Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

Tallevast, 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

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Tallevast, Florida News
Area postal plant could be closed

The Postal Service is considering closing the plant where mail enters and leaves Sarasota and Manatee counties.


Officials study closing Tallevast mail center

Published: Wednesday, November 26, 2008 at 1:09 p.m. Last Modified: Wednesday, November 26, 2008 at 1:14 p.m. The United States Postal Service is considering shuttering the plant where mail enters and leaves ...


Jazz pros bring passion to shows

Published: Sunday, September 7, 2008 at 1:00 a.m. Last Modified: Friday, September 5, 2008 at 6:40 p.m. Jazz lovers can experience living history through Metro Connection, a collection of professional jazz ...


Exhibit space for large pieces will not reopen

On Wednesday, not a month before reopening its warehouse doors for a fourth season of progressive installation exhibits, mack b projects announced a change of heart: The Tallevast Road gallery will now stay ...


State House: McKenzie, Reagan, Roberson

Published: Sunday, August 10, 2008 at 1:00 a.m. Last Modified: Saturday, August 9, 2008 at 12:20 p.m. District 55: McKenzie Rep.


FOLLOW-UP: Lockhead Cited by State Over Leak at Tallevast

We told you about that leak over the weekend at the former American Berylium plant in Tallevast.


Tallevast residents waiting for results

Residents are waiting today to hear the results of the testing of malfunctioning equipment that led to the spill of polluted water from a treatment plant in the community Sunday.


There was a leak in the groundwater treatment plant.

Fire and environmental personnel were at the former American Beryllium plant in Tallevast over the weekend.


Tallevast death sets off autopsy struggle

The death of a Tallevast resident has set off a struggle between the family, the county, the health department, the medical examiner's office and Manatee Memorial Hospital over an autopsy.


Galvano proposes mediation for Tallevast

Rep. Bill Galvano wants all parties involved in the Tallevast contamination dispute to talk, unencumbered by legal actions.


Crews began installation of Tallevast water lines

County crews began digging trenches along Tallevast Road at 16th Street Monday morning to install permanent water lines to residents, who have expressed concerns for their safety.


Arrest warrant out for 2002 murder

Sheriff's detectives announced Monday that they had issued an arrest warrant connected to an April 2002 murder.


Group fears pending projects

Tallevast residents fear a water line project and plans to dismantle two buildings on an old beryllium plant in their community will put them at risk.


Friday, June 13

Search-engine giant recently rolled the streets of Sarasota and beyond snapping pictures for its Web-based mapping service.


Tallevast Residents protest contaminated Lockheed Martin Site

It has been over ten years since Lockheed Martin, the major defense contractor, discovered a soil and groundwater contamination in the small town of Tallevast, Florida, located between Sarasota and Bradenton in ...


Lockheed outlines plans, but Tallevast fails to show

Lockheed Martin Corp. held an open house Thursday evening to present its plan to remove two buildings on the former Loral American Beryllium Co.


Lockheed Martin plans Tallevast demolition; neighbors worry

Brenda Pinkney worries every day. Her home is near a former weapons manufacturing plant, which is blamed for polluting soil and water in the neighborhood with toxic chemicals.


County Council members to attend 'St. Johns River to the Sea Loop' tourism meeting

Volusia County Council Members Patricia Northey and Andy Kelly will welcome guests at the "St. Johns River to the Sea Loop" tourism meeting, which will be from 10 a.m. - 2 p.m. Thursday, June 12, in Stetson ...


Community on deadly ground

"The community is being taken away from us"

In this deeply rooted village in Southwest Florida, it's not unusual to find generations of the same family living doors apart. via The Orlando Sentinel


Gallery | Toxic ground in Tallevast

Residents of the small town of Tallevast, on Florida's west coast, awoke one morning to discover work crews installing monitoring wells on their property to test the toxicity of their soil and drinking water. via The Miami Herald


Save time with our easy online mortgage application.
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
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)