u/jbest23

Say A & B are married, and own a marital home which still has a mortgage on it. They purchased the house for $500k, and have $250k remaining on the mortgage. The house is now currently valued at $1m.

They have separated and now want to divorce, and B's new partner C wants to buy A out of their share of the property.

Is there a way to do this such that C pays A for their equity of 1/2 (current value of house - remaining mortgage), add C to the title, and then refinance with B & C -- but keeping the mortgage at $250k remaining?

Or does it have to be: A & B divvy up assets such that B becomes the sole owner of the house and pays out to A. Then C buys into the house with B. And in this case, would the refinancing mean that the mortgage must now be calculated on the current $1m value of the house?

Thank you!

Edit: owner has been found via FB! They will retrieve Ruby from the animal shelter.

Dog found near Cates Park, large goiter, cataract in one eye, overgrown nails, welts, matted hair and burs. She's old but very friendly, approached us while shaking and was about to get hit by a car. No collar.

We're not from here and can't keep her until her home is found (if she still has one, I hope she wasn't abandoned :/ ). Tried calling Bosleys pet store for advice, and their recommendations were the BCSPCA. Have been trying to call the BCSPCA but keep getting sent to voicemail or trying numbers which say they don't have voicemail but are busy and to try calling again later. The closest location to us is in Burnaby, but their voicemail indicated they don't accept lost animals? Is this true?

Tried calling the West Van location and the Line is always busy. Don't really want to drive over there just to find out they won't accept her.

Any ideas of other shelters we can take her?

What is the process for buying partner's ex out of property?

Found Dog in rough condition, where can we take her?