Keystone Heights, 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.
Return to divorce buyout in the state of FL
| Keystone Heights, Florida News |
More volunteers needed as Tax-Aide looks to expand
AARP Tax-Aide, the nation's largest free volunteer-run tax counseling and preparation service, is expanding its service to local taxpayers in Clay County.
|
Keystone to get a little bigger
The agenda at the last Keystone Heights City Council meeting included the first reading of an annexation ordinance.
|
Taylor, Van Zant sworn in
Dwayne Taylor and Charles Van Zant were sworn in this morning to Volusia County seats in the Florida House.
|
CCSO seeks missing KH teen
Lake Region resident Marjorie Turner said on Tuesday that she loves her missing 17-year-old daughter very much and the family misses her greatly.
|
KH teen killed in Alachua County crash
Keystone Heights teen Megan Marty was killed in a three-car collision on S.R. 21 last Thursday at 7:25 p.m. Hawthorne resident Kristen Spires, driving a 2006 Mazda, was also taken to Shands UF with serious ...
|
Best Bets
MUSIC: There's music in the sandy Florida dirt, songs in the scrub glades and tunes that rise and ebb like the tides.
|
New lows in local crime?
According to an arrest report from the Clay County Sheriff's Office, Lilypad Lane resident Stuart Ashley Barnes, 30, of Lilypad Lane was arrested on Oct.
|
Teen killed in car wreck
A Keystone Heights teenager died Thursday night after her car was struck head-on by another vehicle in northeastern Alachua County.
|
Authorities, family seeking girl, 17
Seventeen-year-old Keystone Heights resident Sarah Turner ran away from home on Oct.
|
Why are Jewish people always so darn 'nice'?
Q: I wonder why every time I read about a Jewish person, the sentence always has to contain 'nice.' For instance, on Josh Bernstein: He's a 'nice Jewish boy from New York.' Or Sarah Silverman: a 'nice Jewish ...
|
Family-run Hitchcock's franchise sold
Published: Saturday, November 1, 2008 at 6:01 a.m. Last Modified: Saturday, November 1, 2008 at 12:12 a.m. Alachua-based Hitchcock's sold its 11-store grocery franchise to a Minnesota-based SuperValu franchisee ...
|
Cedar Key chief exits highway for life in the slow lane
Published: Thursday, October 30, 2008 at 6:01 a.m. Last Modified: Wednesday, October 29, 2008 at 11:32 p.m. Before taking over as Cedar Key police chief earlier this year, Virgil Sandlin spent decades as a ...
|
Crist Orders Early Voting Sites To Stay Open Late
Voters in Jacksonville and across Florida began early voting on Oct. 20. ELECTION 2008 VIDEO EARLY VOTING - JACKSONVILLE 10 a.m. to 6 p.m. Monday through Friday, 1 p.m. to 5 p.m. on Saturday and Sunday through ...
|
Dare to Ask: Make me a match, find me a find ...
Dare to Ask Cell Phones Web-posted : Thursday, October 16, 2008 I have a co-worker who cannot get off his cell phone.
|
2 square off for Dist. 21 seat
Flagler contractor found guilty of grand theft Victim's mother testifies in Biketoberfest murder trial Pedestrian killed crossing DeLand street Foster teen missing 9 years found alive and well Motorcycle club, ...
|
What is a nice Jewish boy?
Sharon, from Keystone Heights asks: I wonder why every time I read about a Jewish person, the sentence always has to contain "nice." You never read "Josh Holloway is a nice Baptist boy from Georgia." Columnist ...
|
Lines, Voting Problems Continue For 2nd Day
JACKSONVILLE 10 a.m. to 6 p.m. Monday through Friday, 1 p.m. to 5 p.m. on Saturday and Sunday through Nov.
|
No Need To Wait For Election Day To Vote
After what may seem like an endless campaign for the next president, the end is in sight.
|
Buchanan earns top-3 finish for Keystone
Keystone Heights cross country participant Nathan Buchanan finished with one of the fastest times at the Bob Hans Invitational, hosted by Ridgeview High School in Orange Park on Oct.
|
Airpark alcohol plan okayed
After months of wrangling, the city council has now passed an ordinance giving the Keystone Airpark Authority leeway to grant tenants permission to serve alcohol on city property.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"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
|
|