Bayville, 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
| Bayville, New Jersey News |
Lungs from NJ church shooting victim transplanted
CLIFTON, N.J. -- Lungs from a good Samaritan killed in a New Jersey church shooting are breathing new life thanks to a transplant.
|
Cops: Intoxicated man forces way into neighbor's home
A Bayville man was arrested Sunday after he became intoxicated and forced his way into a neighbor's home, police said.
|
Two groups sponsor holiday decorating contest
The Pine Beach Municipal Alliance and Applegate's Nursery in Bayville are sponsoring a free Holiday House Decorating Contest the week of Dec.
|
67 will be chosen for Berkeley preschool
Sixty-seven township preschoolers will be offered free full-day preschool, including transportation, starting in fall 2009.
|
Lacey Beacon Hometown
The film "Leed's Point" will be screened at 6 p.m. on Dec. 4 the Lacey branch of the Ocean County Library.
|
Berkeley to hold free rabies clinic Saturday
Berkeley Township will hold their free rabies clinic, Saturday, November 15, 2008 between 1:00 pm and 2:00 pm at the Bayville First Aid Squad Building, 315 Route 9, Bayville, on the corner of Station Road and ...
|
Elks host luncheon to honor veterans
LACEY - Nearly 100 Lacey Elks Lodge 2518 volunteers and veterans were in attendance for the lodge's annual veterans luncheon on Sunday afternoon.
|
'Pilates for Pink' raises funds to fight cancer
TOMS RIVER - About $1,000 was raised for the Ocean County Cancer Coalition during a fundraiser held by a local pilates studio last month.
|
Fire damages vacant house: Fire damages vacant house
A lagoonfront home in the Bayville section sustained serious damage during a fire Tuesday morning.
|
Two men arrested in Lakewood with nearly 2,000 bags of heroin
Two men, believed by police to be key providers of heroin in the Berkeley, Toms River and Beachwood areas, were arrested Thursday following a motor vehicle stop where they were found in possession of 1,950 bags ...
|
School flagged for veterans
Central Regional High School was awash in red, white, blue and patriotism Wednesday - from more than 2,000 three-foot tall flags plunked into the ground along the sweeping circular driveway to the school to the ...
|
School bus carrying 29 children hit in Berkeley
A school bus with 29 children on board was rear-ended just before 2 p.m. today at the intersection of Route 9 and Sylvan Lake Boulevard, police said.
|
It will be ghouls gone wild
With less than a week to go, this township of about 95,000 people is getting ready for what is said to be one of the largest Halloween parades in the world.
|
Cops: Dealer sold boats, but never delivered: Cops: Dealer sold boats, but never delivered
Township police have filed seven more charges of theft by deception against a Brick man as a result of an ongoing investigation into Anchor Outboards, here.
|
Caged schnauzer makes mess upon release
Dear Dr. Fox: I have a mini schnauzer. The former owners had him for breeding, and he was caged.
|
Berkeley council OKs $285G for cop laptops
A $285,000 expenditure for laptop networking equipment approved by the Township Council will bring the Police Department into the 21st century.
|
Police: Man, 29, tried to throw heroin, cocaine out car window
A South Toms River man unsuccessfully tried to throw 115 bags of heroin and more than a half-ounce of cocaine out a car window when he noticed he was being followed by police Tuesday, said Detective Sgt.
|
Complaints about suspected drug dealing prompt Berkeley arrest
The township police Narcotics Unit arrested a man Thursday night and charged him with possession of two and a half pounds of marijuana and planning to distribute it, police said.
|
Lacey woman charged with assaulting 5-month-old baby
A 24-year-old township woman has been arrested and charged with assaulting a 5-month-old baby last week.
|
Rebels with a Claus: More than 800 participate in Motorcycle Toy Run; ...
STAFFORD - JoAnn Trocchio never misses a chance to go on her yellow Harley Davidson Fat boy and participate in a motorcycle run.
|
|
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.
|
|