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Kate Walsh Divorce -- House Is a Big Zero

Here's the house that has triggered the epic fight in the divorce between Kate Walsh and Alex Young. Alex wants to know how much money he should get from the property. But here's the deal -- they bought it for $4.95 mil in 2007 -- but It's now only worth an estimated $3.6 mil. So according to our math, Alex is SOL.



Kate Walsh house

By the way ... Kate put down the lion's share of the down payment and he left her with the mortgage and the bills.



Tags: alexyoung, divorce, house, kate walsh, KateWalsh

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1. who cares about kate walsh?????

Posted at 12:33PM on Apr 29th 2009 by g-dawg

2. I don't even know who these two are, but i'm rooting for Alex simply b/c ALL MEN GET SCREWED IN DIVORCE HEARINGS. Damn you women...

Posted at 12:55PM on Apr 29th 2009 by Sono

3. WOW VERY NICE HOUSE LOVE IT
NOT SURPRISED THAT HE LEFT HER TAKING CARE OF IT.
AND THEN EXPECTS HALF OR MORE
SO THEY WERE NOT MARRIED WHEN THEY BOUGHT IT.
WHAT IT SHOULD SELL FOR MINUS HER DOWN PAYMENT THEN SPLIT IF THEY CAN SELL IT FOR THAT MUCH

Posted at 12:59PM on Apr 29th 2009 by HE HAS OTHER ASSETS BET

4. Why is it leaning?

Posted at 1:09PM on Apr 29th 2009 by deleta

5. This sounds like one of those FML blog posts.

Posted at 1:09PM on Apr 29th 2009 by H

6. Classic Sexism,

If she made three times more than him he could request alimony, correct?
If there is no prenup he could ask for it and use the money to hire a pr firm to help undo the damage her people have caused him.
If there is a prenup he could challenge it like people often do.
I feel sure someone is trying to make him look bad besides himself.

He could take the abuse or drag the divorce out, ask for alimony and legal fees etc., etc.

Posted at 1:14PM on Apr 29th 2009 by don\\\'t waste time reading this

7. It's the new home of Rihanna!!

Posted at 1:47PM on Apr 29th 2009 by layanah

8. What a beautiful house. I always wondered why such a small amount of people (2) buy such a big house..Oh, well..

Posted at 1:42PM on Apr 29th 2009 by Joanne

9. LOL. Alex is a idiot. Go Kate!

Posted at 1:52PM on Apr 29th 2009 by J

10. thanks again for the unbiased reporting, TMZ! Does Laura Wasser actually have a direct access to the website? Can she just publish stories right from her desk or do she and Harvey have a secret bat phone? Keep spinning, Laura...

Posted at 2:00PM on Apr 29th 2009 by Disso Queen Lover

11. it's Rihanna new house !!he is soo big! wow i like it!
GOOD ONE RIRI!

Posted at 2:33PM on Apr 29th 2009 by grace

12. Given Alex's lawyer has said he expects him to settle, I think the penny may have finally dropped that he won't be winning.

Good on Kate for letting her lawyer battle it out, pity Alex couldn't leave it to his lawyers and instead resorted to such childish abusive behavior to get a protective order slapped on him. Bitter ex-husbands are always jealous when their ex earns more than triple their earnings.

Posted at 2:35PM on Apr 29th 2009 by P A

13. This is what happens when you are stupid enough to marry someone you've only known for a couple of months!

Posted at 4:13PM on Apr 29th 2009 by Barbra

14. Maybe he's bitter because she was more interested in her co-worker, who was her love interest & liked to party with her co-workers instead of going home. If this is true, that's why he's bitter.

Posted at 11:06AM on May 1st 2009 by Reine

15. They were married when they bought the house in '07? If no prenup, California law says they split 50/50. If she's living in the house, paying the mortgage payment, 50/50 up to the date they separated. If they have equity in the house in a down market, he gets half of what the house if worth now. If no equity they both take a loss if sold to someone else.

Posted at 4:45PM on Apr 29th 2009 by Sharon

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