Real Estate Market Spreads the Pain
You are not alone if you are getting divorced and having trouble unloading the marital home. According to TMZ, Jay Faires, who is in the middle of a divorce from Debbie Matenopoulos from talkshow “The View”, has asked the court for permission to put their $4.3 million house on the market. Faires claims he can not afford the mortgage, property taxes and related payments, and Matenopoulos will not agree to put the home on the market. Usually, the court will not order that a home be put on the market until a final hearing because the sale will effect the final distribution of property. However, if the parties can not afford the home, and the person living in the home wants to put it on the market, the court may go ahead and order it.
One Response to “Real Estate Market Spreads the Pain”
By Web Hosting Reviews on Jul 24, 2009
Great post. I kind of agree but only in certain instances.