Keymar, 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
| Keymar, Maryland News |
Riding the rails
Dylan Slagle/Staff Photo Maryland Midland Railway engineer Dan McMaster looks out the window as he puts together a train outside the Maryland Midland yard in Union Bridge Sept.
|
For some, Frederick County Fair functions as weeklong classroom
Maegan Olson, 15, of Keymar bathes her Brown Swiss cow named Coors Frosty on Friday afternoon at The Great Frederick Fair.
|
County prepares for tropical storm
As Tropical Storm Hanna approaches, the state, weather observers and Carroll County officials are warning residents to prepare for heavy rain and wind beginning as early as this evening.
|
Smoking ban waiver helps spur business
The Crossroads Inn is the only bar in Carroll County where you can still smoke 'em if you got 'em. The Keymar establishment that is miles from the Pennsylvania border received a waiver that exempts it from the ...
|
Keymar man dies from injuries sustained in crash
A Keymar, Md., man died Friday from injuries he sustained in a Wednesday night accident in Frederick County, according to a Frederick County Sheriff's Office press release.
|
Dutch band [T]aneytown returns for series of shows
Kathryn Leiter 02.JUL.08 The guys of [T]aneytown are back for a third Carroll County area tour since fall 2006.
|
Archive 2003
The Delmarva Farmer newspaper December 23, 2003 The Delmarva Farmer newspaper December 16, 2003 The Delmarva Farmer newspaper December 2, 2003 The Delmarva Farmer newspaper November 25, 2003 4,346 gallons of ...
|
Carroll dairy princess to begin reign
Growing up in a dairy family and showing cows through 4-H, Pam Bell thought going after the Carroll County Dairy Princess title would be a way she could give back to the dairy industry.
|
City family files civil suit in son's death at Bowling Brook
"The school knew about the problem and had been put on notice ... but did nothing about it." The family of an East Baltimore teen who died at a Carroll County school for juvenile offenders filed a $207 million civil suit in federal court this morning against the school, several of its employees and the state Department of Juvenile Services. The amount requested in compensatory damages -- for negligence and wrongful death -- represents every minute that Isaiah Simmons, who died January 2007 at Bowling Brook Preparatory School, suffered from physical restraint 'that caused his slow, agonizing and excruciating death,' said Steven H. Heisler, the family attorney, during a news conference at his Baltimore law offices this morning. On some counts, the suit calls for an additional $207 million in punitive damages. Read more
|
Family of teen killed at Bowling Brook files $207M suit
"They stole possibilities. They stole opportunities. They stole his life." The family of an East Baltimore teen who died after counselors restrained him at a Carroll County school for juvenile offenders filed a $207 million federal civil rights lawsuit Thursday against the state, the ... via Baltimore Examiner
|
|
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.
|
|