Roswell, 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
| Roswell, Georgia News |
Man who crashed had fight, lost job
Christian Michael Gomez and his wife had been fighting Tuesday morning before he dropped her off at Hartsfield-Jackson International Airport, Roswell police said.
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Nasty Wreck on Ga 400
A man was split in half in a horrific accident Tuesday afternoon on Georgia 400.
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Roswell Congressman picked to lead conservative house group
Georgia Congressman Tom Price won one of the most prominent conservative posts on Capitol Hill Thursday as he was elected as chairman of the Republican Study Committee for the next Congress.
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Driver Killed In Gruesome Ga. 400 Crash Named
Roswell police identified a driver Wednesday who was killed and cut in half in a high-speed crash on Georgia 400.
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Man Killed In High Speed Wreck Identified
A horrific scene on Georgia 400 on Tuesday, when a man police said was driving more than 120 mph crashed into a bridge abutment.
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Roswell Dance presents Nutcracker
Milton resident Rachel Barker will play the role of "Clara" in the upcoming production of The Nutcracker by the Roswell Dance Theatre.
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Roswell Police Identify Crash Victim
Police identify the driver killed in a crash on Ga. 400 as 35-year-old Christian Michael Gomez of Roswell.
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Dshocker AKA Aush0k Hacker Pleads Guilty to Computer Felonies
Another teen hacker in the news, this guy looks like he has some formidable skills though with the list of crimes he's perpetrated.
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Driver clocked at 120+ mph dies in crash
A motorist clocked by Alpharetta police at more than 120 mph was killed moments later when the vehicle he was driving struck a bridge abutment in Roswell on Tuesday.
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Roswell to pay $100k for affordable housing unit
Roswell city officials voted Monday to give $100,000 in federal housing funds to AHMEN Housing, which plans to acquire a condominium in the Martin's Landing neighborhood for preservation as an affordable ...
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Thanksgiving in Alpharetta, Roswell, or Duluth, GA
One of my clients is looking for a restaurant that would be open on Thanksgiving in the Alpharetta, Roswell, or Duluth area.
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Jan Jones Elected Majority Whip
By John Fredericks / STAFF State Representative Jan Jones became the first Republican woman Majority Whip in Georgia history.
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Undercover Cop Busts Counterfeiting Scam
Alpharetta police have once again proven that crime doesn't pay, not even with fake money as two men were arrested last week for operating a scam involving counterfeit money.
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India Chef: Where everybody knows your name
Hafiz Uddin runs India Chef on Holcomb Bridge Road, Roswell's original Indian restaurant.
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The Eyes Don't Have It: Roswell Council Denies Eye Doctor Bid
Roswell Council denied a zoning change to allow this vacant building tenants. By John Fredericks / STAFF While many area retailers are retrenching as they brace for what is projected to be a nightmare economic ...
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Alpharetta Re-examining Election Process for Judges
By Jonathan Copsey / STAFF At last week's Alpharetta city council workshop, Councilman D.C. Aiken brought up the subject of electing judges.
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ER Urgent Care Signs Letter of Intent for Atlanta Area Center
Mark Solomon, President of ER Urgent Care Holdings, Inc. , announced today that the Company has signed a letter of intent with an Atlanta area group of investors who wish to open an ER Urgent Care Center.
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Ambulance Siren Scares Off Home Invasion Gunmen
Roswell police say two men barged into a home on Foe Creek Drive Wednesday morning, demanding money from three sibling students from Africa and shooting one in the hand.
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Gunman Demands Drugs, Money During Roswell Home Invasion
Police are investigating a shooting during a home invasion at a house on Foe Creek Drive Wednesday morning.
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One Shot in Roswell Home Invasion
Roswell police are hunting for a pair of home invasion suspects who terrorized three foreign exchange students.
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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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