Thank you. In terms of overall $ were not talking about huge sums. The original mortgage was $130k, and we divorced 2-3 years later, so the total equity at the time was maybe $50k. About 2 years later now He's likely to sell for 20-22k. If I understood our agreement correctly, i was slightly protected in that it said something about if he defaulted on the mortgage, I would have a chance to sell the property before the bank could foreclose. I came up with the plan. I know it gave my ex most of the advantages at the time, but it sounded like a good compromise that would keep my kids in their home, and pocket me some cash in the long run. He doesn't have an attorney and doubtful he will spend the money for one. He's gonna turn around and sink all his gains into a more expensive property.
