Riverside, 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
| Riverside, New Jersey News |
Five men charged in motorcycle theft ring
The state Attorney General's Office has charged five Burlington County men with involvement in a motorcycle theft ring.
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Developer plans housing for Riverside property
At a time when most redevelopment projects in the township are moving along at a snail's pace, a Moorestown developer's plan is right on track.
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Police stop leads to drug, DUI charges
A Riverside woman was charged with drug and weapons possession Saturday during a motor vehicle stop on Route 130.
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Regional trash plan considered
The township has received a $65,629 state grant to explore the possibility of regionalizing trash collection with 15 other municipalities.
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County has plenty of parade-goers
It was a chance to witness that long-awaited victory parade and Phillies fans from Burlington County weren't going to miss it.
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"Career Path" Seminar
Marvelous Light Church will be holding a seminar called "Career Path" on Oct. 25th, from 9:30am-12:30pm. The seminar is tailored for those in either career search, career switch, or career advancement stages.
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Cherokee, Delran to host band competitions Saturday
The high school marching band competition season continues this weekend at two Burlington County high schools.
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N.J. gets relief at the pumps
New Jersey motorists are seeing some relief at the pumps as the average price of regular gasoline fell about 31 cents in the past month.
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Robbery suspect may have fled to Florida
Police are looking for a township man suspected of tossing hot coffee onto a store clerk during a robbery.
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School roundup, Oct. 7
Karee Purcell scored in overtime, lifting Riverside to a 1-0 win over host Palmyra High School in Burlington County League Patriot Division girls soccer last night.
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Home-improvement fraud overdue for a crackdown
Recent indictments in Burlington County should send a message that bad contractors will be held accountable.
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Plenty of thanks to go around for flood response
Librarian Janice Fisher watched in horror as the water from the DesPlaines River in Riverside rose higher and higher, up the steep banks that rise behind the library.
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Riverside hosts church Oktoberfest
Authentic German food prepared the old-fashioned way is the centerpiece of Saturday's Zion Lutheran Church Oktoberfest at Fairview and Pavilion streets in Riverside.
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Riverside OKs funds to upgrade Town Hall
As township officials continue to settle into their new administrative offices on Pavilion Avenue, they also are moving forward with plans to renovate the old Town Hall.
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In Brief: Medford Village's art walk Saturday
Stroll down Medford's Main Street and enjoy the shopping, assortment of musical talent and creations local artists will be selling in a sidewalk sale on Saturday, from 2 to 7 p.m. For more information about ...
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City girls overpower Shaders
Burlington City scored five goals in a second-half rally that gave the Blue Devils a 6-2 win over Maple Shade High School in Burlington County League Patriot Division girls soccer yesterday.
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3rd District foes battle over party connections
Who is more unpopular in Burlington County: President George W. Bush or Gov. Jon S. Corzine? The answer may end up deciding the 3rd Congressional District election.
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Oktoberfest in Riverside Oct. 4
Authentic German food prepared the old-fashioned way is the centerpiece of Zion Lutheran Church's Oktoberfest at Fairview and Pavilion streets, Riverside, on Saturday, Oct.
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Local scores, Sept. 15
Zach Davis was the winning goalie. U-14 : Henry Vargas scored but the Rancocas Valley Fire lost 2-1 to the TBAA Vipers.
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High School Football Scores
FRIDAY Bordentown at Bishop Eustace, 7 Shawnee at Cherokee, 7 Palmyra at Cinnaminson, 7 Riverside at Delran, 7 Florence at Maple Shade, 7 Seneca at Timber Creek, 7 SATURDAY Willingboro at Pemberton, 11 a.m. ...
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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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"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
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