Hello, I have been separated from my wife for 2 years. She had moved out of our house at that time as well. We have come to an agreement on a property settlement payout quite a while ago. I just think I am paying too much as I put all the labour into the initial house we bought in Kalgoorlie and also the current house we built in Perth. I know my ex contributed as well, but it feels like I'm going too take a hit as the only way i can pay is too add to my mortgage as I want to keep the house. This will mean the interest I incur will add up over the course of the loan. Now when she left the mortgage was $430,000 and the house was evaluated at $510,000 so we agreed to half at $40,000.
I have been told that I'm simply paying too much and as my ex has moved out 2 years ago she does not have a claim anymore. Don't get me wrong, I do want to make sure she is ok, but i believe $30,000 would suffice. We have halved all the furniture already and the only matter left is the payout.
All I'm asking is: Is it worth it to pursue a lesser payment or should i just bite the bullet? I dont want it too get messy as we are amicable but I don't want to be back to square one after all I've worked for. I'm not sure if I have grounds and if it goes to court and I could pay more, I would rather just pay the sum now. I am currently filling out a consent orders [form 11]. This will be for taking her name of the loan and land title. My ex will be sending the divorce papers soon, should I be signing these straight away or wait?
Sorry for all the questions I usually try to do everything myself, but im perplexed with all the family law legal jargon. Thank you for your time.
I have been told that I'm simply paying too much and as my ex has moved out 2 years ago she does not have a claim anymore. Don't get me wrong, I do want to make sure she is ok, but i believe $30,000 would suffice. We have halved all the furniture already and the only matter left is the payout.
All I'm asking is: Is it worth it to pursue a lesser payment or should i just bite the bullet? I dont want it too get messy as we are amicable but I don't want to be back to square one after all I've worked for. I'm not sure if I have grounds and if it goes to court and I could pay more, I would rather just pay the sum now. I am currently filling out a consent orders [form 11]. This will be for taking her name of the loan and land title. My ex will be sending the divorce papers soon, should I be signing these straight away or wait?
Sorry for all the questions I usually try to do everything myself, but im perplexed with all the family law legal jargon. Thank you for your time.