Rocky Face, 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
| Rocky Face, Georgia News |
Teen hiker spends night in Dalton
From Staff Reports A 19-year-old who is walking across America barefoot to raise awareness of Soles 4 Souls , an organization devoted to sending shoes around the world to those in need, recently spent the night ...
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Friends and Neighbors: Burson cooking up winning recipes
Even though he's only a senior in high school, Steven Burson is no stranger to success.
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Weekend Traffic Accident Kills Rocky Face Man
One man is dead after a weekend traffic accident in Whitfield County. It happened Saturday morning shortly after 10:30am. The Georgia State Patrol tells us 79-year-old Harvey Parsons of Rocky Face was at the ...
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Man killed in wreck
A Rocky Face man died in an automobile accident Saturday morning. A dispatcher with the Georgia State Patrol said a 1995 Nissan Sentra drive by Harvey Leon Parsons, 79, pulled out of Helton Road onto Mount ...
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"To live free is a privilege ..."
In the year since she was promoted to commanding general of the Georgia Army National Guard, Maria Britt has had two to three opportunities a month to speak to civic clubs, church groups and schools.
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Area Arrests for Nov. 12
* Barry Claude Fowler, 37, 4520 Densmore Drive N.E., Dalton, was charged Monday by the Whitfield County Sheriff's Office with failure to register as a sex offender.
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Yarbrough: Kudzu-eating goats may be tourism draw
First, an explanation as to why I am not talking about the elections this week. It is called a deadline.
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Dalton-Whitfield Bank promotes two
Submitted by Dalton-Whitfield Bank Dalton-Whitfield Bank has promoted Bobby Wilborn to assistant vice president and Teri Hing to branch manager of the Rocky Face office, according to bank president J. Alan ...
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Area Arrests for Nov. 1
* Kenneth Alan Davis, 37, 1750 Mount Vernon Road, Rocky Face, was charged Thursday by the Tunnel Hill Police Department with failure to obey a traffic control device, reckless driving, fleeing or attempting to ...
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Area Arrests for Oct. 31
* David Cornelius Dixon, 51, 892 Hawkins Road, Crandall, was charged Wednesday by the Murray County Sheriff's Office with failure to register as a sex offender.
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Area Arrests for Oct. 26
* Larry Robert White, 33, 320 Mount Carmel Church Road, Chatsworth, was charged Friday by the Murray County Sheriff's Office with stalking and harassing phone calls.
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Area Arrests for Oct. 21
* Timothy Lane Bonds, 42, 1011 Riverbend Road, Dalton, was charged Sunday by the Dalton Police Department with two counts of theft by receiving stolen property and possession of less than an ounce of marijuana.
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Area Arrests for Oct. 15
* Shana Nicole Victor, 31, 4022 Ashley Brook Road, Resaca, was charged Monday by the Whitfield County Sheriff's Office with entering an auto or other motor vehicle with intent of felony and aggravated assault.
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Savior in the clouds
Darlene Arnold of Rocky Face took this photo with her cell phone the morning of July 29 as she was traveling down Dug Gap Mountain toward Walnut Avenue.
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Church news
The church is on Lucille Drive. Pastor George Witt welcomes everyone. * Holy Gospel Tabernacle will have a spaghetti plate sale on Friday beginning at 10 a.m. Plates are $6 each, and delivery is available for ...
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2 WWII veterans get monuments at Veterans Park
Betty McBrayer's eyes teared up as she remembered the day 63 years ago her family got word her brother had been declared missing in action.
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High honors for Sept. 16
Barkley on Auburn dean's list Patrick Barkley of Dalton was named to the dean's list at Auburn University for achieving a 4.0 grade point average during the summer semester.
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Church news
There will also be special music. Lunch will be served after the service. There will be no Sunday school or evening service.
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Tennessee: Vols Sixth After Day One at Carpet Capital Collegiate
The No. 10 Tennessee men's golf team fired a 6-over-par 294 to find itself tied for sixth after the first round at the 20th annual Carpet Capital Collegiate played at The Farm in Rocky Face, Ga.
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Texas Tech: Texas Tech Golf in Middle of Tight Field
Santiago Rivas carded an opening-round 72 to lead No. 17 Texas Tech on the first day of the 54-hole Carpet Capital Collegiate at The Farm Golf Club in Rocky Face, Ga.
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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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