Hunt Valley, 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
| Hunt Valley, Maryland News |
Light Rail Restores Service
The Maryland Transit Administration says it will restore light rail service between North Avenue and Hunt Valley on Sunday.
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Developers in legal wrangle
Two months ago, the county awarded John Vontran a sweetheart land deal that promised to help revitalize a section of Dundalk.
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Stopped short
Lght rail riders get off a train at the North Avenue stop. Thousands of Baltimore-area commuters were forced to abandon trains and board buses yesterday, the first workday disrupted by a light rail shutdown ...
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Light rail stretch closes
Light rail service has been discontinued indefinitely between the North Avenue and Hunt Valley stations because a large number of trains are out of service for wheel maintenance, the Maryland Transit ...
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MTA Announces Temporary Discontinued Service
Nov 14, 2008 11:21 pm US/Eastern Reporting Kelly McPherson Falling leaves are putting the brakes on light rail service in Baltimore, and the problem is only getting worse.
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Equipment repairs causing delays on light rail system
Emergency repairs on equipment are causing major delays throughout the light rail system, officials said yesterday.
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Expect Light Rail Delays This Weekend
The MTA said on Saturday that riders on the light rail system, including those planning to use light rail to go the City-Poly game at M&T Bank Stadium, may experience delays this weekend due to emergency ...
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Wegmans Announces Price Cut
An upscale supermarket chain with 72 stores in the mid-Atlantic states has announced it's cutting some of its prices because of the weakening economy.
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Baltimore hosts a benefit Bond screening
A benefit screening of the forthcoming James Bond film, "Quantum of Solace," happens Wednesday, Nov.
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City lands its largest convention ever
The Baltimore region will play host to its largest convention ever in 2006, with 50,000 members of the National Baptist Convention USA Inc.'s Congress of Christian Education meeting at the Baltimore Convention ...
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Timothy J. Watkins
Timothy J. Watkins' last year has been full of experiences. Watkins' work as CEO of Hunt Valley advertising and production company Renegade Productions has taken him to China and throughout the U.S. But it was ...
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Businesses Fight Against Talking While Driving
Oct 31, 2008 8:00 pm US/Eastern Reporting Weijia Jiang There have been several recent attempts to ban the use of cell phones while driving, but each time the attempt has failed.
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New highway foundation calls for safe driving measures
A new foundation with high level business and political backing issued a call today for Maryland employers to adopt safe-driving codes for their workers addressing such issues as alcohol use, speeding and text ...
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Barbells in the basement
Have you ever wanted to work out in the catacombs of an 85-year-old building? Move to Silo Point and you'll have access to the 5,000-square-foot Life FX fitness center opening in the basement of the one-time ...
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Hands Across the Americas Celebrates Twelve Years of Miracles
Hands Across the Americas, Inc. announced today that the organization will host its 12th Annual Charity Ball- "Hands in the Andes"- to benefit medical missions in the Americas on Friday, November 14, 2008 at ...
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Male breast cancer survivor is on a mission
But he wasn't there to support his wife, mother, sister or aunt. He joined the parade in Hunt Valley because he is a breast cancer survivor.
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Successful Live-Fire Testing Of Shadow TUAS
Hunt Valley MD: AAI has announced that the U.S. Army has successfully completed live-fire testing of laser designation capability for the RQ-7 Shadow Tactical Unmanned Aircraft System .
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Komen Race for the Cure
ABC2 News was a proud sponsor of the 2008 Maryland Komen Race for the Cure. The event brought thousands of people out to Hunt Valley , in support of fighting breast cancer.
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Hunt Valley roads close for Komen race
Several roads in the Hunt Valley area will be closed tomorrow morning for the annual Susan G. Komen Maryland Race for the Cure, Baltimore County police said.
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Roads near Race for Cure could be closed
The 16th Annual Susan G. Komen Maryland Race for the Cure is scheduled to be run in the Hunt Valley Business Park area Sunday, Oct.
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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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