Adairsville, GA Divorce Buyout in Georgia
Since 1979 Somerset Mortgage Lenders Co. has been considered a leader in the residential mortgage lending business and is currently licensed in 26 states, including Georgia, 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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| Adairsville, Georgia News |
Yanmar America puts HQ in Adairsville
From Atlanta Business Chronicle Yanmar America puts HQ in Georgia Diesel engine maker Yanmar America Corp.
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Calhoun man pleads guilty to two attempted robberies at gunpoint
From Cartersville Daily Tribune News Calhoun man pleads guilty to two attempted robberies at gunpoint During criminal jury trials last week, Superior Court judges Shepherd Howell and Scott Smith accepted guilty ...
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Area Achievers
The following students were named to the University of Georgia summer 2008 Deans List: Adairsville: Christina Leigh Dobbs Emerson: Rachel Christina Brush Rydal: James Logan McKenzie Summerville: Alexandra ...
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Police: Man cut telephone wires; burglaries, thefts reported
An Adairsville man remains in jail this morning after being taken into custody Tuesday by Floyd County Police for allegedly stealing phone wire, reports stated.
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Boys & Girls Club gets $500,000 grant
The Boys & Girls Club of Gordon County will receive $500,000 through the federal Community Development Block Grant program, Gov.
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Year-round aquatic club forming in Adairsville
From Calhoun Times Year-round Aquatic Club forming Young swimmers aspiring to be the next Michael Phelps or Katie Hoff have an opportunity to be part of a year-round swimming program this year.
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Adairsville Man Pleads in Child Porn Case
A 63-year-old Adairsville man has pleaded guilty in federal court to one count of receipt of child pornography.
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Adairsville man pleads guilty in child pornography case
Submitted by the U.S. attorney's office ROME - Jerald Wayne Anderson, 63, of Adairsville, pleaded guilty today before Senior United States District Judge Robert L. Vining Jr.
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Boys & Girls Club receives $500,000 grant
Group plans to buy building for permanent facility 08/14/08 Email this story to a friend The Boys & Girls Club of Gordon County will receive $500,000 through the federal Community Development Block Grant ...
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Adairsville escapee caught
An Adairsville man who walked off from the Rome Diversion Center now faces a felony escape charge, reports stated.
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Clear the air: Coal not a healthy investment
In a July 24 opinion column, Larry Jacobs of Adairsville suggests that people in Early County be provided an opportunity to voice their opinion in the debate over a proposed coal-powered electric plant .
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Man shot by Calhoun officer identified, charged
The Adairsville man shot by a Calhoun police officer during a routine traffic stop early Sunday morning has been identified.
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Castro leads rain-delayed Ga. Open
Click here for the Georgia Open. Former Georgia Tech All-American Roberto Castro fired a five-under par 67 to pace the field during the rain-delayed opening round of the Your Community PhoneBook Georgia Open on ...
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Home invasion investigation nets three arrests
Two Rome men were arrested for a Lyons Drive robbery and a third was arrested for drugs during the investigation of the theft Sunday evening, reports stated.
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Home invasion investigation nets three arrests
Two Rome men were arrested for a Lyons Drive robbery and a third was arrested for drugs during the investigation of the theft Sunday evening, reports stated.
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Home invasion investigation nets three arrests
Two Rome men were arrested for a Lyons Drive robbery and a third was arrested for drugs during the investigation of the theft Sunday evening, reports stated.
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Home invasion investigation nets three arrests
Two Rome men were arrested for a Lyons Drive robbery and a third was arrested for drugs during the investigation of the theft Sunday evening, reports stated.
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Home invasion investigation nets three arrests
Two Rome men were arrested for a Lyons Drive robbery and a third was arrested for drugs during the investigation of the theft Sunday evening, reports stated.
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Home invasion investigation nets three arrests
Two Rome men were arrested for a Lyons Drive robbery and a third was arrested for drugs during the investigation of the theft Sunday evening, reports stated.
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Home invasion investigation nets three arrests
Two Rome men were arrested for a Lyons Drive robbery and a third was arrested for drugs during the investigation of the theft Sunday evening, reports stated.
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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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