“I’ve been trying to sell this house for two years,” Chris Wealty said. He dropped the price from $850,000 to $599,000; still no interest. The house sits empty, once home to a married couple. They are trying to divorce, but settling the financial terms depends on selling this house in College Park, a neighborhood north of Orlando, Florida.

So he decided to advertise. On a large (and not very attractive) sign in the front yard, he wrote “3,400 sqft Lake View House: $599,000. Helping me get divorced: $ priceless $. 407 592 4964 (Husband)”

As he told the Orlando television station WESH, he and his wife had been married for 17 years, and had been in negotiations for several years over a divorce settlement. The house is in one of the nicer areas, former orange groves surrounded by lakes near the well-known Winter Park. It is not far from the modest bungalow where Jack Kerouac wrote Dharma Bums, a home that is now a writer’s colony.

But a nice four-bedroom, three bath house, a pretty view, a good neighborhood have not been enough. Housing prices in Orlando, which went up 34 percent from 2004 to 2005, have now dropped by 20 percent. One leading real estate expert, Robert Schiller, says Orlando prices will drop another 30 percent this year.

Thus Wealty’s desperation. If he doesn’t sell the house soon, he said, he faces foreclosure. One of his neighbors opined that putting up a sign airing dirty laundry was kind of “white trashy,” so the experiment hasn’t endeared him to the community. But his life, and his wife’s life, have moved on.

When asked what his soon-to-be-ex wife thought of the sign, Wealthy answered: “Well, to tell you the truth, I'm not real sure. We don't talk much these days except through lawyers.”

No kidding.

Hulk Hogan's wrestling days may be behind him, but as E! News so aptly stated, he can still avoid being pinned.

Judge George W. Greer of Florida released the pro wrestler from a commitment to purchase a $4.2 million Las Vegas condo, a property he agreed to buy with estranged wife Linda Bollea back in 2005.

The commitment on the condo, in a sinking Las Vegas real estate market, has been a sticking point in their ongoing legal dealings, with Bollea just last month seeking to get her ex held in contempt of court and jailed for failing to pony up his share of the condo’s purchase price.

Her Miami lawyer, A.J. Barranco, Jr., said that the condo would be a good investment, even if other condo values have gone down, because Linda Bollea believes that their properties sell at a premium.

And if they walk away from the condo, they stand to lose much of their $840,000 down payment.

For Bollea and Hogan, divorce has become a spectator sport, and an example of what not to do. Some observers believe that it will be more than a year before the divorce is final. The divorce was started in 2007.

“We are thrilled that the judge did not require us to continue to engage in the folly of purchasing a $4.2 million condo at a time when we should be considering other matters,” Hogan's attorney, David Houston, told E! News.

Houston added that, in addition to his client getting off the real estate hook, a stipulation outside of court allowed Hogan the right to reside in a beach house that had previously been awarded solely to Linda.

Perhaps this was the judge's way of penalizing Linda Bollea for wasting the court's time. But she also gained some traction too.

Women's rights activists are up in arms about a contentious divorce case in Tennessee that may result in the local marital property laws to be changed. According to an article in Tennessean.com, "a wage-earning husband gets to keep $1.7 million in stock. His homemaker wife gets nothing."

Okay, I admit, when we're talking about the rights of the stay-at-home spouse — and let's face it, while many husbands including my own are starting to stay home, it's generally the wife — and there are a few million dollars in play, I can see why people are getting concerned. Some are suggesting that if this settlement goes through as is, it could be precedent setting and go against state laws.

But, and there's a really big but, I don't think that this case has anything to do with the wife being a homemaker. The court says that the husband is being allowed to keep the stock and not share it because all he did was hold it after receiving it as a gift from his father. Her employment status is irrelevant.

In my opinion — and I know this is going to make me the bad guy — when you decide not to work, you take a risk. A gift given to one individual is just that — a gift with only one intended recipient. If Daddy had given him a cheese knife, is she entitled to half of that, too?

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Thumbs up to Gannett News Service for a nice, long, comprehensive point-by-point breakdown of all the financial matters you need to think about when you go through a divorce.

With the number of divorces there are in the United States, every media outlet in the country could do this story once a month and it still probably wouldn't be enough. There are so many things to remember, and considering it's the worst time in your life, you're bound to overlook some of them.

Long story short, getting divorced is like getting ready to buy a house. Just make off that you're about to go through a loan application. Take stock of all your assets. One tip that jumped out at me was to think about assets that might not typically be on the top of your head, like frequent flyer miles and store reward club memberships. These things may seem insignificant in the grand scheme, but they should be considered and divided up nonetheless.

Another thing lots of people forget is the need to update wills and change beneficiary information. This one is particularly easy to overlook because for at a lot of us, that involves an appointment with a lawyer or financial advisor — and that's just one more thing you have to make time for.

One expert Gannett talked to says one of the key mistakes people make is trying to hold on to their house at all costs. You may get the house, but that means you also get the mortgage and property taxes and upkeep of the house all to yourself. Can you afford that? If you're staying in the house for the benefit of your kids, so they won't have to move and change schools, you should be entitled to more spousal support so you can afford everything you need.

There's lots more in this article — it's a must-read if you're going through a divorce.

The Vienna divorce fair we’ve written about here at FWW got going this week, and to say the least it sounds like a pretty interesting affair.

