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Pearson, 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
| Pearson, Georgia News |
Woman's body found in Pearson
Authorities are investigating the death of a woman whose body was found on the side of a road in Pearson Sunday afternoon.
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Woman's body discovered in Pearson
Atkinson County authorities are investigating the death of a woman. The woman's body was found beside a road in Pearson, and officers suspect foul play.
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Federal prison could boost Pearson's economy
The country's immigration problems could actually help solve a small community's economic problems.
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Pearson woman, two toddlers in wreck
A Pearson woman and two small children are in serious condition after an accident in Coffee County yesterday afternoon.
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Pearson officer suspended
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Candidates outline platforms at Rotary luncheon
" With a week to go to election day, the four candidates for Northumberland-Quinte West briefly presented their platforms at a Rotary Club luncheon Oct.
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Pearson police officer charged with extortion
A Pearson Police officer is arrested, charged with extorting money from drivers.
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South Ga. officer accused of bribes
A south Georgia police officer is accused of extorting money from Hispanic drivers in Atkinson County.
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Americans Still Struggling With Pants
I'm back from Greece, without much to report in terms of legal developments there, at least during the last 2500 years or so.
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Gerald Kennedy's time as Liberal statesman has arrived against NAU-supporting Stephane Dion
Gerald Kennedy while he was campaigning for the Liberal Leadership to replace former Prime Minister Paul Martin.
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Texas Readies the Stones
Our cowboy president took his best horse, the one who gallops at the slightest touch, the one who never asked for anything other than a rub on the nose and a place to sleep... our cowboy president took him and ...
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Family resolves to take its fight over exorcism to U.S. Supreme Court
By MAX B. BAKER Laura Schubert Pearson was an impressionable 17-year-old when friends in her church youth group thought demons possessed her.Repeatedly, over two days, the youth pastor, his wife and others ...
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Builder to finish stalled project
Those attending the celebration of a vacant building's beautification found renewed hope for a downtown icon.
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Architects Named Small Business of the Year
The Springfield Chamber of Commerce today named Pellham Phillips Architects & Engineers as the 2008 Small Business of the Year. via OzarksFIRST.com
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10 Country: John's Retro Technology
"I was looking for a project for my students that involved alternate forms of energy" Ware Co.- Finding John Cribbs' home on Smith Street west of Waycross is easy. Traveling south, just after the pavement ends and a sandy road begins, look for a white frame made of plastic, PVC pipe with a chain ... via WALB-TV Albany
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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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