SFH in SoCal & Divorce

[/u/HealthyTemporary9924]

As the title suggests, I live in one of the least affordable cities in the nation. I’ve owned my home for 17 years, bought it very high a year before the recession of 2008 and managed to hold onto it through thick and thin. It’s the only home my two kids have known. I divorced and as part of my settlement agreement I stayed in the home and make all the payments. The sale is deferred until my daughter graduates high school 2 years from now. My rate is 2.65%, I owe about $520k, and my pymt (no escrow) is $2200. My ex will not let me buy him out of spite. My neighbor suggested I form a corporation, and use it to buy him out. Remaining in the home. Has anyone ever heard of this? Sounds like a crazy thing to pull off. The house is prob worth $1.3 million. So here I want to be both seller and buyer. Is this even doable?

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SFH in SoCal & Divorce
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