Oldwick, 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
| Oldwick, New Jersey News |
No new trial for sprinkler system case in Tewksbury
A judge has denied the township's request for a new trial on a lawsuit that successfully reversed the land use board's denial of an installation of an underground sprinkler system in the Crossroads at Oldwick ...
|
Holiday shows planned as a fundraiser
Oldwick Community Players has announced its holiday show performances will take place at 7 p.m. Friday, Dec.
|
Myriad wines pair well with Valley Shepherd cheeses
Whether you purchase New Jersey artisanal cheeses such as Valley Shepherd, Cherry Grove or Bobolink direct from the dairies, at their farmers' market outlets or sample them in a restaurant, finding the right ...
|
BestWeek: Variable Annuities Under Siege; Fixed Products to Improve, Best's Report FindsLoading...
November 21, 2008 Friday 12:34 PM EST 283 words BestWeek: Variable Annuities Under Siege; Fixed Products to Improve, Best's Report Finds Rick Cornejo OLDWICK, N.J. Given the unprecedented capital markets ...
|
Variable Annuities Under Siege; Fixed Products to Improve, A.M. Best's Report FindsLoading...
Business Wire Source: Wordcount: 308 Business Editors/Insurance Writers OLDWICK, N.J.-- --November 21, 2008--Given the unprecedented capital markets volatility in 2008, variable annuity operating trends are ...
|
Hank Greenberg on 'Dumb' Strategies, Credit Default Swaps and Brain SurgeonsLoading...
November 17, 2008 Monday 09:34 AM EST 291 words Hank Greenberg on 'Dumb' Strategies, Credit Default Swaps and Brain Surgeons David Dankwa OLDWICK, N.J. Maurice "Hank" Greenberg is known for not being bashful.
|
Hunterdon County Chamber of Commerce to spotlight award winners
The Hunterdon County business community will spotlight its current and future leaders at an annual awards ceremony on Thursday, Nov.
|
Clucas Farm Open House
The Clucas Family held it's annual open house at the Clucas Farm located along Homestead Rd.
|
A.M. Best Special Report: Investments Move to Cash and Short Term as Pressures MountLoading...
October 27, 2008 Monday 01:34 PM EST 338 words A.M. Best Special Report: Investments Move to Cash and Short Term as Pressures Mount Carole Lovell OLDWICK, N.J. As U.S. not-for-profit hospitals and healthcare ...
|
A.M. Best Places Various Ratings Under Review Due to Insurers'...
Source: Wordcount: 352 Business Editors/Insurance Writers OLDWICK, N.J.-- --October 29, 2008--Based on the considerable credit market contraction and the uncertainty regarding the Florida Hurricane Catastrophe ...
|
Perspectives: Insurers May Seek Regulatory Safety From the Current...
October 27, 2008 Monday 10:47 AM EST 659 words Perspectives: Insurers May Seek Regulatory Safety From the Current Troubles, But Not Too Much, Thank You David Pilla OLDWICK, N.J. As global capital markets took ...
|
School bus overturns on I-78 ramp
A school bus packed with children on a field trip overturned on an Interstate 78 ramp in Newark Monday afternoon.
|
Pennington architect gets award for - green' design
A structure in Bedminster designed by Pennington architect Keith Hone has been named 2007 Project of the Year by the New Jersey chapter of the U.S. Green Building Council.
|
Harvest Festival offers family fun
The event, which will run from noon to 4 p.m. at Christie Hoffman Farm Park on Route 512 West, also will feature a pie bake- off and a Halloween parade.
|
Dozens are hurt when bus overturns
PHOTOS >> >> >> >> >> >> >> Dozens are hurt when bus overturns BY MARIAM JUKAKU NEWHOUSE NEWS SERVICE and KASI ADDISON For more than two dozen Elizabeth preschoolers and their chaperones, it had been a ...
|
Far Hills Race Meeting 2008
Kevin Hurley of Bedminster pours wine for Daryl Devlin of Oldwick as she admires an ice sculpture of a horse at the Far Hills Race Meeting at Moorland Farm.
|
Continue reading "Study to pick five scariest bits of road"
What are the most dangerous traffic spots on county roads? The Freeholders want to know so the county can begin developing plans to fix them.
|
Fitch: Mortgage Holdings Could Imperil Life Insurance FirmsLoading...
"The dramatic downturn in the U.S. housing market, which has led to significant losses to mortgage-related investments, has prompted a financial crisis among major U.S. financial institutions, market ...
|
Mutual CEOs Discuss Methods of FinancingLoading...
October 6, 2008 Monday 03:31 PM EST 462 words Update: Mutual CEOs Discuss Methods of Financing Bonnie Brewer Cavanaugh OLDWICK, N.J. Mutual insurance leaders, at this year's annual meeting of the National ...
|
As the Markets Plunge, Life Insurers' Reserves on VA Guarantees QuestionedLoading...
October 6, 2008 Monday 09:43 AM EST 1020 words As the Markets Plunge, Life Insurers' Reserves on VA Guarantees Questioned Fran Lysiak OLDWICK, N.J. As the financial crisis wreaks havoc on the U.S. stock market, ...
|
|
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.
|
|