawk2765]

I'm going through a divorce in Virginia and have a home that I want to keep and pay my wife her share of equity. I'm the only one on the deed and only one on the mortgage. How would her share be divided and is it 50%of the equity or 50% of the 80% your mortgage company allows you to take out

[@RosemaryCollette]

What if your not Married and I paid all the mortgage payments?

[@ocmacman17]

I bought my house 5 years before marraige. I put my wife on the deed, but she didn't want to be on the payment. She had to sign a form to be added to deed, Can't she sign another form to be removed from deed???

[@jjdiaz486]

That only works when there's not a crazy and greedy wife trying to make your life miserable. Not what is usual, in my opinion.

[@attractarattigan3574]

Any advice for farmer's wife.. Long marriage. Ex does not want to give me Anything. Gave my life & soul to farm home & family.

[@divorce661]

Only advice is to consult with an attorney as I only handle amicable divorce cases in California.

[@attractarattigan3574]

​@@divorce661Thank you from fush pastures in Ireland.

[@maeganbogue8636]

I stopped when I heard, I have a nest egg of $360k…! Girl bye. You free.

[@danielskyles6184]

Exactly

[@maeganbogue8636]

@@danielskyles6184and I'm just sitting here trying to rub two nickels together..

[@Archangeldominius]

Exactly!!

[@willsr.9154]

I don't understand as a father of four why we make our children so weak when in most instances they adjust way better than we adults do when it comes to moving.. " Kids start packing up your rooms we got to go! This is how tribes handle real life throughout mankind history. Guess I'm just old school that way " it worked out fine for us..

[@lisachristinaconfirmed5067]

Stability is waaaay better. Those kids weren’t raised like tribes to begin with.

[@maddielu5286]

​@lisachristinaconfirmed5067 so true

[@tyrellchibvongodze3566]

I agree with you. We make our children weak by not exposing them to the reality of life. They adjust well, all you need to is to manage the transition. Stability also means clarity of reality and expectations. Rip the bandaid!

[@paulysoprano1860]

Dont interrupt the call

[@zachallen3354]

What if you are both on the title for the mortgage, does that mean you still have to refinance or can you simply ship it over into the other spouses name?

[@jaysview_hr]

This seems to apply mostly to amicable divorces and not when there is a greedy ex-spouse involved… Add children to the equation plus both parties being in new relationships, it becomes messy. Even if one spouse wanted to buyout the other, they simply can’t afford upkeep for two households. Best to sell and start fresh! 🙏🏼

[@moshka007]

What about release of liability on the mortgage?

[@pawsjo1713]

What if no kids, house is paid off and have money in the bank but both want the house?

[@MrGmilton]

@@pawsjo1713 flip a coin and pay the difference to the other person who wins

[@madmechanic7976]

Did they consider getting Harmones checked?

[@mr.cleanone3900]

Sold my rental home that was under my name before marriage. In closing the title company didn’t want her name in closing . She have md the guilt trip do I asked them to put her on spitting the profits think I messed up . Was thinking about buying her out but I can’t live with the memories built in current house . So gonna put it on the market and buy a smaller one at a higher price . Told her tell her lover to buy her a house

[@edwinthomas618]

Buy your home before entering into marriage and make your own mortage payments. Even if you have to get 3 jobs dont allow her to make even one payment

[@downtoearth1950]

The Ancient ceremony of Marriage has failed to transition in to modern society...Best to replace it with a legally enforceable contract complete with Penalty clauses..contract terms are necessary with possible extensions.

[@lanamaart1000]

The husband is filing for the divotce after he abandoned his family more than 2 years ago...now he wants 50% payo for the house and yet he has another property and he is not prepared to give 50% of that property....ut

[@Semper2003]

The divorce family law has become a business. The judges the attorneys don’t care about each person on the case! It’s way better in my opinion to to be civil adults and get an agreement between both of you from a paralegal to avoid being ruled over by bias judges

[@Simon-vc1wk]

Not easy

[@KimberlyStamp]

My ex removed me from my home and my 15 yr old grandson . Illegally and I am on title and deed and he abandoned the home 7 yrs ago . He remarried and has a new home and new family . He locked up all mine and my grandsons belongings and no one is living currently in the home . We have been homeless now for 8 months . Due to the card my ex pulled .

