Chapter 9 - THE HOUSE WAS WORTH MORE NOW

The property had appreciated.
New appraisal:
$735,000.
Claire’s remaining mortgage:
approximately $254,000.
Estimated selling costs:
$42,000.
Potential net equity:
around $439,000 before taxes and settlements.
Evelyn saw that number and exploded.
“You’re profiting off us!”
Claire answered:
“I bought the risk too.”
She had paid:
down payment,
mortgage,
roof replacement,
HVAC,
insurance,
major plumbing.
But her parents had also contributed.
Richard had paid for:
driveway resurfacing,
new windows,
landscaping,
some tax increases.
Documented value:
about $41,000.
Claire did not pretend otherwise.
She offered credit in settlement.
Evelyn called it insulting.
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Richard called it fair.
Their marriage began cracking under a house that no longer belonged to either of them.