Kennesaw, 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
| Kennesaw, Georgia News |
Alabama: Kennesaw man dies in Fort Payne crash
A 47-year-old Kennesaw, Ga., died Friday morning when the tractor-trailer he was driving crashed near Joe's Truck Stop, police said.
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Ohio murder suspect nabbed in Kennesaw
A fugitive wanted for an Ohio murder was arrested at a Kennesaw motel Thursday night, authorities said.
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Breedlove - Fowler engagement
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Kennesaw driver in fatal hit-and-run turns self in
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Bicyclist Hit, Killed; Kennesaw Driver Turns Himself In
Police said a driver who hit and killed a man on a bicycle and didn't stop has turned himself in.
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Man Convicted Of Killing Ex With Sword
A Cobb County jury has convicted a 31-year-old man of stabbing his ex-girlfriend in the heart with a sword.
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Cyclist killed by hit-and-run driver
A 64-year-old Acworth cyclist was killed by a hit-and-run driver early Friday morning on his way home from work.
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Convicted of killing ex-girlfriend with sword
November 13, 2008 COLUMBUS, Ga. -- It is perhaps one of the biggest decisions we face, choosing a doctor, a hospital.
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Kennesaw Police Search for Driver in Fatal Hit-and-run
Police in Kennesaw said Friday, Nov. 14, 2008 they were looking for a hit-and-run driver who killed 64-year-old John Wigren.
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Conviction in Samurai Sword Murder
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Kennesaw man guilty of killing girlfriend with sword
A 31-year-old Kennesaw man who stabbed his ex-girlfriend in the heart with a sword in a Cobb County restaurant two years ago was found guilty of murder Thursday.
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Lady Bulldogs land 4 new players; Tech picks up 3
Georgia picked up four players at the start of the early signing period for women's basketball, while Georgia Tech added three newcomers.
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Alcohol license lost because of Facebook photos
A Kennesaw restaurant lost its license to serve alcohol after photos of underage drinkers surfaced on Facebook.
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Ryla Continues Domestic Jobs Creation during Economic Downturn
Ryla , a leading provider of outsourced call center and customer contact solutions, is in the midst of increasing local jobs, both full-time and seasonal, at its Kennesaw headquarters.
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Newsome named president Hapag-Lloyd
Jim Newsome will become president of Hapag-Lloyd Inc. on Jan. 1. Newsome, senior vice president of the Southeast, based in Kennesaw, Ga., will take over from current president Klaus Altstadt, who is retiring at ...
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Forbes: Kennesaw among best places to sell a home
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Craigslist Sex Operation Leads to Arrests of Six Women
Cherokee County authorities arrested six women Thursday after receiving a tip about an illegal sex operation advertised on Craigslist.
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Laundry Room Makeover
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North Cobb grand champs
Perfect fall weather provided the ideal backdrop for a Saturday of music and precision marching as Newnan High School's Marching Cats played host to the 29th annual Old South Marching Festival.
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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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