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Reply to "Calculating how much to claim for portion of house value during divorce"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. It's the only asset we're dividing, other than retirement funds, and it's a big one. I'm not going to just walk away from several hundred thousand dollars when I have no other major assets to my name and gave up a plan to buy another property in the same area when STBX and I got together. I don't want to waste our time calculating down to the dollar, which is why I want to figure out the simplest way to put some reasonable number to it, even if it turns out to be a low estimate. We were married seven years.[/quote] Get the difference in County assessed value at time of marriage vs. County assessed value today and then figure out % of split (50/50, 40/60. etc). Very simple....[/quote] Yes. Since you do not have the mortgage paperwork, use county assessment numbers. But how do you not have any access to the mortgage documents? Didn't your husband share financial information with you when you were married? I manage all the bills and household expenses, but my husband has all the passwords and can access any of the paper bills any time he wants. [/quote] Don't us county assessment numbers. Depending on the jurisdiction, they can be wildly off the actual market value. [/quote]
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