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Reply to "Resentment toward husband over project that went south"
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[quote=Anonymous]Ok. It sounds like from your posts you lost $30k because the rest is 70% done? And it’ll take another $30-40K to finish? That’s definitely better than $100K lost so that’s good news. So many construction projects run way more than originally estimated. Not usually because of this reason but often because of other unanticipated issues behind the walls or floors. So while this is infuriating, it’s not an unusual thing to happen, running over the estimated cost. So the overage could have happened with another contractor for other reasons. It also sounds like the attorney is recommending not to sue because you’ll sink a lot of legal costs into it and he won’t have the money to pay. Even if he does, he’s thinking you’ll come out negative with all the court and attorney costs. You could check into small claims court, which doesn’t have much cost, but this may be over the small claims limit. So the main avenue to pursue him is possibly the bond, and you’re investigating that. It is going to more detrimental to your marriage to have the project unfinished in the backyard and never be able to use it. So it would make the most sense to finish the project with another contractor once you’re able so your family can enjoy it. In terms of your husband’s retirement, it sounds like he will need to be put that off for several years so that your finances can catch up after this. He made that choice by advocating for a $100K change to the house he really wanted. So now it’ll be until at least the 65 mark, possibly the next mark at 69 since you’ll also be needing to fund college for the kids, which the $100K could have been used for. Not saying that you shouldn’t have built the pool, just saying that the desire and decision to do that means now retirement is put off so that his income can help pay for pool. [/quote]
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