Ridgefield, 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
| Ridgefield, New Jersey News |
Gymnastics: Rutgers Women's Gymnastics Signs Three
PISCATAWAY, N.J. Rutgers head women's gymnastics coach Chrystal Chollet-Norton announced the signing of three scholastic standouts to National Letters of Intent Tuesday.
|
Gay comedienne charts her own course
Suzanne Westenhoefer grew up in the Lancaster, Pa., area, and her family frequented the Jersey Shore.
|
ANC of NJ to Host Public Forum for Armenian Community
From : Karine Birazian Date : Fri, 10 Oct 2008 23:48:42 -0700 PRESS RELEASE Date: Oct.
|
Margaret M. Burr
LAKE HIAWATHA -- Margaret M. Burr passed away on Monday, Sept. 8, 2008, at Morristown Memorial Hospital, in Morristown.
|
Knocked Down
A cold-hearted robber shoved a 95-year-old Guttenberg woman to the ground Monday afternoon before making off with her purse and $40 in cash, police said.
|
Ridgefield woman outwits her alleged captor
Giants beat writer Mike Garafolo reports from Albany on Wednesday July 30 on Craig Dahl and his recovery from ACL surgery.
|
Affordable housing rules face big change
Gov. Jon Corzine signed a bill Thursday that limits some affordable housing options of suburban towns.
|
Contractor killed by backhoe in Bergen County
A self-employed contractor operating a backhoe on the outside of a Bergen County house was killed this afternoon when the machine's arm and bucket fell back and pinned him in the seat, police said.
|
Tyler Shamy To Be Featured On Radio Disney Starting May 31st
Shamy's six song EP is available to fans now and features "Now That I've Found You," My Note," U-Turn," "Worth It Or Not," and the two songs to be featured on Radio Disney: "You" and "Goin' To L.A." At a very ...
|
550 Broad St. Gets Three New...
Three new tenants have signed leases at 550 Broad St., a 300,000-sf, 18-story office tower in this city's downtown.
|
Ditch work should ease Rutherford flooding
Route 17 may become less flood-prone in Rutherford now that the state Department of Environmental Protection will allow two blocked drainage ditches to be cleared of vegetation and dirt, officials said Tuesday.
|
Stage: A 1980s-style 'I do'
Merritt David Janes rocks out as lovelorn Robbie in 'The Wedding Singer.' 'THE WEDDING SINGER' 8 p. m. Tuesday and Wednesday Cohan Center, Cal Poly $46 to $48 756-2787, www.pacslo.org Out of all of the possible ...
|
Menendez, Sires, NJ Latino Elected Leaders Endorse Lautenberg for Senate
Today, Sen. Robert Menendez and Rep. Albio Sires joined with Latino elected officials from across New Jersey to announce they are endorsing Sen. via PoliticsNJ
|
Jonathan Wilkes is the Wedding Singer
"I knew the film very well because I'm a stupidly massive Adam Sandler fan. I also knew that they had done it on Broadway. When I heard this was coming I begged my agent to get me an audition - " IF Jonathan Wilkes had booked a wedding singer to perform at his marriage to long-term love Nikki Wheeler in 2004, his choice would have been - " no, not Robbie Williams, but Michael Buble singing Moondance. via Scotsman.com Living
|
Impressions Wins Three GAMMA Awards
May 12, 2008 The Impressions staff was honored recently at the 2008 Magazine Association of the Southeast annual conference and GAMMA awards presentation. via Impressions Magazine
|
Bright Lights infused with dark energy
I'm beginning to feel like Bill Murray in Groundhog Day . Night after night, I set out for the theater, and it's 2008. via Houston Chronicle
|
Jury also delivers powerful moment
"That was not just that jury speaking" They nodded in agreement as they were polled in unison, repeatedly answering "yes" in affirmation of their verdict to convict the once-powerful former mayor of Newark and his one-time mistress. via New Jersey Online
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
|
|