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Money and Finances
Reply to "Divorce, refinancing gut check"
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[quote=Anonymous]OP - with 3 kids at home and one who presumably needs summer and holiday housing, you don't have a lot of good options. Seems like staying in the house might be the best of them. That said, I think your belief that, in a rising interest rate environment, your exurban house will continue to rise in value is overly optimistic. I don't think that should change your course of action - you and your kids need someplace to live - but you should be realistic in your expectations. Also, if the kids are primarily living with you (doesn't seem like he will have the room for them), you definitely should get child support. Why aren't you getting it? I am going through a divorce. He has agreed to let me buy him out of the house, sfh colonial style 4br in a good exurb school district where most homes are exorbitantly high or smaller split levels...so I believe the value will go up. [/quote]
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