Marianna, 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
| Marianna, Florida News |
Cause of Pregnant Womana s Death Revealed
The 18-year-old pregnant woman found dead in her Marianna apartment last week died of complications associated with diabetes, according to Lt.
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Attempted murder trial is Thursday
Jonathan David Moodie is set for trial Thursday in Marianna on two counts of attempted murder.
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Marianna firm gets bottling plant contract
Jackson County Commissioners have hired Melvin Engineering to administer a state grant related to a new water-bottling plant to be build in the Marianna Industrial Park.
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Teen found dead
Marianna police are conducting an investigation into the death of an 18-year-old pregnant woman whose body was found in her apartment late Tuesday afternoon.
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New Access Road to Chipola College
If you've ever tried to get to Chipola College in Marianna, and you're not familiar with the area, it can be difficult.
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Prep roundup (Nov. 28): Late shot gives Marianna win over Cottondale
Marianna's Trey Long stole an inbound pass and scored a 3-pointer at the buzzer to give the Bulldogs a 71-70 boys basketball victory over visiting Cottondale on Friday.
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Police Roundup for Nov. 25
MARIANNA POLICE The Marianna Police Department listed the following incidents for Nov.
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Alford man charged in attack
An Alford man has been charged with aggravated battery and attempted robbery after allegedly attacking a juvenile with a pepper spray-type substance and then striking him in the head.
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Reckless driver hits police car
A Marianna man was arrested Tuesday after allegedly ramming an officer's cruiser with the black Mustang he was driving.
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Jetronic Industries Signs Definitive Agreement to Acquire New Bastion Development, Inc.
Jetronic Industries, Inc. announced that it has entered into a Definitive Share Exchange Agreement to acquire New Bastion Development, Inc.
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Crist appoints four to Jackson County Hospital Corporation
Gov. Charlie Crist on Tuesday appointed four persons to the Jackson County Hospital Corporation.
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Three shootings in Marianna Wednesday
The Marianna Police Department handled three shootings Wednesday, but no related arrests have been reported so far.
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Stolen Credit Card Used in Marianna
On October 30, a report was filed with the Bay County Sheriffa TMs Office in reference to a missing credit card.
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Police Roundup for
MARIANNA POLICE The Marianna Police Department listed the following incidents for Nov.
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Neighbor saves baby from fire
Not all was lost in a fire that ravaged Crystal Dunaway's house early Tuesday morning.
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Murderer Gets Life
Harry Davis was sentenced to life in prison without parole in Marianna Monday afternoon for the murder of Peggy Williams, a Jackson County woman last year.
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Mike Padgett is 2008 Tree Farmer of Year
Being selected as Tree Farmer of the Year for 2008 was an honor, Mike Padgett said Wednesday.
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Mandy E. Bell, 97
Mandy E. Bell, 97, of Lakeland, Fla., died Sunday, Nov. 9, 2008, at the Consulate Health Care Center at Lake Parker in Lakeland.
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Marianna announces plans for Christmas Parade, Winterfest
This year's Marianna Christmas Parade will be an even larger event than in years past, with the all-new Winterfest slated to take place before and after the parade.
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Sheriff Takes Office Early
Jackson Countya TMs newly elected Sheriff, Lou Roberts, has been appointed as interim sheriff by Governor Charlie Crist.
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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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