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Real Estate
Reply to "Can you buy a house without a job?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you are getting divorced, how can you plan on not being employed going forward? You will have to get a job.[/quote] I don't get this either.[/quote] It would be easier if I got the house we live in, but he had it before we were married. It seems easier for him to move since he has a job, but he claims he wants the house. Say I gets spousal support for 7 years, which would be enough to live off of, and a buyout for my share of the house which might be equal to a downpayment. In 7 years, my savings doubles. Then I could use that money to pay for house payments. Also, does my share of the retirement money have to stay in retirement, or could I use it now? I've already been out of the work force for almost a decade. My own retirement money might be enough for retirement, not even counting my share of his. Say I have 15 years before retirement age, and half of that will be covered by spousal support. I'd only have to work like 8 years. One kid is still in elementary school, so it makes working full time difficult for a few more years. [/quote] OP, I posted before that you need to consult with an attorney. Do this immediately. You seem to be conflating your preferences with the law. Just because you don't want to work while your child is in elementary school doesn't mean that a judge will award your husband to pay you enough alimony so you don't have to. Sometimes a judge will award a lump sum to cover you for a brief period while you look for work, but it's highly unlikely that you'll be awarded living expenses for 7-8 years unless it's part of existing marital assets. Your husband clearly isn't looking out for your best interest with his wanting to keep the only home you have a chance of owning. Meet with an attorney now. I mean this kindly but you have no clue and you need professional legal help. I'm saying this so you go get help so you get off this path that's likely to result in you getting screwed.[/quote]
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