Question by Prego: How to refinance home and get ex’s equity?
Divorced, got a court order to refinance and pay the ex 50 percent of the equity. Bank will only finance 85 percent of the Original loan, and don’t require appraisal. Mortgage owed 104,000, bought for 111,000. Bank will refinance amount owed plus all closing but no more. Cant cash out VA loan. How do I get his supposed equity? County assessor says its worth 125,000. What do I do?
Answer by beautiful
win the lottery or get a super-high-paying job & FORGET ABOUT THE EX ENTIRELY. (i am in a much worse situation, believe me)
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