Construction financing with child support?

  • Erstellt am 2021-01-06 09:52:53

Pinkiponk

2021-01-06 13:19:26
  • #1
Does she have any additional income or is it known whether she will be returning to a well-paying job in a few weeks/months?
 

Mazur96

2021-01-06 13:40:20
  • #2


I assume that is planned. As it is possible with a baby and four other children and COVID.
 

nordanney

2021-01-06 13:52:27
  • #3

It should include everything. So the bank, for example, knows what still awaits one partner within the framework of the equalization of gains. In our case, it was about six-figure amounts that we argued over. If one partner is hit hard and has to pay the other partner a large sum, it can already become difficult when one wants to build/buy a new property.
Or you are still arguing about maintenance – whether for children or the partner. Imagine your household budget just barely works at first and then, in the course of the divorce appointment, you are suddenly ordered to pay €500 more in maintenance. Everything collapses immediately.
 

hampshire

2021-01-06 14:03:09
  • #4
There is the scenario to be prepared for that the ex-wife cannot fulfill the obligation can. This is for example the case if she cannot get new financing together with her new husband. The bank has nothing to do with the declaration of commitment and will adhere to the contracting parties as long as the financing runs. This does not end with the fixed interest period, and even the most comprehensive divorce agreement cannot interfere in the loan contract relationship with the bank. The feeling of paying for a house for the ex-wife with a new husband would not please me at all in the position of the ex-husband; I have no relevant personal experience in this regard. The desire for a separating order of matters is more than understandable.
 

Tassimat

2021-01-06 14:22:55
  • #5
In all the statements before the quote there were a lot of "shall/will" sentences. How exactly is that? Can the ownership in the land register not be transferred directly already, without the financing? Without knowing, I could imagine that it's easier and faster to get out of the loan agreement if you are no longer the owner. On the other hand, it's a zero-sum game, since loan payments and maintenance costs are offset against each other: if the loan disappears, maintenance increases. From that point of view, one could also continue paying the loan. It only becomes difficult when the first child no longer receives maintenance. If all else fails, the only option is confrontation and harsh measures: lawyers and partition auction. Depending on the mood of all involved, this announcement helps or the atmosphere completely turns. I personally would not let it continue unresolved. Addendum: What are the properties worth, i.e. single-family house and multi-family house?
 

Mazur96

2021-01-06 14:56:39
  • #6


I think it would not be smart to transfer your ownership share in the land register but still remain liable for the loan. With the ex-wife, there is nothing to gain anyway; in case of doubt, the bank would turn to the ex-husband.
The bank will not release the ex-husband from the loan and leave the ex-wife alone in it, since she apparently is not creditworthy.

Taking out a loan for a house and bearing this "burden" for the ex-wife and her new partner is not particularly attractive. You are guaranteeing with your name.

A partition auction also does not seem to be that simple. The ex-wife might possibly avert it due to the "child’s welfare."

I am not aware of any market value.
 

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