Galivants Ferry, SC Divorce Buyout in South Carolina
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 South Carolina, 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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| Galivants Ferry, South Carolina News |
Couple arrested after man stabbed, woman beaten
On January 2 in Galivants Ferry, an officer responded to a domestic call and found a female victim, 30, standing in the carport crying with her shirt about half off She had a busted lip and bruises on her face ...
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Red Cross dishes up for 20 years
Jack and Melba Cypher, both 84, have been serving Christmas meals to Myrtle Beach residents through good and bad times since 1989, the first year the Grand Strand chapter of the American Red Cross offered its ...
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Grandmother's purse taken outside department store
A Galivants Ferry woman told police a man pushed her grandson to the ground to snatch her purse from her while in the parking lot of Wal-Mart, according to a police report.
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In Our Towns
An Horry County committee is meeting Thursday to discuss whether the county should issue bonds to help a developer pay for public infrastructure in a 540-acre development with more than 1,600 units in the Pine ...
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Galivants Ferry man dead after motorcycle accident
A Galivants Ferry man died Monday night after his motorcycle collided with an 18 wheeler in Conway.
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Man assaults 8-year-old boy at bus stop
On December 9 in Galivants Ferry, an officer responded to a location where he had been a number of times.
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NTSB: Pilot error caused Clayton plane crash
A pilot's abruptly banking his plane caused it to crash into a Clayton restaurant 15 months ago, according to the final report by the National Transportation Safety Board.
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Carolina Elementary receives nomination
Carolina Elementary School in Hartsville in the Darlington County School District is among five schools nominated by the S.C. Department of Education to compete in the National Blue Ribbon Schools Program, ...
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Police | Two-vehicle collision kills one
A 76-year-old Loris woman died in a two-vehicle collision near Aynor on Sunday night, S.C. Highway Patrol officials said.
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Church burglars caught
Horry County police arrested two people and charged them with robbing a church. Robert Wayne Melton, 30, of Galivants Ferry, is charged with second degree burglary and third degree larceny.
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Man beaten, robbed in Conway parking lot
A 44-year-old Galivants Ferry man told police he was robbed in the parking lot of Carolina Acres complex when several men beat him, a police report showed.
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Operation "Clean Sweep" helps offenders avoid arrest
The Horry Independent and the News & Shopper, 2510 Main St., Conway, SC 29528 Phone: 843-248-6671 FAX: 248-6024 Operation "Clean Sweep" helps offenders avoid arrest 11-13-08 The Conway Police Department is ...
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Man charged in shooting arrested in unrelated stabbing
A man facing charges from an October shooting was arrested again during the weekend on charges he stabbed two people inside an Aynor home, police say.
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Two people arrested in fatal hit-and-run
Two people were arrested and charged today in connection with a hit-and-run incident that killed a 24-year-old Conway man Oct.25. Kevin Mincey, 23, of Galivants Ferry, was the driver of the sport utility ...
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Shooting victim charged
The victim of a shooting at a Aynor home has been charged with burglary for breaking into the home of a man charged with shooting him, Horry County police said Tuesday.
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Woman reports her snakes stolen
On October 6 in the Conway area, a female victim, 20, said the male subject, 33, was watching her pet snakes while she was moving.
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Crime | Parking lot fight, false 911 calls
On September 14 on Hwy 544, an officer responded to a fight in a parking lot. An intoxicated, hostile male began yelling that the officer had a gun and everybody had better get out of there before he shot them.
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Bond set at $200,000 on Galivants Ferry grandmother
A circuit court judge set 37-year-old Julia Shawnette Gorman's bond at $200,000 at a bond hearing Tuesday in Conway.
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Galivants Ferry
A flood warning still is in effect for the Little Pee Dee River at Galivants Ferry, according to the National Weather Service.
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Flood warning issued for Galivants Ferry
Minor flooding was reported Saturday morning on the Little Pee Dee River at Galivants Ferry, according to the National Weather Service.
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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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