Abingdon, MD Divorce Buyout in Maryland
Since 1979 Somerset Mortgage Lenders Co. has been considered a leader in the residential mortgage lending business and is currently licensed in 26 states, including Maryland, 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 MD
| Abingdon, Maryland News |
Stacy R. Boulan Inducted into Cambridge Who's Who Executive,...
With more than 20 years of professional experience, Ms. Boulan specializes in designing clothing and accessories.
|
Two arsons in Harford County are under investigation
The Maryland State Fire Marshal's Office is investigating two arsons that occurred in Harford County over the weekend, authorities said today.
|
ColdFusion And Flex Positions In MD, TX, And GA
Three ColdFusion positions and one Flex position this week: Department of Homeland Security is looking for 2 ColdFusion developers.
|
Lucky, The Magical Clown Announces Official Opening
Lindy Scarborough , based in Harford County, MD had a ah-ha moment five years ago and created a totally unique, fun and very captivating child friendly and mom tested kids show.
|
LAS Productions Publications announces the release of Green: an essential way of life.
What happens when your grand or great grand children are not physically or mentally able to function like you do today due to the abundant use of our natural resources? /24-7PressRelease/ - ABINGDON, MD, August ...
|
Where disabled kids learn what they can do
For nearly an hour each week, children who have disabilities and cannot easily communicate take delight in commanding a 1,100-pound horse to go, canter and stop.
|
Construction under way at 2 Severna Park schools
Severna Park Middle School and the Severn School are racing to complete at least part of their multi-million dollar projects before school opens.
|
Orphan Project Signs With Open Grave Records
Open Grave Records has announced the signing of Abingdon, Maryland's ORPHAN PROJECT .
|
Lawyers: Case gives teeth to construction trust law
A recent appeals court decision affirming for the first time an individual can be held liable for not paying subcontractors under the Maryland Construction Trust Law will not disrupt commercial building but ...
|
TRAPPED: 3 firefighters hurt battling Abingdon blaze
ABINGDON, Md. - The State Fire Marshall's Office says three volunteer firefighters were injured battling a blaze in Abingdon.
|
Couple Gets Married At Harford County Wawa
Compared to other holidays like Valentine's Day and New Year's Eve, Independence Day isn't exactly the most romantic.
|
Convenience Store Wedding In MD Town
Customers at a convenience store in Harford County saw an unusual sight amid the coffee and doughnuts Friday morning - a couple saying their "I dos." Scott Gaddis and Cindy Richardson got married at the Wawa ...
|
4 Injured In Brawl Near Harford School
The Harford County Sheriff's Department says four people are hospitalized after a large brawl behind a school in Abingdon.
|
Parade, prayer, singer highlight July 4 events
An expansive parade, an outdoor ecumenical prayer service and a performance by a Grammy-winning gospel singer will highlight the July Fourth weekend in Edgewood and Joppatowne.
|
Small Business Coaches Open Their Doors And Say What Recession
Most small business owners typically do not have the same type of security fence, individuals have that are employed by a company.
|
Wal-Mart Coughs Up $250K in Pharmacy Discrimination Case
In the summer of 1993, Glenda Allen landed a job as a pharmacist with a Wal-Mart in Abingdon, Maryland.
|
Wal-Mart will pay $250,000 to disabled woman it fired
Wal-Mart Stores Inc. will pay $250,000 to a pharmacy technician who suffered a disability resulting from a gunshot wound and was subsequently fired from one of its Harford County stores, the U.S. Equal ...
|
Building good relationships
Brandon Lentz was apprehensive about attending Patterson Mill Middle School. First, there was the size of the building: Would he be able to find his way around the 266,476-square-foot building? And the middle ...
|
Business Notes
The Women's Wine and Dine event scheduled for Wednesday at the Maryland Golf and Country Club has been canceled.
|
Health notes
Upper Chesapeake HealthLink's Medical Mobile Van will be in the Upper Chesapeake Medical Center's parking lot M, MacPhail and Tollgate roads, from 4 p.m. to 7 p.m. Tuesday.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
|
|