Sunday, May 30, 2004

Realty Times - Real Estate News and Advice. Question: My husband and I are getting a divorce. Our children are still under age 18, and he has agreed to let me buy out his share of the house on the condition that he can be released from our original mortgage loan. There are about 12 years left on our mortgage, which carries an interest rate of 7.5 percent. I talked to the mortgage company and although they will not object if the title is transferred exclusively to my name, they have made it clear that they will not permit my husband to be relieved from responsibility as a co-signer on the mortgage note. What do you recommend? [Divorce News] 9:18:31 AM     Chantal Saperstein. "All marriages are mixed marriages." [Quotes of the Day] 9:15:24 AM     Gay Marriage Means Gay Divorce, and That's a Good Thing. SAN FRANCISCO - It may not be on their minds as they walk down the aisle in Massachusetts, but along with gifts and toasts, many gay couples are finally getting one of the biggest benefits of matrimony: the ability to obtain a clean divorce. San Francisco attorneys Julian Chang and Wade Estey avoided acrimony when they split up after more than 14 years together. The men earned equal incomes and had drawn up elaborate agreements governing everything from home ownership and hospital-visitation rights to frequent-flier miles and funeral arrangements. They handled their dissolution themselves, splitting everything down the middle. [Divorce News] 9:13:30 AM

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