Arbuckle, 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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| Arbuckle, California News |
Jaime Padilla
A funeral Mass will be held at 10 a.m. today at Holy Cross Catholic Church, 412 Laurel St.
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Community Breifs: Dec 31
Taste of Italy on tap Jan. 31 The Knights of Columbus John Paul II Council of the Sacred Heart Parish will present its second annual "A Taste of Italy" fundraiser from 3 to 6 p.m. on Jan.
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Police Blotter: Dec 31
Jeremiah Apollo Greywolf, 24, of the first block of Grimes-Arbuckle Road was arrested by the Williams Police Department at 4:05 p.m. Dec.
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Tuesday's 'snow day' a delight for kids of all ages
Betty Sheets in Dunnigan was the first person to call in around 8:30 a.m. Tuesday.
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Snow delights local residents
These cows continued munching on their meals despite a minor snowfall in the Capay Valley early Tuesday.
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Snow falling in Woodland
After receiving reports of snow in Dunnigan and Arbuckle this morning, the white stuff started falling in downtown Woodland around 9:25 a.m. The large, fluffy, flakes were not sticking to the ground but were ...
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Businesses cited for violations
Four Colusa area businesses were cited for failing to maintain workers' compensation insurance on their employees following a compliance check in November.
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Crash may lead to DUI charge
A Yuba City man was hospitalized after a car accident early Monday north of Arbuckle and may face a charge of driving under the influence.
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Study to gauge costs for ret...
Future health insurance costs for retired Grass Valley city workers are unknown, and city officials want to see if they're funding the costs at a proper level.
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In the Service: Cody R. Ornbaun
Navy Seaman Recruit Cody R. Ornbaun, son of Mary J. and Clarke F. Ornbaun of Arbuckle, recently completed U.S. Navy basic training at Recruit Training Command, Great Lakes, Ill.
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Colusa readies for Olde Tyme Christmas
Downtown Colusa will be a buzz Friday when the 12th annual Olde Tyme Christmas. More than 70 businesses and venders will close Market St.
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Church's mistake will be backpeddled
We have dozens of Utah families living in homeless shelters, and the leadership of the LDS Church has led a $20 million crusade off through the Nevada desert to California.
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World of change has been witnessed by Georgia Traynham
Georgia Traynham has seen a world of change in her lifetime. She grew up on a farm west of Williams long before radio, television, airplanes, automobiles and electricity.
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Police Blotter: November 26
DUI Antonio Franco Velazquez, 32, of 1000 block of Garrette Street, Arbuckle, was arrested by the California Highway Patrol at 1:48 a.m. Nov.
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'Rare' poultry live the 'happy cows' kind of life
Deborah Raven-Lindley and husband Ken operate Nevermore Farm in Arbuckle, which raises three types of heritage turkeys, all of which are rare and in danger od disappearing.
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Prop. 8 passed locally - by ...
Nevada County voters supported Proposition 8 by just three votes, according to final results released by the Elections Office on Monday.
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Police Blotter: Nov. 21
Police blotter listings are compiled from reports filed with area law enforcement and public safety agencies.
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Accused cop killer seeks trial changes
Lawyers representing Marco Antonio Topete seek to push back the accused cop killer's trial a year and half - and into another city.
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Police Blotter: Nov. 18
Police blotter listings are compiled from reports filed with area law enforcement and public safety agencies.
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LDS Made a Cruel Mistake
We have dozens of Utah families living in homeless shelters, and the leadership of the LDS Church has led a $20 million crusade off through the Nevada desert to California.
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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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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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