Eastover, 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
| Eastover, South Carolina News |
Man charged with murder after fight victim dies
A man has been charged with murder after the victim in a fight earlier this week died in a Columbia hospital.
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Man's Charges Upgraded to Murder After Victim Dies
An Eastover man has been arrested and charged with murder after the man he punched in the head died at a local hospital.
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Troopers: Alcohol Possible Factor in Fatal Wreck
An Eastover man has died after a fatal collision and authorities say alcohol may be a factor.
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Investigators say alcohol a potential factor in Richland Co. crash
Investigators say alcohol may have been a factor in a one car crash in Richland County.
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Guardsmen bound for afghanistan
Nyisha Williams figures it will hit her around 6 o'clock one night. That's usually the time her husband returns home from work, walks through the front door, gives her a kiss and calls for the couple's ...
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Landmark to be restored, reopened
Photo provided Victor and Gwen Lattuca will reopen the Sandhill Mercantile Store on U.S. 76/378 between Sumter and Columbia.
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An Eastover landmark gets a new life
In the Richland County town of Eastover there's a push to preserve a landmark. On Highway 378 you'll find the old Sandhill Mercantile Store.
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Elections to taxes: Working things out
With Election Day approaching and tax bills ready for the printer, leaders of Cayce and Richland County are working out how to provide services to the residents they now share.
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Achievement award nominations sought
The Eastover-Lower Richland Business Association is seeking nominations for its Community Achievement Award.
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Holmes deployed to Iraq
Simpsonville, SC 29681September 30, 2008 --Marine Corps Lance Cpl. Steven D. Holmes, son of Joan B. and John L. Holmes of Fountain Inn, S. C., and 140 fellow Marines of Fox Company, 4th Light Armored ...
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Councilman can't hold job and seat
Norman Jackson has a year to decide whether to change jobs or run for re-election. But he can't work in planning and engineering for the state highway department and run for Richland County Council as a ...
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Milestones
ELIZABETH TUCK has received the Babcock Center Volunteer of the Year Award. The inaugural award recognizes Tuck for her work on the Babcock Center and Babcock Foundation boards and as agency liaison with the ...
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Library raises the roof
David Warren, who led the Richland County Public Library to recognition as national library of the year in 2001, will retire in the spring after 30 years.
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St. John's 150th Birthday
In 1858, plantation life was a fixture across the rolling farmlands of Lower Richland county. Crops of rice, indigo, and cotton provided comfortable lifestyles for the owners; their slaves did the planting and harvesting. After schools were established for the white gentry, a yearning for a church of their own emerged among the landowners. Laura Jervey Weston provides a detailed account of the organization of St. John's Episcopal Congaree in her history of the first hundred years of this congregation.
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Church to mentor students
Clay Barrow at the 7th District office, 935-0500. * For volunteer opportunities in Richland 1, call Katy Watkins, volunteer/mentor program coordinator, 231-7511. The leader of the AME church in South Carolina ...
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Randolph Lynn Moore
A memorial service for Randolph Lynn Moore, 58, of Columbia will be held 2 p.m. Monday, September 8, 2008, at Lebanon United Methodist Church with Reverend F. LaRue Cook officiating.
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One killed, one injured in Lower Rich. Co. accident
An accident in Lower Richland County killed one man and injured another. Both are from Eastover.
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'Yes we can' resonates in Eastover. 'I didn't...
Tens of thousands gathered to watch Barack Obama make history in Denver, and three generations of the Green family invited friends in Eastover to do the same.
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Library honors volunteers
Here are some accomplishments worth "checking out." The Richland County Public Library recently honored several of its outstanding young volunteers for their service and contributions to the library.
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Richland Recreation: Council wants project input
The Richland County Recreation Commission trimmed several potential projects from a long wish list to get under budget for a proposed $45 million bond issue.
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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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