Whatever. Even in an inflated market, she should have been able to afford the 50% of the inflated value (which in the worst case could have been 100% of the then-current value) and if she couldn’t afford it, she should have walked and paid rent somewhere. I understand the idea of wanting to hold onto the house, but gimme a break. Talk about trying to keep up with the Joneses…
yeah, I know I sound bitter. My story? Divorced and couldn’t keep the house (in 2005). Had to sell. Made a modest gain. Can’t afford anything else. But in retrospect, divorce is the best thing that ever happened me. I am far more conscious of my spending and just waiting for the “entry point” to become obvious. It was obvious the first time I bought (in 1996 – not the “marital residence”) and I think it will be the next time…
