I divorced my ex, who is now refinancing to buy me out of our marital home. We separated in July 2023, and he has been making mortgage payments alone since then. The divorce was finalized in November 2024. My attorney says I owe him $7,500 for the equity, which is half of the principal paid down since then. However, he claims I owe him $22,000 for all mortgage payments made, including interest and escrow. The divorce agreement specifies principal only, not the full mortgage payments. I’m confused about why I would owe for the entire mortgage when I’m not living there anymore. How should I handle this?
It sounds like your interpretation is correct. You are only responsible for your share of the principal, not the entire mortgage payment. Stick to what the divorce decree states.
Your ex is trying to include interest and escrow in the amount owed, which is not what the agreement says. If it gets complicated, consider getting your attorney involved.
Make sure to document everything. If the escrow officer doesn’t understand, ask for clarification in writing. You might need to present this to your attorney if they continue to push for the larger amount.
If possible, try to negotiate with your ex directly before bringing in the attorney again. Sometimes a conversation can clear things up.
Stay firm on your position. You shouldn’t be responsible for more than what’s outlined in the decree. If necessary, have your attorney write a letter clarifying your obligations.