|
|
Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
|
|
|
Alto, GA Divorce Buyout in Georgia
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 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
| Alto, Georgia News |
Man on the loose after police chase
A suspect evaded police in a pursuit through Hall and White Counties on Saturday.
|
Bigfoot question continues
Two Georgia men went before a national audience Friday on CNN during a news conference in Palo Alto, Calif., presenting photographs and DNA results on a body of what they claim is a Bigfoot found in the North ...
|
More of this story
It all happened swiftly. Armed with search warrants, some 20 police officers from Cornelia, Baldwin, Alto and Toccoa fanned out to nine locations in Cornelia Thursday afternoon to confiscate more than 40 video ...
|
Lumite To Buy Propex Plant
Plans are underway at Lumite Inc., a geotextiles specialist headquartered in Gainesville, GA, to acquire the Yonah plant of needlepunch roll goods producer Propex Inc.
|
1977 Pontiac Trans Am - Goldenrod Go-Getter
Of course, 99 times out of 100 we never found out because the original owner couldn't be located to answer our query.
|
Baha'i faith picnic celebrates diversity in community
Red and yellow, black and white were all welcomed to the Race Unity Day picnic at Wilshire Trails Park by the Baha'i faith of Hall County.
|
In full bloom: Vendors tout drought-resistant plants at expo
"I wanted to see the Master Gardeners and get some new things" Enthusiasts turn out to seek advice for garden improvement By Edie Rogers erogers@gainesvilletimes.com A breezy Friday didn't deter gardening enthusiasts - or those looking for tips to become one - from the ... via The Times
|
1 killed in Habersham Co. wreck
One person was killed near Alto Tuesday morning in a two-vehicle wreck on Highway 365 at Crane Mill Road, authorities said. via WDUN-AM Gainesville
|
Tornado deja vu: Victim's canine registration papers blew from Polk County to Alto
"This has just been the eeriest experience today to find this and to discover what had happened and everything." Turner family photo found earlier in Habersham County Tornado victims' photo landed in Habersham County driveway Lanier update Rain Wednesday: Three-fourths of an inch. via The Times
|
23 percent
Alto general budget up 23 percent Water budget falls 1.2 percent BY SHARON HOGAN The Alto City Council approved a proposed 2008 general fund budget of $545,341 at the council meeting on Tuesday, Feb. via Jackson Herald
|
High today only in the mid-30s
An Arctic air mass sent temperatures plummeting into the low 20s across metro Atlanta early today and brought enough snow to parts of extreme North Georgia to close schools in one county. via Atlanta Journal-Constitution
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
|
|
|
|
|
|
© 2006 Somerset Investors Corp. All rights reserved. |