Port Norris, 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
| Port Norris, New Jersey News |
Police Beat
Jessica Karpiak, 19, of North 2nd Street, was charged with possession of marijuana, possession of drug paraphernalia and failure to deliver drugs when ordered by police at South 3rd Street and Kates Boulevard ...
|
the Rev. Reed Johnson, 76
The Rev. Reed Johnson, 76, of Malaga died Tuesday evening, Nov. 25, 2008, at South Jersey Healthcare Regional Medical Center Elmer Hospital, where he had been a patient for three weeks.
|
Maurice River: Child safety seat checks offered
The Port Norris barracks of the New Jersey State Police will sponsor a child safety seat event at the Port Elizabeth Volunteer Fire Company at 7 Port Elizabeth Cumberland Road between 10 a.m. and 2 p.m. ...
|
Man, 89, recuperating after being hit by car
The 89-year-old Port Norris resident who was struck by a car on Thursday has been taken out of the intensive care unit and is recuperating, officials said.
|
Dead rabid skunk found in Hopewell
BRIDGETON -- A dead skunk found in Hopewell Township on Sunday tested positive for rabies, the Cumberland County De-partment of Public Health reported Friday.
|
Port Norris man hit by car in Commercial Township
An elderly Port Norris man was hospitalized after being struck by a car on James Moore Road Thursday night at 6:15 p.m. Herbert Green, 89, was walking to a neighbor's home when he was struck by a car operated ...
|
HIstorical Society names Legends of Port Norris
The Port Norris Historical Society recently announced its first "Legends of Port Norris" awards during a special dinner held Sunday, Nov.
|
State police at Port Norris distribute donated turkeys
New Jersey State Police at the Port Norris Station received a donation of three turkeys on Wednesday and on Thursday already had distributed them for Thanksgiving to three needy families within their patrol ...
|
COMMERCIAL: Port Norris skate park closer to reality
COMMERCIAL - The PoNo Arts and Improvement District was recently awarded a $33,000 grant from the Cumberland County Improvement Authority that will help the Commercial Township Skate Park move one step closer ...
|
In your town
Learn about how the supernatural entered and affected music of the Romantic Movement at the November installment of free monthly music lectures by Paul M. Somers, sponsored by the Bay-Atlantic Symphony.
|
Off Broad Street Players to present 'Hello, Dolly!' at Bridgeton school
The Off Broad Street Players will present the award-winning Jerry Herman family musical classic 'Hello, Dolly!' in the Robert L. Sharp auditorium of Bridgeton High School, 111 N. West Ave., Bridgeton.
|
Lawrence Twp. doing much better
Members of the township committee said on Monday that the situation in Cedarville has improved immensely since police have made their presence known.
|
Grand Jury indictments
The following people were indicted Oct. 29 by a Superior Court grand jury in Cumberland County: James Chinnici, 28, Joseph Crescenzi, 37, and Richard Fava, 30, all of Vineland, for second-degree possession with ...
|
Prosecution can't prove man gave girl, 5, gonorrhea
A man charged with sexually assaulting a young girl who contracted gonorrhea will serve no time in jail.
|
Man killed after being runover by truck
COMMERCIAL -- An intoxicated Millville man died after accidentally falling into the path of a moving truck Saturday night in Laurel Lake, state police said.
|
Police Beat
All Items in Police Beat are based on official police reports of events. Reports are published by The Daily Journal as soon as they are made available.
|
MILLVILLE: Afternoon police beat update includes trash cans thrown into the river
Someone vandalized three newly installed wooden trash can holders and liners at the Maurice River walking trail and threw them in the river.
|
Fairfield hears from troopers
Residents here voiced concern over state police coverage and the possible sale of the township sewer system among other issues at Tuesday night's township committe action meeting.
|
Club News
The Port Norris Historical Society will meet at 7 p.m. Tuesday at the Port Norris Fire Hall.
|
Laurel Lake crime down, but could still use improvement
The crime situation at Laurel Lake is not what it used to be, but the area still suffers from the bad name it had in the past.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"...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.
|
|