Ahwahnee, CA Divorce Buyout in California
Since 1979 Somerset Investors Corp. Co. has been considered a leader in the residential mortgage lending business and is currently licensed in 26 states, including California, offering its expertise in many of the circumstances that life brings to many homeowners. In most cases Somerset has been able to provide lower payments for the spouse remaining while giving large cash outs to the other. Our Divorce Buyout Loan Specialists work with you to determine how much of a loan you need and what it will cost to refinance.Following is an example of how Divorce Buyout works:
Example: John and Jane own a house valued at $500,000, with a mortgage (or mortgages) that total $300,000. If you subtract the value from the total loan about ($500,000 - $300,000) you get the equity of the house, in this case $200,000. If John and Jane split their assets 50-50, each have $100,000 equity in the house. Therefore, if John wishes to keep the house, he would need to refinance the mortgage(s) with a total loan amount of $400,000 and use the remaining $100,000 to buy out his spouse.
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| Ahwahnee, California News |
How it is: Exploring a phantom pain in dreams
Kathy showed up a couple of nights ago. I never know when she's coming - we go through months, sometimes even years, and then there she is.
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Deadline on signs has arrived
With just three working days left until the Dec. 2 deadline to meet the area's sign ordinance restrictions, 40 percent of businesses have made no effort at compliance, said county planner Scott Harmstead.
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Soldier hurt in bar fight
Madera County sheriff's deputies arrested two suspects mid-day Wednesday for the bar room beating of a 23-year-old Oakhurst soldier that left the victim hospitalized with a fractured skull.
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1 killed in 3-car crash
A 27-year-old man from Fish Camp was killed Thursday on State Route 41 when his car collided with two other cars and then went over the embankment.
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Add a simple and inexpensive touch of autumn with a colorful man of straw
Supplies you will need: Long-sleeved shirt Old pair of jeans or pants Old pair of socks or boots Gardening gloves Straw hat Baling twine or string Safety pins Pillowcase Rags, newspapers or straw for stuffing ...
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Follow a trail of art through the southern Yosemite foothills
If you go Sierra Art Trails , 10 a.m.-6 p.m. Saturday and next Sunday. Various locations in the Yosemite foothills.
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OK everyone, keep it clean
It's been a long summer with lots of litter. Volunteers working with the Keep Eastern Madera Beautiful Committee will be cleaning it up Saturday from 8 a.m. to noon and you can help.
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County may spend millions on buildings
In 20 years, Madera County may see more than a third of a billion dollars in new county buildings - everything from a new central garage and new Oakhurst library, planned to be started next year, to new parks ...
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French Laundry Wins for Food and Gary Danko for Popularity in Just...
French Laundry Wins for Food and Gary Danko for Popularity in Just Released Zagat 2009 Bay Area Restaurants Survey Other Top Spots: Garden Court - Decor: Seasons - Service SAN FRANCISCO, Sept.
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Wild Swine Destroying Yards, Fences
Wildlife experts said something is driving wild pigs amok in neighborhoods around the Sierra Nevada foothills.
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Pigs making themselves at home in foothill yards
Wild pigs roaming the Central California foothills are turning rural yards into hog heaven, ripping through lawns and shrubbery as they seek roots, worms and other buried edibles.
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Taylor to wed Gallagher
Patricia Taylor of Fresno wed Dan Gallagher of Ahwahnee, Saturday, June 21, 2008 at the Our Lady of Victory Church and a reception followed at the Fort Washington Golf and Country Club both in Fresno.
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Wild pigs still causing havoc in Ahwahnee
Late one night three weeks ago, Nancy Harmelin woke to a rustling sound in her yard.
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Powered by God
Lakewood looks like a nice enough place to live. A dog cavorts on a lawn, balloons float up from the Dayspring Church carnival and two people greet a stranger and invite him to join the fun.
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We're living with fire
It's been a scary summer for the Mountain Area. The fire season kicked off in a hurry when lightning-caused blazes touched down near Ponderosa Basin and Fish Camp in June.
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Telegraph Fire Disrupting Yosemite Tourism
Despite heavy smoke shrouding the rocks at Yosemite, the park remains open. Park officials shut off the power Saturday afternoon just as a precaution for firefighters.
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Telegraph Fire Disrupting Yosemite Tourism
Despite heavy smoke shrouding the rocks at Yosemite, the park remains open. Park officials shut off the power Saturday afternoon just as a precaution for firefighters.
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Telegraph Fire Disrupting Yosemite Tourism
Despite heavy smoke shrouding the rocks at Yosemite, the park remains open. Park officials shut off the power Saturday afternoon just as a precaution for firefighters.
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Local: Still air hampers efforts to quell fire
Lack of winds to clear away ground smoke foiled a planned daylong air assault Wednesday on a lightning fire in southern Mariposa County -- but it also stalled the spread of flames toward nearby homes.
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One fire contained in Mariposa County
Firefighters continue to make good progress in battling the lightning-caused fires that have been burning since Saturday in Mariposa County in the Sierra National Forest.
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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