Tuesday, November 23, 2010

11232010 - DIVORCE: SALE OF MARITAL HOME, RE: FEES I PAID - Divorce Case - CAUSE NO: 64D01-0708-DR-7804/Porter County Superior Court, Valparaiso IN



In the August 06, 2010 final property settlement order, I was to be granted 60% of the proceeds of the marital home [Paragraph #9]. The Court set the value of the marital home at $165,000 [Paragraph #6].

$165,000: Market Value of home
- $68,536: Mortgage payoff
$96,464
X 60%
$57,878: My interest in the marital home
+$3,860 = My interest in the Durango
$61,738
+$7,400 = Maintenance arrearages
$69,138 = Total settlement owed to me from my interest in the marital home, IF MY EX HAD REFINANCED THE HOME AS PER THE SEPTEMBER 2010 ORDER...OR PAID ME FROM THE FUNDS HE HAD ON HAND DURING THE OCTOBER POLICE ENTRY INTO THE HOME.



Instead, my ex was allowed to sell the marital home for $30,000 below market value [a cost of $18,000 to me]. But that's not all my ex and ReMax did to me....














MY EX AND REMAX HAD ME PAY FOR:





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TOTAL FEES AND COMMISSIONS PAID: $12,657




Instead of receiving $57,878 from my interest in the marital home, I received $32,285....A loss of $25,593. But that wasn't the only financial loss. Under the September 2010 order, my ex was to pay me cash for my 60% interest in his 401K by refinancing the marital home. Wait till you see what Attorney Rhame and my ex's employer [Dunkin Donuts Midwest Distribution Center] did to keep that portion of the settlement from me....And which would cost me thousands of dollars.














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