Sharpsburg, 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
| Sharpsburg, Georgia News |
Shootout Wakes Quiet Coweta Subdivision
It was 8:00 in the morning. Many people in Sharpsburg's Line Creek Cove subdivision in Coweta County were getting ready for work.
|
Person Shot During Coweta Home Invasion
A person was shot during a home invasion Monday morning in Coweta County. The shooting happened around 10 a.m. at the home on Live Creek Circle in Sharpsburg.
|
Airstream RVs from across the U.S. rally at fairgrounds
You may have seen more Airstream RVs than usual on Coweta's byways and highways this week.
|
Commission candidates list campaign contributors
Coweta County Board of Commission candidates have submitted their campaign finance reports for the period of June 30 to Sept.
|
Gladys Louella Mann
Gladys Louella Mann Gladys Louella Mann, 83, passed away peacefully on Thursday, October 2, 2008 with her family by her side.
|
Carla G. Smith
Carla G. Smith Carla G. Smith, 43, made her glorious transition from this life to the next, on October 7, 2008.
|
Ferst Foundation ride helps get children reading
The Ferst Foundation benefit Lewis Grizzard and Catfish Memorial Bike Ride through several of Coweta's picturesque small towns Sunday was a first for Ferst, and riders are already looking forward to the annual ...
|
Major intersection renovated
The intersection improvements at Highway 54, Highway 154 and McIntosh Trail in Sharpsburg are complete, and traffic seems to be running smoothly.
|
Amendment questions on November ballot
Voters will be picking more than politicians when they cast their ballots for the November general election.
|
Development Authority to help with Trinity school bonds
The Coweta County Development Authority made a preliminary commitment Thursday to act as a conduit for $3,750,000 in bond financing for new construction for Trinity Christian School.
|
Mail carriers feel they're 'sitting ducks' for wrecks
The post office in Sharpsburg has an unfortunate twist on the U.S. Postal Service's unofficial motto -- it's neither snow nor rain nor gloom of rear-end collision that stays these couriers from the swift ...
|
W.A. Williams, Jr.
W.A. Williams, Jr. Mr. W.A. Williams, Jr. of Sharpsburg, passed away Sunday, September 21, 2008.
|
Fire department bond vote on some ballots
A fire bond referendum for unincorporated Coweta County will be one issue some early voters face Monday morning as advance polling officially begins at the Coweta County Voter Registrar's Office in Newnan.
|
Commission candidate Bill Wood concerned about growth
Coweta County Commission candidate Bill Wood of Senoia said that he was asked by a lot of people to run for office because of concerns about how growth is being addressed.
|
Seabaugh clarifies position on gas tax proposal
After a flurry of telephone calls to his office, State Senator Mitch Seabaugh said Monday he needed to clarify his position regarding a proposed transportation tax.
|
Jason Smith looks to Georgia's future
When asked why he was running for a seat in the Georgia House of Representatives, Newnan attorney Jason G. Smith said he had four reasons: Ashton, Victoria, Caleb and Jayden -- his four children.
|
Adamson cabin at Turin stood on McIntosh Trail
Editor's Note: Twelfth in ongoing series. Efforts are under way to recognize a route following the historic Native American McIntosh Trail as a state Scenic Byway.
|
Coweta will help shape RDC merger
Last week Coweta County Board of Commissioners decided Coweta will not join the Atlanta Regional Commission and will instead help shape the merger of the Chattahoochee-Flint Regional Development Center with the ...
|
Shipp: Guns and game show overshadow Georgia budget mess
State Schools Superintendent Kathy Cox flies to Hollywood to appear on the TV game show, "Are You Smarter Than a Fifth Grader?" Meanwhile, her predecessor, Linda Schrenko, cools her heels in a federal prison ...
|
Turin supports scenic byway application
The Turin Mayor and Council has adopted a resolution endorsing the McIntosh Trail Historic Preservation Society's application for Georgia Scenic Byway designation.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"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
|
|