Anthony, FL Divorce Buyout in Florida
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 Florida, 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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| Anthony, Florida News |
Report details flaws in cutting impact fees
Citrus County commissioners want to talk impact fees and County Administrator Anthony Schembri is ready as well.
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Unlicensed contractors arrested in Marion sting
One by one they came into the parking lot thinking they were going to be hired to do home improvements on a two-story home in Anthony.
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Lawyer dishes Hollywood 2BD
Michael T. Landen and wife, Jami, sold their two-bedroom, two-bath home in 1454 Tyler St.
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Anthony family spokesman calls it quits in missing Orlando girl case
GAINESVILLE -- The spokesman for the Anthony family who was hired amid the media crush following the disappearance of their granddaughter, Caylee, and the arrest of their daughter, Casey, has resigned, ...
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Fla. Panhandle barber gives Obama haircut
A Florida Panhandle barber chose a unique way to honor Barack Obama: Etching an image of the president-elect's face on the back of a friend's head.
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Equusearch expects thousands to join hunt for Caylee
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Detective in Anthony case told to stop making internet posts
A lead detective in the Casey Anthony case has been hold to stop making blog posts.
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Coast Guard Rescues 5 On Disabled Boat
The U.S. Coast Guard rescued five people aboard a disabled sailboat early Tuesday about 5 miles east of Daytona Beach.
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Local Briefs for Oct. 26, 2008
The Supervisor of Elections office is open in a new location in the Anthony Industrial Park at 981 N.E. 16th St.
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More Arrests Connected To Drug Investigation
The second phase of 'Operation Zero Tolerance' was completed Thursday with the arrest of eight Flagler County residents on drug related charges.
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Local Briefs for Oct. 18, 2008
Published: Saturday, October 18, 2008 at 7:19 a.m. Last Modified: Saturday, October 18, 2008 at 7:19 a.m. Ocala Ex-commissioner to speak on amendments Former County Commissioner Judy Johnson will present "It's ...
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Lend a Hand
Published: Wednesday, October 15, 2008 at 6:30 a.m. Last Modified: Wednesday, October 15, 2008 at 6:58 a.m. Today is the deadline to submit applications for the 2008 Ocala/Marion County Christmas Parade.
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Caylee's mom indicted on murder charge
Casey Anthony, mother of missing 3-year-old Caylee Marie Anthony copes with tears in Kissimmee, Fla.
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Council cuts police position
After some opening pleasantries, the Williston City Council focused on the subject that concerns everyone in the nation: finances.
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Firefighters take safety lessons to Marion schools
The students were excited Tuesday to see the big red fire truck parked beside Sunrise Elementary School.
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Let the season begin
Published: Thursday, October 2, 2008 at 6:30 a.m. Last Modified: Thursday, October 2, 2008 at 7:18 a.m. Take some hot chili.
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Anthony protesters cost cops $4K a week
The Orange County Sheriff's Office is shelling out nearly $4,000 a week of taxpayer money to keep demonstrators in check outside the home of missing Caylee Anthony, FLORIDA TODAY news partner WKMG Local 6 News ...
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TOP STORY Sarah Palin arrived at the Orlando International Airport Friday afternoon.
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Latest Shark Bite Ties Volusia Record
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March of Dimes Gourmet Gala and Auction
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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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