In addition to lawyers and private investigators on hand looking for business, a couple’s therapist and the Roman Catholic Church also have booths at the event. The church, of course, is opposed to divorce, so that makes their presence pretty interesting. One of the things I wondered about this event was how people were going to manage to discuss their situations with exhibitors in a crowded room. They’ve solved that problem by having private rooms available.

All in all, it seems like a pretty cool idea, though let’s not lose sight of the fact that the whole thing is a business venture. The guy running the show also promotes wedding fairs and he realized the opportunity for a divorce fair by looking at the numbers. According to statistics cited in a Bloomberg report on the fair, divorce has risen by 20 percent in Austria over the past two decades, and two-thirds of the marriages in Vienna end in divorce.

There are plans for more of these divorce fairs in Germany and London. Keep an eye out, because as many divorces as we have here in the U.S., it’s only a matter of time before these shows are happening here too.

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Later this month in Austria, they’re going to have what is being called the world’s first divorce fair. The event will bring together all sorts of resources to help people navigate their way through the end of a marriage -- everything from legal information and tips for spying on your cheating spouse to advice on how to help children deal with what’s happening.

Provided that this doesn’t just turn into a way for money-grubbing attorneys to drum up more business, I think it’s a great idea. As prevalent as divorce is in the U.S., it seems like it’s only a matter of time before events like this one take place here.

The only drawback I can see is that it could be rather awkward to walk up to someone at a booth in a crowded convention hall and start asking for advice or talking about your own situation. Divorce is such a personal thing, it seems like the dynamic of the interactions at an event like this might be a bit stilted. Still, it’s an interesting and worthwhile-sounding concept.

One rather ironic thing, though. The organizer of this event also organizes wedding fairs. Isn’t that versatile?

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Because neither party can buy out the other at today's inflated real estate prices, couples are being forced to sell their property as part of divorce settlements. Thousands of acres of family farms are being sacrificed at land auctions in order to get quick sales.

One agricultural consultant predicted that in the next year, more land will be coming onto the market because of marital breakdown. Some couples, although legally and emotionally separated, are staying together to save the property.

This is not the best way to get on with your life. It may be desirable for the custodial parent to stay in the marital home, but not economically feasible, given rising taxes and maintenance.

In the states, with a decline of real estate prices in many parts of the country, resale is a struggle. If the property is not sold, the parties will not have the capital to make a new purchase.

For non-married co-habiting couples, the problem of jointly-held real estate, becomes even a bigger headache when they want to split. If a buy out is not possible, they may have to stay together, living separate lives.

The ironic twist is that the rising real estate prices actually prompted some of the divorce actions. It was believed that there would be sufficient money to be divided among the parties, to allow for new beginnings. As real estate sales decline in this changing market, divorce may have positive as well as negative consequences.

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Divorce is not a simple process for anyone, but it can take a really long time if you're rich. That's pretty much the main point to pull out of the latest story on pro golfer Greg Norman's divorce.

Now, we've written about this before. But just in case you're new to the story, Greg and his ex-wife Laura Theresa Andrassy are scheduled for another hearing in early November. They're still haggling over who will end up with the tax liability for one of their jets. Yes, that's jets, plural.

And then Laura's attorneys are going to try to make Greg pay her more money because he's been dragging his feet on coughing up the cash he's supposed to give her. As if he's really going to notice it when he finally does pay her. Let's be honest, though. Laura hasn't exactly been destitute, unless you ignore the $725,000 Greg gave her that she and her attorneys burned as they worked out the details of the settlement.

One day I hope I have money problems like these.

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At this time of great emotional pain, making ends meet becomes a daunting task. I've put together a few strategies for money management and living within a budget for all the women out there facing the post-divorce financial crunch.

Changing your lifestyle isn't easy, but if you keep these tips in mind, you can survive post-divorce financial troubles. Don't let yourself and your family become part of the rising debt statistics — manage your money wisely.

Create a Budget:

1. List predictable amounts and sources of income. If employed, use your take-home pay.
2. Record your monthly recurring expenses: rent/mortgage, utilities, food, medical, insurances, transportation, car payment, credit cards, telephone, cable, internet, education, clothing, charity, gifts, misc.
3. For three months, record all of your expenditures — this helps you know where your money is going.
4. If you have more expenses than income, adjustments will have to be made.
5. The final divorce decree should have allocated debt responsibility. Include your share of payments in the budget.

Trim Expenses:

In the latest twist to Bach's rocky story, a judge is threatening to kick her out of her home if she doesn't show up for her scheduled court hearing on October 1.

Along with additional spousal and child support, Bach had asked the judge to delay the financial trial with The Hoff so her accountants had time to review what she claims are multiple boxes of financial documents.

Last time we checked in, Bach was being sued by her former attorney, Gary Mitchell, who claimed the actress owes him some $40,000 in unpaid fees. Mitchell said he represented Bach in her divorce from Hasselhoff for about six months.

Bach has until Wednesday to decide what she's going to do. We're sure she must be at her wits end with this divorce — a dangerous time when rash decisions are often made just to spite domineering ex-hubbies and pestering judges.

Don't fall into that trap, sister! Hold on to those house keys, show up for court, and put this awful chain of events behind you as soon as possible.

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