Surrency, 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
| Surrency, Georgia News |
Sheriff's weekly report
Sheriff Benny Deloach would like to report the following incidents handled by deputies with the Appling County Sheriffa s Department.
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Locals arrested for theft
According to Appling County Sheriff Benny Deloach, Satilla REA has reported several wire thefts in the last several months.
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Reverend Cadel Bennett Dowdney
The Reverend Cadel Bennett Dowdney, 81, of Norman Park and formerly of Surrency, died Monday, September 15, 2008 at his residence.
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Godfrey gives report of activity
According to Police Chief James Godfrey the following are highlights of incidents that were handled by members of the Baxley Police Department over the past several days.
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Lewis William "Bill" Swinson, Sr.
Lewis William "Bill" Swinson, Sr., 77, of Hazlehurst, died Sunday, Aug. 31, 2008 in the Jeff Davis Hospital after a brief illness.
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Escapes serious injuries
On Friday, July 25, at approximatley 12:00 p.m., a two-vehicle accident occured about one half mile east of Surrency.
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Sheriff's report-June 25
Sheriff Benny Deloach would like to report the following incidents handled by deputies with the Appling County Sheriff's Department.
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Sheriff Benny Deloach gives report of recent activity
Sheriff Benny Deloach would like to report the following incidents handled by deputies with the Appling County Sheriff's Department.
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A political newcomer is challenging for a seat on the Dougherty County Commission.
If politics mattered to contractor Harry James, the challenger for the District 5 Dougherty County Commission seat currently held by newspaper publisher Art Searles, James would probably weigh in on the ...
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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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