Appling, 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
| Appling, Georgia News |
Across the area
Police seek driver in hit-and-run fatality Police are investigating a hit-and-run that killed a female pedestrian Monday night on Gordon Highway.
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Unwanted pond sold at auction
In a county where real estate is king and land typically brings top dollar, it took a courthouse sale Tuesday to unload a 7-acre pond no one seemed to want.
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Georgia-Carolina gets ready for flu season
Several counties in the CSRA are getting ready for flu season. Columbia County started giving flu vaccines Wednesday.
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Ambulance coverage shift to be considered
Columbia County Commissioner Scott Dean wants more ambulance coverage for the rural areas he represents.
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Paving a road to nowhere
I'd rather hear a dentist's drill than a road-paver. But most of this week, as fall tenderly arrived, it was the din of road-paving equipment that I endured.
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Flu clinic turnout light
Wednesday, October 01, 2008 11:20 a.m. Few people are showing up for a flu clinic today in Evans.
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Firefighters will hone their skills at training site
Columbia County firefighters now have a place to test fire truck pumps. By spring, they'll have a permanent and versatile center to train for just about any scenario.
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CSRA Gas Tracker
It seems to be on everybody's minds...where to find gas. We here at WJBF-TV News Channel 6 are feeling the pain at the pump, just as everyone else is.
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Paving a road to nowhere
I'd rather hear a dentist's drill than a road-paver. But most of this week, as fall tenderly arrived, it was the din of road-paving equipment I endured.
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New power plants to burn wood
Oglethorpe Power Corp. plans to build as many as three biomass electric generating facilities in Georgia, with the first set to begin operation in 2014.
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Biomass plants to open in Georgia
The nation's largest power supply cooperative plans to build as many as three biomass electric generating facilities in Georgia.
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New dorms would abate jail crowds
Should Columbia County officials prolong the construction of additions to the county's detention center, police say some prisoners might find themselves bunking on the jail floor.
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Central location proposed
A consolidation of Columbia County's Health Department is being proposed to improve operations and increase capacity, but it could mean a longer drive for Raven Katic and other Martinez residents.
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Neighbors are not happy their address's are being changed
You may not think much about your own address until it changes. And then you're forced to change everything from credit cards, to bills, to your driver's license.
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Ned Carlyn (Buddy) Reagin, Sr. 65, dies in GA
Ned Carlyn Reagin, Sr. 65, dies in GA COLUMBIAMAGAZINE.COM OBITUARIES Ned Carlyn Reagin, Sr., 65, of Hazelhurst, GA, died Thursday, September 4, 2008, in Georgia.
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Poop Scoopin' Boogie at Mistletoe Park
This Saturday, Mistletoe Park is having a special "Who Done It" program. The "Poop Scoopin' Boogie" is being held from 11am until noon at Mistletoe Park in Appling.
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14.AUG.08 Fugitive Remains At Large
Ted Dunagan 14.AUG.08 After an all-points bulletin went out Sunday evening on an unknown assailant driving a stolen car, two alert officers with the Monticello Police Department , Thaxton Pennamon and Eli ...
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County studies its use of fuel
Although Columbia County government now has its own fuel tank, fleet officials are doling the gas out sparingly until a usage study concludes this month.
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Across the area
Man charged in fatal shooting after fight An Augusta man was in the Richmond County jail Sunday, charged in the shooting death of a Columbia County man.
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Man charged with murder in shooting death of sister-in-law
Shirley Ann Hunt was laid to rest Tuesday - four days after being shot to death in her home near Dearing and less than 24 hours after her brother-in-law was charged with her murder.
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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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