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I need some Guidance: What can a attorney say or counter if a divorced couple agree to an affidavit/stipulation, attached to the decree, that states the home will be refinanced by party A in their name alone in a 6 month timeframe from the date of the judge signing rhe divorce. If unable to in that timeframe, the home will be sold. The initial appraisal of home agreed at $260k amount is the only dollar amount, nothing specifies how much besides "50% of the equity of the home."
Then party A was able to refi/cashout , but with single income, qualifying only for x amount of equity, notifies other party of their 50% of cashout after refi. Party B unhappy and expecting way more, ignores all attempts to finish refi and instead stated their lawyer will be in touch..
I would think party B is in non compliance for not allowing party A to complete the agreed refi..right? I'm so confused on what grounds party B has to fight when the loan approval and cash out is based on what party A can qualify for.. which party B were told by party A and a loan officer...
Any advice, direction or resources would be appreciated♥️
Next Friday is closing and now I have to find an Attorney is seems like, and it's the weekend. 🥹 I just want to be done and free besides the co-parenting..
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