Pavo, 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
| Pavo, Georgia News |
Weekend roadblock nets several arrests
The Moultrie Police Department made several traffic-related arrests Friday night during a road check.
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Woman charged in stabbing
A Moultrie woman was apprehended after she allegedly stabbed a man in the arm during an argument Sunday afternoon.
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Pavo council candidate withdraws
One week before the Pavo electorate chooses a city council member, one of the candidates has withdrawn from the race.
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At least 4 injured in Wednesday accidents
At least four people, including a 1-year-old child, were taken to Colquitt Regional Medical Center with injuries from two separate accidents Wednesday afternoon.
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Small-town clinics move
Primary care clinics in three small Thomas County towns moved to Thomasville, effective Wednesday.
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Traffic charges among 8 arrests
Eight people were arrested in Colquitt CountyThursday and early Friday. All but one face traffic violations charges.
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Calendar Friday's events
Saturday 10:30 a.m. - South Georgia Genealogical Society meets at the Thomas County Public Library.
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Forgery suspect arrested, admits acts
A Pavo woman was charged with forgery Thursday after admitting the act. Suzanne Kathleen Chambers, 34, 1036 Sycamore St., Pavo, told a Thomas County Sheriff's Department investigator she was the woman ...
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Property transfers for the July 2 edition
The following property transfers were recently recorded in the Colquitt County Clerk of Court office: Todd Buckner Designs, Inc.
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Police concern over missing girl
Police are concerned for the welfare of a 13-year-old girl who has been missing from her Gloucester home for two days.
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Hydrant tests under way
Thomas County Fire Department officials are advising residents to not be alarmed by plastic bags over some fire hydrants in the six municipalities under its jurisdiction.
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Rant & Rave June 27
"Our family would like to take the time to thank all those who responded when our son totaled his truck Saturday evening in Pavo - the local police, sheriff's deputy, ambulance and rescue workers and local ...
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MTC's Horton named DEX Student of the Year
Janice Horton, of Tifton, received the prestigious Delta Epsilon Chi Student of the Year Award at the annual Moultrie Technical College Student Awards Banquet held June 9 in the Moultrie Technical College ...
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Dr. Reatha Clark King: a modern-day research chemist/scientist
Reatha Clark King. The primary focus of these articles has been on her role as research chemist, but I want to elaborate on her many accomplishments. via Minnesota Spokesman-Recorder
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Downtown Pavo will play host to the 21st annual Peacock Festival Saturday.
"The Peacocks, being the other prominent family, said they wanted the town to be named for them" Southwest Georgians looking to celebrate one of the world's most ornate birds should head to Pavo this weekend for the 21st annual Peacock Festival. via The Albany Herald
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Thefts, damage top $12,500
Law enforcement officials may have only had thefts be their major calls recently, but they were significant in value. via Moultrie Observer
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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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