[@deborahwilcox5716]

Oh my goodness, this is the worst situation you are in. I am so sorry. Get some legal help for free from your county. Coercive control. Illegal in CA. ALSO, If you were married when you purchased the home the judge can force the sale of the home. The law is on your side. Also, that is physical violence which is corrosive control. Look it up. I’m just learning about it.

[@KimberlyStamp]

I have tried everything and the court is on his side . He has a attorney that has bullied me and they had me sign a stipulation to not return to the house and they was suppose to let me get my belongings and I have given them dates and they only want to give me a couple hours to pack my things . So I made a motion on the stipulation and recently went to court and the judge said the case was closed and didn’t know what was going on and why we was there and his attorney is telling me if I go through with the RFO he is going to get me for a 271 sanction and request the court put back the temporary restraining order and than permanent .

[@KimberlyStamp]

I have tried everything and the court is on his side . He has a attorney that has bullied me and they had me sign a stipulation to not return to the house and they was suppose to let me get my belongings and I have given them dates and they only want to give me a couple hours to pack my things . So I made a motion on the stipulation and recently went to court and the judge said the case was closed and didn’t know what was going on and why we was there and his attorney is telling me if I go through with the RFO he is going to get me for a 271 sanction and request the court put back the temporary restraining order and than permanent . My ex isn’t even living in the home and its just all my belongings in the house and the back yard is full of weeds and all over grown . I am living in Motorhome and its been very stressful all I been going through and my grandson is suffering over all this . I have ask for legal help and no one helps .

[@KimberlyStamp]

The court sucks

[@EdwardsBains]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[@SamsonsRhodesas]

I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks...

[@EdwardsBains]

Taking break may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. A licensed CFA whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help...

[@SamsonsRhodesas]

Oh please I’d love that. Thanks!

[@EdwardsBains]

*MONICA AYAKO VOS*

[@EdwardsBains]

LOOK HER UP ON THE WEB

[@marcusthatsme]

21:40ish... "should sell the house, split the equity and get places in the same area." Is that suppose to be humor? First it doesn't matter how much equity you get out of the house, you still have to meet the silly 30% rule to "rent", let alone buy anything in the area, unless you're living in the middle of nowhere. Around here you need to be making about 100k to rent anything with more then 1 bedroom, which doesn't work with kids, 130k to rent the most basic apartment with three bedrooms. Right now we just can't divorce, not until we both get better paying jobs, but of course the job market is really bad right now as well, so... Fun times.

[@stanmoney8470]

Sometimes they'll buy you out, but if they don't refinance your name is still on the loan. If she can't afford to refinance she won't take your name off the loan! Dealing with that crap now!

[@nikkih7638]

@stanmoney8470 could she file for bankruptcy if she is not able to pay you ?

[@wichoflores9922]

Wouldn’t it be in my favor if she cheated

[@Archangeldominius]

300k nest egg, and you haven’t worked in 14 years. Hubby paid all the bills while you had that amount of cash is nasty evil work, idc you can’t support a family on 70k

[@lisagnzlz]

W H Y Would ANYONE Ask ADVICE From RAMSEY Whom is NOT EVEN A FINANCIAL DIVORCE LAWYER???!!!!

[@TheRealEdStoner]

If they keep the house one of them is going to basically have to live in poverty.

[@mr.cleanone3900]

I don’t wait for you to ask I tell you she cheated . Gif over 13 years

[@dmoney1219]

Don’t laugh, but what if your wife is abusive physically and mentally. And you want to divorce her after 14 of hell.She has never worked a day. Would she get half of my money