Quote:
Originally Posted by Shaun @ Tru6
My brother and his wife own their home in Kansas. They will unfortunately be entering into divorce proceedings soon. His wife wants to keep the home. What's the best way for her to buy his half of the home?
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This is how I did it in each of my divorces. Each person pays for an individual appraisal. The person keeping the house then pays the other 50% of the computed equity. Obviously tweaks can be applied. For example, they could agree to use one appraisal, but they won't trust each other enough to do this.
The fact that you're asking leads me to conclude that at least one of them hasn't consulted a lawyer, and probably should.