Splitting escrow upon divorce and house buy-out.
July 16, 2012 7:35 AM Subscribe
I bought my house from my wife. We got our escrow refund check in the mail. I think it's rightly mine. She disagrees. Details inside...
posted by anonymous to work & money (11 answers total) 2 users marked this as a favorite
My wife and I are divorcing. I bought the house from her, paying her 1/2 of our shared equity based upon a professional appraisal. Upon closing, an escrow refund was sent. I feel as though I'm entitled to this full amount, as I am responsible for paying the taxes. My wife, who I have allowed to stay and pay rent for the past 6 months), thinks she should get half. It's over $4,000, not a trivial amount of money.
Am I out of line in pushing to keep this money?