Mount Berry, 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
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Geography of Rome
"Geography of Rome." 30 March 2008. HowStuffWorks.com. 20 November 2008. Rome, Georgia, the seat of Floyd County.
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Coming up today
Northwest Georgia bikers will be riding for a cause today in the Born To Be Wild Ride, hosted by XL.
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1 injured in wreck on Martha Berry Highway
A Rome woman was injured in a two-vehicle wreck on U.S. 27 North that slowed traffic near Mount Berry Square mall for about a half hour Friday evening.
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Cyclists to circle the mall tonight
The ride will begin in the parking lot of Mount Berry Square mall tonight at 10 p.m. This is meant to be like a last fun fling during the summer.
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Shopping center gets makeover, new name
By William T. Martin / RN-T ... ...Walking down into a damp, dark cave, Christi Sulzbach decided she was no Indiana Jones when a companion reported having seen a snake there on his last visit.
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West Rome Baptist picks new pastor
"I know God has huge plans, not just for this church, but for Rome and Floyd County." Jarrod Roberts baptizes his daughter, Taylor, in November. West Rome Baptist Church named Rev. via Rome News - Tribune
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Word on the Street
Jeweler consultant at Ford, Gittings & Kanes on Monday Ford, Gittings & Kane Jewelers invites customers to its store Monday for a non-sales event to meet Patrick Stout, education manager at the American Gem ... via Rome News - Tribune
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Heritage First to break ground on new location
Chairman Barry Hurley will make remarks, and officials with the Greater Rome Chamber of Commerce will provide the gold shovels. via Rome News - Tribune
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Tax Deadline Extended/Tornado Area
Victims of recent storms in Georgia may qualify for tax relief from the Internal Revenue Service. via WSB-AM Atlanta
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Events of interest, in and around Rome
MONDAY The Floyd/Rome Retired Educators Association will meet today at 11:30 a.m. at the Senior Adult Recreation Center, 1325 Kingston Road. via Rome News - Tribune
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Storm Victims Get Tax Filing Extension
Victims of storm damage in Georgia may be eligible for an extension on Tuesday's income tax filing deadline. via MyFOX Atlanta
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Freeze Watch Issued in Metro Atlanta
"Tonight we'll see the clouds clear on out and that's going to set the stage for the cooler temperatures tonight. The possibility of a little bit of frost, we think we're gonna have enough wind that it's not going to be a widespread frost event" The middle of April brought unseasonably cold air into the Metro Atlanta area Monday with noontime temperatures only reaching 47 degrees and snow flurries reported at Brasstown Bald in Northeast Georgia. via MyATLtv.com
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Armuchee sign citations drawing fire
Code enforcement officers have been moving down Martha Berry Highway, issuing warnings and citations to businesses violating sign and property maintenance regulations. via Rome News - Tribune
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What's the future for Georgia's DOT?
Work on major road projects around the state could come to a grinding halt. The Georgia Department of Transportation is in a financial mess and simply doesn't have the money to pay for all the construction it ... via WALB-TV Albany
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Helpful information for disaster applicants in Georgia
' Help comes in many forms following major disasters. The information below may assist disaster applicants in Bartow, Burke, DeKalb, Floyd, Fulton, Jefferson and Polk counties with tax issues, unemployment and ... via WRDW-TV Augusta
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Tifton scientist working on new energy process
"But it's just new to me. I sure hope it's viable and promising. And I hope it stays in Georgia." Taking inspiration from a cow's digestive tract, bacteria from a South American catfish and raw material from pretty much any plant that grows, Tifton scientist J.C. Bell may have come up with an ingenious way ... via The Macon Telegraph
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Two teams take reading skills to state
Each year, the top four regional Reading Bowl teams travel to Athens to take part in the Helen Ruffin Georgia Reading Bowl. via The Coastal Courier
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Rotarians hear of Alzheimer's
Stacy Floyd with the Coastal Georgia Regional Office of the Georgia Chapter of the Alzheimer's Association spoke at The Hinesville Rotary Club meeting on March 25. via The Coastal Courier
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Golfer statues aren't moving for Masters
"They are wonderful statues and we certainly want everyone to enjoy them once we get a more long-term solution" The Georgia Golf Hall of Fame's most famous residents won't be emerging from hibernation anytime soon -- even during Masters Week. via Augusta Chronicle Online
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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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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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