Loving, NM Divorce Buyout in New Mexico
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 Mexico, 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 NM
| Loving, New Mexico News |
Little Argus
Golden Services will hold their annual Home Health & Hospice Celebration of Remembrance from 5:30-7 p.m. today at the Cavern Baptist Church Fellowship Hall, 110 Russell.
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Little Argus
Visit Santa at the Carlsbad Mall from 10 a.m. 2 p.m. or 4 6 p.m. today and 2-4 p.m. Sunday.
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Little Argus
Mega Bingo will be held at 1:15 p.m. today at San Jose Senior Center, 2814 San Jose Blvd.
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Little Argus
The community is invited to a Thanksgiving service at 11 a.m. today at Fox and Walnut Church of God, 1109 W. Fox.
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-- Man From Loving Faces Sex Charges
A 28-year-old Loving man has been charged with second-degree criminal sexual penetration of a minor and fourth-degree criminal sexual contact after allegedly molesting a 13-year-old girl during a search for a ...
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For the record:
Carlsbad Police Department Arrests James Van Winkler, 26, of the 300 block of Happy Valley, charged with possession of drug paraphernalia.
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Little Argus
The winter dance will be discussed. ECEC parent council meeting set CARLSBAD - The Parent Power Hour will be held at 6 p.m. today in the Fiesta Room at ECEC, 1801 W. Lea.
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Fatima Fernandez to wed Oscar Armendariz
Fatima C. Fernandez and Oscar Rene Armendariz plan to be married Nov. 28, 2008, in Saucillo, Chihuahua, Mexico, with Father Andres Alonso Mata officiating.
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Little Argus
Today: No events scheduled. Monday Historical Society host speaker CARLSBAD - The SE New Mexico Historical Society will host Walter Thayer, who will talk on the poetry of the late Ray Owen, Cowboy Poet, when ...
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Loving students host Veterans Day observance
Students in the Loving Municipal Schools observed Veterans Day with a special assembly held Tuesday afternoon in the Loving High School Gym.
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Little Argus
Vets breakfast set CARLSBAD - A free veterans' breakfast will be held from 7-10 a.m. at Carlsbad Elks Lodge 1558 for all area veterans and their spouses.
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Nation, community to honor veterans
Veterans Day is an important time for many in our community. With a large population of those who have served in the military, respect for veterans is demonstrated year round in many ways.
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For the Record:
Carlsbad Police Department Arrests Sylvia Looney, 28, of the 1300 block of Pate, charged with contempt of court, failure to appear.
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Little Argus
Today: Haunted house set CARLSBAD - The Treasure House second annual Haunted House will be open at 6:30 p.m. today at 302 N. Main St.
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Little Argus
Today Mummers present play CARLSBAD - The CHS Mummers will present "Making Nice" as well as several monologues, duet scenes and musical theatre pieces at 7 p.m. today at the CHS Little Theatre.
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Little Argus
Today: Free concert set CARLSBAD - Country gospel singer Susie Luchsinger will hold a free concert at 2 p.m. today outdoors at Paradise Ranch, 74 Pueblo Road.
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Free dictionaries
Mrs. Molina's third grade class at Joe Stanley Smith Elementary School smile as they hold their dictionaries.
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Activities aplenty for Halloween
The good witch, alias Becky Weems, reads a spooky story to Harding Webster preschoolers, from left, Alyse Huerta, Stormy Garcia and Sara Weems during the preschool's Halloween costume party on Tuesday.
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Little Argus
Today: T.I.M.E. exhibits on display CARLSBAD - The Art in Public Places Program of New Mexico Arts and Carlsbad MainStreet will present the fourth annual Temporary Installations Made for the Environment from ...
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VFW makes wheelchair possible for LES student
Members of VFW Post 8703 present a check for $2,560 to Loving Elementary School Principal Mark Barela on Wednesday afternoon.
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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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