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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
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Angelica, NY Divorce Buyout in New York
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 York, 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 NY
| Angelica, New York News |
Rockland briefing
A free seminar on strategies for dealing with older adults takes place next week.
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Allegany Artisans Studio Tour is Oct. 18, 19
From Rochester: About 110 miles; a 2-hour drive. Attraction: Roughly 30 artisans will open their studios for free tours during the 21st annual Allegany Artisans Studio Tour .
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Mother-Lode Brooklyn
One year ago, the excellent Web log Curious Expeditions posted a long series of color photographs of some of the world's most beautiful libraries.
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Musician knows value of family 'networking'
Today Renee Swan DeMarco is a confident woman of 42, mother of 13-year-old Angelica and an accomplished musician.
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History buffs find Civil War soldier's grave
A chance conversation between two history buffs led to the discovery of a long lost Civil War soldier's grave in the hills of Belmont.
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For Homeless Kids, A Welcome Summer Getaway
The giggles and banter echoed those at any typical summer camp, but the name of this lakeside getaway -- Camp Homeward Bound -- reflected an element of wishful thinking for many of the children.
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CATERPILLAR D400E, $125,000, NY
Truck includes a recently rebuilt engine and torque by Cat dealer. Detailed Description We have good records and oil sample history.
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Celia Cruz, Laugart, Ortiz, Machado and More Among 2008 HOLA Award Winners
Winners of the 2008 HOLA Awards, which honor "the best of Latino theatre in New York," were announced Aug.
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Bottle battle is waged at city eateries
Those conscience-obsessed New York restaurateurs are at again. First it was the anti-smoking and trans fats bans.
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Restaurants Take Tap Water Pledge
Why should restaurants stop at Eat Local ? Some environmental advocates believe they should Drink Local , too.
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Boil Order Still In Effect For Angelica Residents
Residents of the Allegany County Villiange of Angelica are still advised to boil their water after ground water seeped into the villiage reservoir.
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Boil Order Still In Effect For Angelica Residents
Residents of the Allegany County Villiange of Angelica are still advised to boil their water after ground water seeped into the villiage reservoir.
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Boil Order Still In Effect For Angelica Residents
Residents of the Allegany County Villiange of Angelica are still advised to boil their water after ground water seeped into the villiage reservoir.
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Boil Order Still In Effect For Angelica Residents
Residents of the Allegany County Villiange of Angelica are still advised to boil their water after ground water seeped into the villiage reservoir.
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Boil Order Still In Effect For Angelica Residents
Residents of the Allegany County Villiange of Angelica are still advised to boil their water after ground water seeped into the villiage reservoir.
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Boil Order Still In Effect For Angelica Residents
Residents of the Allegany County Villiange of Angelica are still advised to boil their water after ground water seeped into the villiage reservoir.
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Boil Order Still In Effect For Angelica Residents
Residents of the Allegany County Villiange of Angelica are still advised to boil their water after ground water seeped into the villiage reservoir.
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Boil Order Still In Effect For Angelica Residents
Residents of the Allegany County Villiange of Angelica are still advised to boil their water after ground water seeped into the villiage reservoir.
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Boil Order Still In Effect For Angelica Residents
Residents of the Allegany County Villiange of Angelica are still advised to boil their water after ground water seeped into the villiage reservoir.
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Boil Order Still In Effect For Angelica Residents
Residents of the Allegany County Villiange of Angelica are still advised to boil their water after ground water seeped into the villiage reservoir.
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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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© 2006 Somerset Investors Corp. All rights reserved. |