Atlantic Highlands, NJ Divorce Buyout in New Jersey
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 New Jersey, 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 NJ
| Atlantic Highlands, New Jersey News |
Atlantic Highlands
Here are the statements submitted by the candidates: The Republican team of Jack Archibald and Peter Doyle will continue to make Atlantic Highlands a great place to live.
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Cops: Teen crashes car after nearly hitting bus
A teenage driver on his way to school tried to pass another car in a no-passing zone, then he swerved his car to avoid an oncoming school bus and hit the vehicle he had been trying to pass, police said.
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Atlantic Highlands eyes harbor project
The borough will borrow $800,000 to improve the harbor, including disposing of dredge material, upgrading the electrical system at the fishing pier, and replacing the mooring anchors.
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Great Pumpkin coming to Atlantic Highlands
For the first time in Atlantic Highlands' history, the Great Pumpkin will make an appearance at the Halloween parade, which takes place on Saturday, October 25th.
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Harbor improvements on Atlantic Highlands agenda tonight
The Borough Council will conduct a public hearing and possibly adopt tonight an $800,000 bond ordinance for municipal harbor improvements.
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Monmouth County begins flu shot clinics
The Monmouth County Health Department this week began its schedule of flu shot clinics for eligible residents.
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AH First Aid Squad Rescues Hurt Man From Boat
The Atlantic Highlands First Aid & Safety Squad's Marine Unit jumped into action Sunday night to aid an injured man aboard a boat anchored in the borough's harbor.
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Hundreds expected at annual fishing tourney
The annual Governor's Surf Fishing Tournament will draw hundreds of anglers to Island Beach State Park on Sunday.
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Atlantic Highlands' harbor upgrades estimated at $800G
The borough's municipal harbor improvements will cost $800,000, borough officials said.
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Atlantic Highlands business card exchange welcomes new members
Membership has continued to grown in the Atlantic Highlands Chamber of Commerce and they are inviting members and other interested individuals to a business card exchange from 5:30 pm to 7:30 pm on October ...
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Stripers off the Highlands
Where you should go : Off the Highlands. Stripers were drifted there Monday. What you should use : Clams and sandworms.
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NJ Woman: Let My Piggy Stay Home
Let my piggy stay. That's the plea one Atlantic Highlands woman is making to local officials who want her to get rid of her pet, a 55-pound potbellied pig named Lucy.
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Town may force woman to give up pet pig
Local officials at a New Jersey shore town have encountered a piggish problem. It's called Lucy and it's a potbellied pig that's the pet of 29-year-old Melissa Card, who moved into Atlantic Highlands with her ...
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October Surprises
With Summer 2008 having gone the way of all fads and fashions, Shore stage companies both professional and passionately pro-bono are gearing up for a busy "foliage tour" of sorts; a time of year in which they ...
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Ocean County Police Blotter
LONG BEACH TOWNSHIP 18TH STREET: On Aug. 8, police were dispatched to the docks in Barnegat Light for a report of a stolen car, a 2001 four-door 325 BMW that reportedly was taken to be detailed by the suspect.
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Little tunny off Asbury Park
Where you should go : Off Asbury Park: There were lots of little tunny there on Sunday, along with bluefish.
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This little piggy stayed home
Atlantic Highlands resident Melissa Card showed up to the Sept. 10 council meeting armed with evidence to save her pet pig: feces.
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AHPD arrest three teens
An Atlantic Highlands Police investigation of a theft from a car led to the arrest of three borough juveniles.
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Monmouth Conservation Foundation Preserves Holly Crest Farm
The Monmouth Conservation Foundation recently added a significant portion of land to its Navesink Highlands Greenway Project by purchasing the development rights to Holly Crest Farm, a 37-acre horse farm, on ...
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Atlantic Highlands Historical Society hosts annual house tour
The Atlantic Highlands Historical Society will hold its annual House Tour this autumn on Saturday September 27th from 10 AM to 3 PM.
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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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