Adel, 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.
Return to divorce buyout in the state of GA
| Adel, Georgia News |
Blitch files motion to dismiss
Former Superior Court Judge Brooks E. Blitch III recently filed a motion to dismiss two of 19 counts filed against him by the United States District Court.
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Budget cuts shakeup South GA
The State of Georgia has a budget crisis and it's about to shakeup state agencies.
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Folsom, Daughtrey want to be Cook County Sheriff
Two democratic candidates want a chance to be the next sheriff in Cook County. Johnny Daughtrey says his experience at the Sheriff's office and his current position as the Lenox police chief makes him the ...
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A number of Southwest Georgia churches will host a 4th annual simulcast, which starts Friday.
Beth Moore's "Living Proof Live 2008" simulcast will be presented in several churches across Southwest Georgia this weekend.
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Governor appoints attorney to fill Alapaha vacancy
Gov. Sonny Perdue has appointed attorney Howard McClaine of Adel to fill the vacancy created by the resignation of Judge Brooks Blitch of the Superior Court of the Alapaha Judicial Circuit.
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There are Some Questions Even this Columnist Can't Answer
You'd better sit down for this one. I must confess that I, your modest and much-beloved columnist, don't have all the answers.
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I-75 update
Contractors for Georgia DOT will perform major reconstruction of Interstate 75 at different locations between Exit 37 and the Crisp/Dooly County Line.
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I-75 update
Contractors for Georgia DOT will perform major reconstruction of Interstate 75 at different locations between the Exit 37 and the Crisp/Dooly County line.
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ATV claims life of Adel man
An Adel man lost his life following a four-wheeler accident Sunday on Overstreet Road at approximately 11 p.m. Georgia State Patrol troopers responded to the scene where Austin Moody, 30, and his 29-year-old ...
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GBI to provide answers in investigation
As the families of three men killed in a weekend incident gone horribly wrong plan the funerals of their loved ones, Echols County Sheriff Randy Courson said the Georgia Bureau of Investigations report will ...
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ParkPasses Available at Georgia libraries
Georgia's public libraries and Georgia State Parks & Historic Sites are making it easier than ever for patrons to "Get Out.
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Cook County author debuts war novel
"Tripwire" is a novel about two friends from Adel going to Vietnam, but it is also a book about the women they leave behind.
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From the publisher: "Cook County Cookery" and Coleman DeVane's chicken, what a great experience
"Never serve in carpeted rooms." I never knew J. C. DeVane of Adel but I eat his chicken recipe at least twice a year more if I could. via Valdosta Daily Times
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Gas prices pit racing industry
"We are definitely seeing a crunch with the fuel prices. Our 18 wheelers that we use to transport the vehicles, they run on diesel and diesel is the most expensive fuel you see at the pump these days" The racing business takes professional drag racer Joshua Hernandez all over the county. via WALB-TV Albany
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Rant & Rave for Tuesday, May 13, 2008
I'm a citizen in Cook County and I have a rant about two signs side by side in the middle of town asking us to vote for sheriff. via Valdosta Daily Times
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Cake decorating hours expanded
In order to accommodate those in the new cake-decorating category of the 40th Anniversary Valdosta Daily Times Cookbook Contest, competitors who have been chosen for the Taste-off may bring their cakes at 10:30 ... via Valdosta Daily Times
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Cookbook deadline only 2 days away
OK, all you procrastinators: You only have two days left to enter recipes in the 40th Anniversary Valdosta Daily Times Cookbook Contest. via Valdosta Daily Times
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From the publisher: New university regent board member our friend
"Stay alive as long as you live" Governor Sonny Perdue made the right decision recently when he picked W. H. "Dink" NeSmith Jr. via Valdosta Daily Times
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In the presence of history: Tuskegee Airmen share their story to keep legacy alive
"They wanted to show the rest of the world that yes, I'm a part of this country; I want to be a part of this country and I can definitely fight" Click here for video: Watch some of the remaining Tuskegee Airmen speak Wednesday to an audience at Gainesville State College. via The Times
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Biggest Festival Planned
"We have something for everyone" The Great Falls Optimist Club is planning the biggest-ever Great Falls Spring Festival on May 4 from 11:30 a.m. to 4 p.m. The festival will include entertainment for children and adults, games, pony rides, an ... via Alexandria Gazette-Packet
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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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