Rosedale, 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
| Rosedale, Maryland News |
Black Friday Shoppers turn out early
Shoppers were expected to crowd area shopping malls and other retailers today in search of what they hope are some of the best bargains of the year.
|
Really Cheap places NE Baltimore and County
I haven't been posting here in a long time - I've been on a very strict budget because my job is very much effected by the economy.
|
Homeless are Heard at DRC Meeting
Varied groups continue effort to resolve issues by Randy Leonard Attendants at what was euphemistically billed as a meeting to address "public lodging in the Main Street" last week included some who had ...
|
IKEA worker pleads guilty to stealing $400K
A former IKEA employee pleaded guilty Thursday to stealing almost $400,000 in less than a year from his job at a Baltimore County call center.
|
Builder eyes tract in Rosedale
A developer has taken steps toward building 73 new townhouses in Rosedale. The proposed location is seven acres at the intersection of DeLegge Road and Kenwood Avenue, in the same neighborhood as the Rosedale ...
|
Shady Spring Elementary School closing at 12:15 p.m. today
Due to a lack of water at the school, Shady Spring Elementary School, 8868 Goldenwood Road in Rosedale, will close at 12:15 p.m. today, Friday, November 14, 2008.
|
Police ID woman, 78, killed in Balto. Co. crash
Baltimore County police today released the identity of a woman who was killed when the car she was riding in collided Friday with other two cars at Lillian Holt Drive and Rossville Boulevard.
|
Water Main Break Closes Schools and Roads
ABC2 News is on the scene of a water main break in Rosedale, Baltimore County. According to the Department of Public Works, a 12-inch main broke early this morning, causing water to come up out of the street in ...
|
Water Main Break Closes Balt. Co. Road
Required fields are marked with an asterisk The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications.
|
Local Kenyans celebrate Obama's victory
Halfway through his meal of grilled goat meat and lemon-scented tomato chunks, Dishon Kimani, 31, leaped out of his seat and pumped his fists in the air.
|
Suspect Crashes During Rosedale Police Pursuit
Nov 4, 2008 2:30 pm US/Eastern Reporting Mike Perry ROSEDALE, Md. A police pursuit on I-95 near Rosedale ends with a crash and heavy traffic.
|
Baltimore Bewitched
Not only is it Halloween - it's Friday night. That means double the tricks and treats for the taking - from Halloween-themed concerts to costume contests with cash prizes.
|
Shutterbug wins
Milton Tierney of Waldorf took overall top honors in the 2008 Maryland Natural Resource magazine photo contest.
|
Rosedale retirees lose house in fire
Neighbors of a retired Rosedale couple whose house was destroyed by fire Wednesday are collecting cash and supplies to help them.
|
Man Dies After Van Struck by Truck Tractor
Written by Raymond Rivera Man Dies After Van Struck by Truck Tractor 10/17/2008 10:42 AM ET QUEEN ANNE'S COUNTY , Md.
|
Fire Officials Investigate Tuesday Morning Fire In Rosedale
Baltimore County fire officials said a one alarm fire broke out in a home at about 3am Tuesday morning at 1828 Wilhelm Avenue in Rosedale.
|
Resident injured in fire in Middle River apartment
One resident was injured yesterday evening in a fire that broke out in an apartment in Middle River in Eastern Baltimore County.
|
Freedom to move around rises as gas prices fall
The cost of gasoline hit Tammy Williams hard when she drove her pickup from Baltimore to New Hampshire last weekend to visit her son at Dartmouth College.
|
Binkert's Back After August Fire Destroyed Store
Oct 13, 2008 4:48 pm US/Eastern Binkert's German Meats Information Reporting Richard Sher ROSEDALE, Md.
|
Rosedale Meat Business Reopens After Fire
A Rosedale meat business has reopened its doors, about two months after a fire. The blaze occurred in early August at Binkert's Meat Products in the 8800 block of Philadelphia Road.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
|
|