Sentences with phrase «spouses over the equity»

In other cases, a parent's mortgage will be registered on title to protect the money in the event the marriage goes sour and there is a dispute between the spouses over the equity in the house.

Not exact matches

After you receive your share of the home's equity, you then sign over all rights to the home's title to your former spouse.

Many have second incomes, inherited money, have pensions, a spouse, incorporate and then declare bankruptcy with regularity over the years, assumed mortgages when they could even though illegal, and when house prices went up they borrowed equity, bought more homes, have rental income, etc. — but they make it out to the public that all is made through real estate.

The whole business is like The Hunger Games with those at the top often not honest about how they made it — ie inherited money, relied on a spouse's income, have a pension, assumed mortgages when possible and made money when property values increased — borrowed equity to survive, have rental income, or sold their own property, or have teams — actually serfs below them — or declare bankruptcy and start over leaving debt behind.