Adams Run, SC Divorce Buyout in South Carolina
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 South Carolina, 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 SC
| Adams Run, South Carolina News |
We have to teach our children to think | The Brain Drain
Some recent events have reminded me of a conversation I had years ago with a former high school teacher.
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Two new suspects identified in Adams Run shooting
' Detectives have identified two more suspects in a shooting that killed one and injured two others at a nightclub here over the weekend.
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Shooting suspects denied bond
Two men arrested in connection with the shooting of three Jacksonboro men early Saturday outside Alex's Social Club in Adams Run faced a judge in a bond hearing Monday.
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Weekend Shootings in Charleston
A weekend marred by violence the lowcountry living up to the latest statistics ranking South Carolina the most violent state in the nation.
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Trident Tech branches out
The influence of Trident Technical College no longer just runs north along the Interstate 26 corridor.
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Losing numbers game
Intern Siobhan Adams conducts a drug test on the urine of a woman on probation at the state probation and parole office in North Charleston.
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Claim your lost pig at the Animal Society
A stray pig sits in the barn at the Charleston Animal Society on Monday. The Charleston Animal Society wants to reunite with its owner a stray pig found in Adams Run or find him a new home.
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Charleston Shelter Looks for Owner
You would think it would be hard to loose an almost 500-pound pig. But someone did and officials in Charleston are looking for the owner.
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CSO Gospel Choir names new music director
The Charleston Symphony Orchestra and the CSO Gospel Choir have selected a new music director, and have named an associate director for a newly formed vocal ensemble within the choir.
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Man guilty of attack with a stun gun
A judge has sentenced a 46-year-old man to 20 years in state prison for kidnapping and torturing his estranged wife with a stun gun at a North Charleston motel in 2006.
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Adams Run couple's killer opts for electric chair
A man set to be executed next week for the murders of his ex-girlfriend's parents in their Adams Run home has chosen to die by electrocution, the Department of Corrections announced Tuesday.
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Execution set for man who killed ex-girlfriend's parents
The South Carolina Supreme Court has set a June 20 execution date for a man who murdered his ex-girlfriend's parents in Charleston County.
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Pinckney, 2 challengers to square off in District 45
State Sen. Clementa Pinckney, D-Ridgeland, hopes to win a third term this year, but first he must defeat fellow Democrats Richmond Truesdale Jr.
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County poises for 20 more years of burning garbage | Charleston's Pit of Fire
"We've been burning trash since the days of the cave man" Near Spruill Avenue in North Charleston, along the bank of Shipyard Creek, sits a massive, fiery cauldron. via Charleston City Paper
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Teams survey damage; hundreds still without power
"The break of day may show us differently" Hundreds remained without power on Johns and Wadmalaw islands this morning following Sunday's storms, as assessment teams from the local American Red Cross chapter fanned throughout the area to survey damage. via The Post and Courier
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Emaciated cow found in barren pasture
"Basically, she just needs tender, loving care and fattening up" The Charleston Animal Society has taken custody of an emaciated cow that was recovered in Adams Run after an anonymous complaint. via The Post and Courier
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Authorities find one cow dead, one emaciated in Adams Run
Charleston County animal control deputies have found one cow dead and one emaciated in a pasture in Adams Run. via The Post and Courier
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County incinerator no longer adds up
"It's definitely going to have an impact on us, and I wish they would have involved the stakeholders a little more." Bill Kozak, an ash loader operator, for Montenay Charleston Resource Recovery commonly known at the Charleston County incinerator, cleans up around the ash recovery area Thursday. via Post and Courier
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Man sentenced to life in prison for slaying
"What happened to her, a stray mangy dog did not deserve." Keith Renard Bradley was sentenced to life in prison Wednesday after a Charleston County jury convicted him of murdering Miriam Leeks with a shovel for refusing to follow through in a trade of sex for crack ... via Post and Courier
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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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