Lavallette, 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
| Lavallette, New Jersey News |
Lavallette digs for sand dollars
The scenery could be changing for beach patrons, here, next summer. At Monday night's council meeting, Lavallette Business Administrator Christopher Parlow asked for the mayor and council's permission to go out ...
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Town Brief
The "Laugh for a Cure" cystic fibrosis benefit will be held Thursday at the Sawmill Cafe in support of 10-year-old Brick resident Shelby Andrews, daughter of Lavallette Police Sgt.
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School staff decries consolidation effort
The recent push by Gov. Jon Corzine to consolidate small and nonoperating school districts has hit close to home for the school community, here.
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Readers to decide photo contest winners
Casey, the Soft Coated Wheaten Terrier owned by the Holick family of Lavallette, is just one of the entrants hoping to win the grand prize in Star News Group's first Spooktacular Halloween Photo Contest.
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Teen, grandma raise funds for Parkinson's
A township teenager has joined forces with her grandmother to raise approximately $1,500 for Parkinson's research in the hopes she can help her grandfather and others with the movement disorder.
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The way we were: Perfect night rolls back the years
Shortly after Joyce Helmstetter of Toms River and Santo Barretta of Point Pleasant greeted me on this rather slow Monday evening, I was content to settle in and let my mind wander to great times gone by.
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Lavallette fire auxiliary to hold holiday wreath sale
The Ladies Auxiliary of the Lavallette Vol. Fire Co. is sponsoring a Holiday Wreath sale on December 5 & December 6, 2008.
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Clams for stripers in surf
Where you should go: Anywhere along the Shore where clam shells are visible on the beach.
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Around Town
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New Jersey recycling leaders awarded for 2008
Recycling awards were presented on behalf of New Jersey Commissioner Lisa Jackson during the 28th New Jersey Recycling Symposium and Awards Luncheon.
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Central students' new perk: Central students' new perk
Move over Starbucks - $1 cups of coffee, tea and hot chocolate with marshmallows are on the menu at the new Campus Coffee Shop at Central Regional High School.
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Recycling efforts put school in the spotlight
Elementary school students here know a thing or two - or 5,046 things - about recycling.
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Lavallette surfer wins Grudge Match
Since its inception in 2002, the Garden State Grudge Match has always been held at Casino Pier.
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Stripers on clams in the surf
Where you should go : Any beach covered with clams or open shells. Lavallette, Brick and Island Beach State Park are likely spots.
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In Ocean County
From Press staff reports Ocean County College will commemorate Veterans Day at 11 a.m. Nov.
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LAVALLETTE
Here are the statements submitted by the candidates: My name is Lee Horan; I am running for town council in Lavallette.
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Child luring suspect ran Squan school
Last Thursday afternoon, a registered sex offender - who formerly owned a preschool here - was arrested at his home on Newark Avenue in Lavallette on charges of child luring and lewdness.
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School stripers at Romer Shoal
Where you should go : Romer Shoal has plenty of school stripers, though I couldn't find any of legal size there Tuesday.
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Lavallette man struck by car in Toms River
A 74-year-old Lavallette man was struck by a car while crossing Route 37 at Keats Avenue about 11 a.m. Monday, police said.
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Paul Sorvino, other 'Shore' stars to meet with fans at Jersey theaters this weekend
Paul Sorvino plays a down-on-his-luck fisherman and father figure to a young waitress in "Greetings From The Shore" The stars of the Lavallette-set indie film "Greetings From The Shore," now going into its ...
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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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"...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.
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