Tuesday, December 22, 2015

Tiger Woods is verging on done paying off a $54 million home loan as a feature of his separation

By on 7:33 AM
It's been broadly reported that Tiger Woods' separation settlement taking after his split with Elin Nordegren came to over $100 million, yet a settlement of that extent isn't as straightforward as Tiger written work a titan check.

A few outlets have reported as of late that Tiger still owes Elin $54 million and needs to pay it by January fifteenth, yet Golf News Net has an awesome explainer specifying why those reports aren't to be accepted. It's justified regardless of your time.

Essentially: As a component of the settlement, Tiger named his ex as the backer of the home loan he took out on his home, totalling $54.5 million. Tiger then paid Elin in portions beginning in 2010, and on the off chance that he neglects to pay, Elin gets the house.

The "January fifteenth, 2016" date individuals are tuning into is the date that the last installment is expected, not the date the aggregate installment is expected. Basically, after his installment on January fifteenth, Tiger would've paid Elin the $54.5 million and consequently satisfied his understanding. He doesn't owe her $54.5 million to be paid by January fifteenth. Enormous distinction.