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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
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Ware Shoals, 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
| Ware Shoals, South Carolina News |
Arthur Earl Owens
He was born in Greenville County , a son of the late Grady and Pauline Hensley Owens.
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Cole Pleads Guilty, Sentenced to 18 months House Arrest
Townes represented Cole in embezzlement charges brought against her in 2006 by the Greenwood County Sheriff's Office.
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30.NOV.08 Deadly Motorcycle Accident in Laurens
A 21-year-old woman was killed in a motorcycle accident Saturday afternoon. A Laurens County deputy coroner said that Crystal Bryant was riding her motorcycle on Garlington School Road when something caused her ...
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Ware Shoals District 51 Property Taxes
After receiving my property tax notices last week, I have several concerns. I own several pieces of property in and around Ware Shoals.
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Possible carjacker may have struck twice
A possible carjacker who struck near Woodmont High Tuesday may have dumped the victim in Ware Shoals and carjacked a second person several hours later, a Greenville County deputy said.
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Police arrest carjacking suspect
A Greenville man who is accused of carjacking two victims at gunpoint -- one in Greenville and one in Ware Shoals -- is being held by Greenville police.
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Fire fee raising local officiala s ire
Greenwood County property owners who recently received their property tax notices likely noticed their bill was higher this year than in 2007.
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Suspect charged in carjack incident in Greenville
An 18-year-old Greenville man has been linked to a suspect who carjacked a teen with a shotgun at Woodmont High Tuesday afternoon, according to warrants.
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Armed Man Carjacked, Kidnapped Student
Deputies said they are searching for a man who carjacked and kidnapped a student at gunpoint and then stole another car.
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WS Man Nets 2 Counts of Indecent Exposure
A Ware Shoals man has been arrested after two women claim he exposed himself to them.
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Library Celebrates Twilight Movie Premiere
Girl meets sexy vampire in an action-packed supernatural romance is schedule to hit the big screen this weekend and fans across the upstate are celebrating.
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Easley Man Faces Sexual Misconduct Charges
Ware Shoals Police arrested an Easley man yesterday on three counts of criminal sexual conduct with a minor.
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Varnum to Attend MAATA Student Senate Training
April Varnum, a junior at Erskine College, h as been selected to represent South Carolina on the MAATA Student Senate .
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Police arrest man who tries to escape car
Ware Shoals Police arrested a Woodruff man -- who was allegedly wanted in two counties -- after he reportedly drove through Ware Shoals in a stolen truck, and later kicked a window out of a patrol car and ...
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Ware Shoals begins looking at changing insurance policies
Town Council took the first steps toward exploring new insurance for town employees Tuesday night.
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Tiffany Albert Achieves Second Professional Certification
The International Association of Administrative Professionals , the leading association for administrative support staff, has notified Tiffany Albert CPS of Greenwood, SC that she has added the coveted ...
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13.NOV.08 Tree Falls on E. Cambridge
The tree fell just in front of Burfield Apartments. Traffic is blocked from the old Workman's restaurant up to Grace Street .
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Wal-Mart Awards Grant to Ware Shoals Music Program
Pictured from left: Marie White , Christie Hodge , and Tabitha Crenshaw 13.NOV.08 A small music program just got a big financial boost, thanks to a donation from Wal-Mart. A local Wal-Mart Distribution Center ...
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Ware Shoals Elementary honors veterans
Ware Shoals Elementary School students wave American flags as they sing "God Bless the USA" Tuesday during a Veterans Day celebration.
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Easley's Garrett wins division at golf tournament
Adam Garrett of Easley won the boys age 10-12 division at the Hurricane Junior Golf Tour's Greenville Junior Shootout at Furman University Golf Club.
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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 prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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