Grayson, 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
| Grayson, Georgia News |
New program a dirty way to treat garbage haulers
Buddy Johnson was about to step into a meeting when I reached him on his cellphone.
|
Snellville mayor butt of jokes over crematory
Jerry Oberholtzer can't catch a break. The Snellville mayor has watched in frustration as a months-long crematory controversy has enveloped his city.
|
Gwinnett has bevy of races
Loganville voters in Gwinnett County, as well as voters in Grayson and Snellville, have some important races to vote on at the local level this year.
|
'Peaceful existence' re-created
Mark and Angela Wirt searched for a unique community and an opportunity to customize a home for themselves and their children, college student Joseph and high-schooler Andrew.
|
Helping hands during dire times
Timothy sat on a folding chair, answering questions while his daughter sat beside him coloring.
|
Man in fake robbery makes formal apology
A Grayson businessman accused of faking a robbery to cover up a theft from a relative issued a written apology Wednesday.
|
Police: Grayson man fakes robbery story, implicates innocent man
A Grayson businessman stole more than $200,000 from a family member and then faked a robbery to cover it up, Snellville police said Tuesday.
|
Sheriff defends proposed contract with Sugar Hill
While Sugar Hill weighs its options on added police patrols, Sheriff Butch Conway is taking exception to the way the county government is portraying his department's ill-fated agreement with the north Gwinnett ...
|
Young, Insured Cancer Patient's Parents Risk Bankruptcy For Treatment
Main Category: Health Insurance / Medical Insurance Also Included In: Cervical Cancer / HPV Vaccine Article Date: 08 Oct 2008 "I was 20 and knew I needed to pay a visit to my gynecologist because it is ...
|
Sugar Hill looking for new police patrol deal
Sugar Hill is on the lookout for another plan. Still reeling from having a proposed police patrol agreement with the sheriff's office nixed by the county, the north Gwinnett city of 17,000 is exploring other ...
|
Gas shortage: 2 more weeks?
Atlanta's chaotic gasoline shortage should be back to normal by Columbus Day, Oct.
|
GRAYSON: Former teacher pleads guilty
A former Grayson High School teacher will spend the next four months in jail for a December 2007 sexual assault in which he confined a female student to a classroom trailer and fondled her.
|
Rams head south, play W. Robins
Grayson got a chance to relish in the thrill of their Aug. 23 season-opening win over McEachern for a few extra days.
|
Southern Recipe Restoration Project: Spaghetti on side at Grandma's
The contributor: Marlene Taylor, 61, retired showroom manager from Grayson. The story: "My grandmother's side of the family, the Estes, had deep roots in Troup County.
|
Seeing greater need, food co-op hopes to expand
Laura Drake checked the shelves at the Southeast Gwinnett Cooperative Ministry. There was one box, packed and ready for a family, and a handful of canned goods.
|
L'ville reloads for another title chase
When Loganville takes the field Tuesday in the 2008 high school softball opener, the Lady Red Devils will be represented by experience and/or talent at every position.
|
Vandals strike at Vines attraction
The little town of Vines City is part of the miniature landscape of the Vines Garden Railroad in Loganville.
|
Back to school in Habersham, Banks counties
The new school year began Friday in Banks and Habersham counties with Habersham opening a new school - Fairview Elementary.
|
PARKS & RECREATION: County offers all shapes and sizes
Don Hughes admitted he wasn't on his game Tuesday morning at Tribble Mill Park. With sweat drizzling down his cheek, the 73-year-old retired engineer from Lawrenceville unlaced his cycling shoes as the sun, ...
|
Gwinnett gets ready for school to begin
As Loganville students in Walton County settle in to a second full week of school, students in Gwinnett County are getting ready to head back Monday for the start of the new school year.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
|
|