Ward, 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
| Ward, South Carolina News |
Council keeps illegal alien law for now
SUMMERVILLE a ' Dorchester County will keep in place for now its program to penalize businesses that hire illegal immigrants.
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Sumter, Lee election results official
Randy Burns / The Item People seeking to vote absentee were lined out the door of the Lee County Voters Registration Office on Monday morning.
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Candidates stump for support
This past Tuesday many local candidates were on the stump. Next Tuesday -- Election Day -- the same candidates will face local voters who will decide whether or not they should be in political office.
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Cobb-Hunter taking nothing for granted in House race
After a hard-fought Democratic primary win in June, District 66 Rep. Gilda Cobb-Hunter could be expected to take her challenge in the Nov.
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Oct. 23-Nov. 8
Oct. 23 Religious Studies , Symposium, "Who's on First? What's on Second? Latino Christianity in the U.S." Lead presenter will be Anthony Stevens-Arroyo, professor emeritus of Puerto Rican and Latino Studies, ...
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Aiken schools struggle to meet AYP goals
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Celia Dial Saxon: 'A grand and noble woman'
USC professor Bobby Donaldson helped acquire the papers of educator Celia Saxon, including a journal in the foreground, for the South Carolina Library.
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Ward 1 group, history class share award
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With admin. gone, town deals with 'friendly lawsuit'
The termination of its administrator and a "friendly lawsuit" over the sale of the town's sewer system are among the issues the St.
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Marion County teens build, receive free computers
Several Marion County students participated in the 1890 Extension Program at S.C. State University, in collaboration with construction and engineering firm Henkels & McCoy Inc.
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Resilient jobs stay
The trends in the labor market haven't been bright for S.C. workers lately: layoffs, buyouts and an unemployment rate that is at a three-year high.
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Palmetto Biz Buzz to Help PTA's
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Bond for Walker set at $100,000
Keith Gedamke / The Item Jonathan Ervin Walker, 25, appears before Magistrate Kathy Ward on Thursday afternoon.
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Clontz, Hendley in tie for Lefty-Righty golf lead
Ron Clontz of Greenville and Todd Hendley are tied for first place in the championship flight of the S.C. Golf Association's Lefty-Righty Championship entering today's final round at the Lake Marion Golf Course ...
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Governor Sanford Signs Bill Limiting Where Sex Offenders Can Live
Ward's family still doesn't know what happened to the 23-year-old and they find it hard to hold out hope they'll ever see him alive.
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Bruce Scott Jr.
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Ward expects good things with car running well
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Mental Health Controls Fate of Bull Street Plan
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SC jury sides with ex-prison warden in conspiracy lawsuit
"Until lawmakers act, homes, savings, other assets and potentially the retirements of state employees are at risk for agency actions and decisions, even when others made those decisions in their official capacity" A former South Carolina associate warden who claimed he was fired when he refused to go along with his bosses' criticism of security after a prison riot was awarded $350,000 by a jury, his attorney said Friday. via Spartanburg Herald-Journal
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The week's most talked about book
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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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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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