Bivalve, MD Divorce Buyout in Maryland
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 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
| Bivalve, Maryland News |
Firewood use on the upswing
SALISBURY -- As temperatures cool and consumers worry about energy costs, some residents are seeking and turning to alternative means to stay warm at home this winter.
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Cheers & Jeers
Today is Salisbury Day of Action, a day set aside to showcase regional community groups and provide opportunities for residents to participate in service projects, both today and in the future.
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Tractor races are a go rain or shine
SALISBURY -- After hearing a commercial for the event on the radio, William Kerns, 34, used junkyard parts to create a tractor -- equipped with the engine power to reach more than 70 mph -- to enter in his ...
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Library Web demand high
SALISBURY -- Lower Eastern Shore libraries are bucking a national trend that shows a large number of facilities lack the sufficient number of computers available for use.
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Cheers Jeers
Gerald 'Jerry' Elliott has finally gotten what he deserves. After more than 40 years of waiting, last weekend Elliott formally received the Purple Heart with one gold star, along with a host of additional ...
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Nanticoke Harbor certified as Clean Marina Partner
A marina operated by Wicomico County Recreation and Parks Department has won the Clean Marina Partner certification from the Department of Natural Resources.
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Church Activities
Bethel United Methodist Church Bethel, Del. The 26th annual outdoor Bethel Camp Meeting, 'Walking with God Through Word and Music,' will be held at 7:30 nightly, today through Aug.
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CSAs offer a slice of the farm
We've had some outstanding produce this summer from our share in the Provident Organic Farm CSA .
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Bivalve Marina Receives Governor's Citation
Tuesday an Eastern Shore marina received the Governor's Citation for being a certified Clean Marina.
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Special Worship Services
Cathedral of Love Church Ministries Salisbury Fellowship service will be held Sunday at 5 p.m. with Prophetess Evelyn Burris fromNorth Carolina.
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Special Worship Services
Cathedral of Love Church Ministries Salisbury Fellowship service will be held Sunday at 5 p.m. with Prophetess Evelyn Burris fromNorth Carolina.
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Bivalve Bash promotes clean mud, honors mollusks
Clean mud may seem contradictory, but it's a necessity for the survival of mollusks such as oysters, clams and mussels.
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Bivalve Bash promotes clean mud, honors mollusks
Clean mud may seem contradictory, but it's a necessity for the survival of mollusks such as oysters, clams and mussels.
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Special Worship Services
Bethel United Methodist Church Laurel The Harvesters Quartet will be in concert Friday at 7 p.m. The concert is free, but a love offering will be taken for the group.
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Catherine Jeanette Bailey
BIVALVE -- Catherine Jeanette Bailey, 75, of Bivalve died Wednesday, July 2, 2008, at Salisbury Center Genesis Elder Care in Salisbury.
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WCLCB - Did You Know? Part I
Did you know that the Wicomico County Liquor Control Board is using YOUR tax dollars to print some of prettiest, most expensive political ads you've seen recently? The picture just doesn't do it justice.
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Have high gas prices affected your daily life yet?
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Veg out at the farmers market
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Lawn tractor race leaves Bivalve for Salisbury
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For Earth Day, you can take little steps to 'go green'
In recent years, more attention has been given to pressing environmental issues. via The Daily Times
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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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"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
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