Re: A very foolish friend... Is he screwed?
10-16-2011 05:21 AM
He's still sharing the house with her. Both of them are waiting for a buy-out hoping selling the house will solve all their financial issues. She wants to sell and pay off CC debt, mortgage, and home equity loan. He wants $30K for a down payment on another home in the same area.
Unfortunately, the appraiser was a little too generous with his estimate (my guess would be by about $20K) so both of them are kinda stuck with the price. I mean they both know it's wrong but each are determined to get that number out of the sale.
This will be the third house he's lost in a break-up/divorce.
He's currently seeking sympathy on Facebook. I'm not on any social network sites but the GF is.
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