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Aragon, 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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Aragon, Georgia News
Aragon hears plans to mark bike path

Chairman Bill Moll, Coosa Valley Regional Development Center, Bike-Ped Task Force, Northwest Georgia, appeared before the Aragon Mayor and Council.

Gas cheaper in Rockmart -- $3.84 Cheapest gas in Cedartown -- $3.94

Gas prices are finally starting to ease up at the pump, though it's not much. Regular unleaded gasoline could be purchased in Cedartown this afternoon for as low as $3.94 at Kroger for reuglar unleaded.

Light turnout continues at Fish Creek precinct

Mid-day voting continues light at precincts in Polk County. Only 165 ballots had been cast at the Fish Creek precinct by 12 noon.

Founder's Day Celebration scheduled in Braswell

Brenda Costello works on plans for the first Founder's Day Celebration in Braswell.

Sheriff's report: April 25 to May 1, 2008

The violations, both misdemeanor and felony charges, were: Traffic charges Altering license plate: 1 Driving while license suspended or revoked: 8 Driving without license: 2 DUI: 5 Expired tag: 1 Failure to ... via Catoosa County News

A Chilling Note

Found this in the e-mail inbox this morning...This happens with a lot of tornadoes, but it's still quite a story: I work at the paper in Dahlonega and a gentleman brought in an item that belonged to Bonnie ... via WXIA-TV Atlanta

Tornado recovery continues for Turner family, their supporters

The church prepares three meals a day for more than 100 people. ARAGON - The family of Mike and Bonnie Turner were at work Friday cleaning up the area around the couples house on Live Oak Road north of Aragon, ... via Rome News - Tribune

Baptist group helps Turner family clean up after storm; here's how you can help

The family of Mike and Bonnie Turner are working today to clean up the area around the couples Polk County house, which was destroyed by Saturdays tornado. via Rome News - Tribune

Cleanup begins after tornado

Cleanup begins after tornado via Rome News - Tribune

Tornado Spins Photo For 100 Miles

"Thought we could get it back to them. Never knew it would be the Turners involved with that tornado."

The tornado that touched down in Polk County lifted things from that area and carried some more than 100 miles. via

Community hit by tornado starts picking up the pieces

"Once I got my family to safety, I started to get and check on some other families"

Two killed in Saturday's devastating storm 03/16/08 From staff reports Email this story to a friend Community emergency response team members evaluate storm damage. via Rome News - Tribune

Photo of boat bearing tornado victim's name found in Cornelia

A woman there found a snapshot of a boat that looks to be the namesake of an Aragon woman killed in the weekends tragic storm. via Rome News - Tribune

Two confirmed dead as tornado rips through Aragon

The storm that spawned the tornado passed through the area around 12:30 this afternoon. via Rome News - Tribune

Man Says Police Sprayed Him; Caused Car To Crash, Explode

"My ear has been burned and my face and I have some type of neck injury but I have to go to surgery tomorrow"

Derrick Williams told Channel 2 the pursuit and crash that left him with second and third degree burns never should have happened. via WSB-TV

Aragon man charged with stabbing death of his wife

Polk County Investigations Capt. Kiki Campbell said Calvin Fredrick Jr., 32, has been charged with the stabbing death of his wife, 22-year-old Jennifer Hand Fredrick. via Rome News - Tribune

Suspect in custody in fatal stabbing

Assistant County Coroner Tony Brazier said the victim is Jennifer Lynn Hand, 22, 1139 Flint Hill Road. via Rome News - Tribune

Drug charges

According to Floyd County Jail records: Justin Dalrymple, 27, of 125 Lake Circle Woodstock, Ernie Davis, 47, and Ernie Davis Jr., 26, both of 168 Brumbelow Road, were charged with felony possession of ... via Rome News - Tribune

2 men facing drug charges

Report: Polk residents found in possession of methamphetamines Two Polk County men were in jail Tuesday night facing drug charges, reports stated. via Rome News - Tribune

Report: Man asleep at wheel had controlled substances

According to Floyd County Jail and Rome Police records: Curtis Frank Lyman, 26, of 308 Old Taylorsville Road was asleep in a vehicle with the car in gear and his foot on the brake at the intersection of U.S. ... via Rome News - Tribune

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