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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.

Local divorce buyout directory for GA :
Valdosta Vidalia Vienna Villa Rica

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Georgia News
Buy Elliott Brack's Book---Gwinnett: A Little Above Atlanta---A Must Read


"Having an interest in Gwinnett County history, particularly since 1950, Elliott Brack's book, Gwinnett: A Little Above Atlanta, is a must have.

"Informative and enlightening, it gives the origin and development of the all the major governmental agencies and a picture of the business community as well a highlighting those persons who made it happen.

Elliott's book, containing little known facts and long forgotten stories, explaining the phenomenal growth of one of the fastest growing counties in the nation will be read and quoted for years to come." Lawrenceville attorney Jones Webb

Gwinnett: A Little Above Atlanta did not start out to become a thick reference book.

Author Elliott Brack started to write a 100-page book about Gwinnett that people could send to friends to tell about the county.....but it grew and grew. (See Contents)

The book is essentially a history of one of the fastest growing counties in the nation since 1950, with emphasis on how the fast growth took place, who directed it and the consequences. In the meantime, Gwinnett has developed into the second biggest county in the state, and the most diverse.

The book is crammed with statistics with more than 125 tables in the Appendix that detail lists of public officials, to schools, service clubs, miles of roads and honorees of various organizations. There must be more than 5,000 names in the Appendix.

And what happens when in Gwinnett? You can determine when it's best to hold an event by checking out the only up-to-date annual calendar of events in the county.

You'll find Gwinnett: A Little Above Atlanta captures the lives and the stories behind many significant people of the county, while giving insights into the amazing growth and development of this fascinating county. Buy the book.


Elliott Brack is a native Georgian and veteran newspaperman at three different levels.

He published the weekly Wayne County Press for 12 years; was for 13 years the vice president and general manager of Gwinnett Daily News, and for 13 years was associate publisher of the Gwinnett section of the Atlanta Journal and Constitution. He now publishes, in retirement, two Web sites on Gwinnett and Georgia news.

He lives with his wife of 51 years in Norcross. They have three children and two grandchildren.


Snellville,Georgia News Welcomes Tom Livsey---Editor of Local News

Now you can find out what's going on in your local neighborhood from people who work and live there. Do you have some news? Submit your news TODAY !
Georgia Mountain Fall Festival

Georgia Mountain Fall Festival Sorry, NO PETS ALLOWED Tickets: $9.00 Parking Fee: $2.00

Look forward to the annual Georgia Mountain Fall Festival.

With first class musical performances, unique attractions and a glimpse into North Georgia's rich history and culture, the Fall Festival provides something for every member of the family.

Don't miss our fantastic new 2008 attractions including Brett Marshall bicycle stunt Show and Glen McLean broom making demonstration.

Our festival also has a great music performance lineup with groups such as Tracy Byrd, Helen Cornelius, Ronnie McDowell, Connie Smith, Sammy Kershaw, John Conlee, Janie Fricke, T.G. Sheppard, And Many More.

Please visit for more info below:
Fulton County judge denies voter ID challenge

A Fulton County judge ruled on Friday that Georgia voters will have to present a photo ID when casting a ballot in November's general election, denying an effort by state Democrats who argued the law ...

State tax collections for September went in the right direction

The news on Georgia's fiscal crisis is like recent rains - welcomed, but not enough to fix the problem.

Ga. voting checks need fed OK

The U.S. Department of Justice is questioning a high number of requests by Georgia officials to check the Social Security numbers of newly registered voters.

Halloween Display Offends Some

Melissa Neese said she didnt mean to cause a stir with the choice of Halloween decorations outside her Cherokee County home.

Community Calendar

9, Savannah History Museum, 303 MLK, Jr. Blvd. You are invited to march in the path of the French and American attack on the British-held Spring Hill Redoubt, the site of the new Battlefield Memorial.

A former MARTA chairman who's been accused of performing a sex

A former MARTA chairman who's been accused of performing a sex act in an airport bathroom will be hired to give financial advice to Clayton County.

Ga. School Board Considers Lifting Charter School Cap

The state Board of Education is considering lifting a cap on how many public school systems can convert to charter districts each year.

More than 100 Ga. Stations Defending Inflated Gas Prices

Nearly 150 Georgia gas stations are having to defend why they charged inflated prices after Hurricanes Gustav and Ike made fuel scarce over the last month.

Georgia pastor pleads guilty to killing deacon

An assistant pastor accused of the 2004 love-triangle killing of a deacon in his church has pleaded guilty to the crime.

Suspect Questioned in Break-Ins at Fraternities

Athens-Clarke police have identified a possible suspect in burglaries at eight University of Georgia fraternities and two other off-campus houses.

Voters face three state amendments

Georgia voters must decide the fate of three constitutional amendments in this year's elections.

Labor Shifts In Georgia Means Longer Days

The Georgia Department of Labor is shifting to 10-hour work days. State Labor Commissioner Michael Thurmond announced Tuesday that the department is switching to an alternative work schedule that will have ...

Hall County Schools to Lift Hiatus on Field Trips

The Hall County school district is resuming field trips after a two-week hiatus because of the state's gas shortage.

Slaves secretly guided by quilts

Each patch on the intricate quilts helped take slaves one step closer to the freedom they'd only dreamed about.

Southeast gas shortages should ease soon

Here's a little good news for motorists who've waited in line at the pump: Gas shortages in the Southeast should be easing within the next two weeks.

Leaky Dam in Lawrenceville Repair Problem

Lakeview Plantation residents in Lawrenceville say they can't afford the six-figure cost of fixing a leaky dam that protects a 4-acre scenic lake.

Georgia Supreme Court rules in favor of transgender politician

Georgia's top court has ruled in favor of a transgender politician sued by two political opponents who claimed she misled voters by running as a female.

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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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