Warrenville, 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
| Warrenville, South Carolina News |
Births for Nov. 23
Ryan and Crista Reed of Aiken announce the birth of their son, John Clifford Joseph Reed, born Nov.
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Stargazing11/19/2008
Area 2 Advisory Council meets The Area 2 Advisory Council will hold the November meeting Thursday, Nov.
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John Michael Cook
Mr. John Michael "Mike" Cook, 50, of Clearwater, died Saturday, November 15, 2008, in the Medical College of Georgia.
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Aiken County kidnapping mystery
Aiken Investigators are scouring missing persons reports and hoping for any leads after a Warrenville man reports a possible kidnapping early Thursday morning.
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Spradley - Hammett
Rachel Kay Hammett of Warrenville and Brandon Corey Spradley of Warrenville were married Sept.
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Roberts - Jackson
Angela Elaine Jackson and Kyle Jeffrey Roberts of Aiken were married Oct. 11, 2008, at Casa Bella Italian restaurant in Aiken.
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Girl dies in Saluda house fire
An early morning house fire just outside Saluda has taken the life of a 13-year-old girl.
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Reported Kidnapping In Warrenville Investigated
According to Lt. Michael Frank, the Aiken County Sheriff's Office is investigating the reported kidnapping of an unidentified man early Wednesday morning on the 400 block of Hillman Street, in Warrenville, ...
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Ford-Rowland vows exchanged at Lychgate Garden10/28/2008
Miss Miriam Lee Rowland became the bride of Mr. James Michael Shaw Ford on Saturday, Oct.
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Two men arrested for stealing cigarettes
Maurice Odom and Kadeem Workman are accused of burglary. Investigators say the men smashed the front door of the store with a rock early Monday morning, and walked out with the cigarettes.
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Across the area
Two Augusta Chronicle photographers have been honored in a competition held by the Southern Newspaper Publishers Association.
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Three Barnwell Men Arrested in Warrenville Store Burglary
According to Lt. Michael Frank, the Aiken County Sheriff's Office has arrested three Barnwell men, who early Tuesday morning smashed the front door of a convenience store with a large rock, and then carried ...
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Sanford talks on need for change
On the first leg of a two-day, 10-city tour, Gov. Mark Sanford made a stop in Aiken County on Wednesday morning to speak with small-business owners about their needs and to talk about his goals and agenda.
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Schoolchildren name puppies
Four bloodhound puppies born to Jessie, a member of the Aiken Bloodhound Tracking Team, now have names.
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Aiken County Sheriff Announces Names In a Pin The Pups Name Contesta
Photo According to Lt. Michael Frank, of the Aiken County Sheriff's Office , from nearly 4,000 entries submitted by Aiken County elementary students in the 'Pin the Pups Name Contest', Sheriff Michael Hunt, ...
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Youthful Curry taking on Smith's experience in race
It's a tough time to be a gas-station owner. But it's an even tougher time to be a gas-station owner who's running for public office.
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Aiken schools brace for cuts
For Aiken County's "big three" education programs - the Aiken County School District, USC Aiken and Aiken Technical College - the national economic crisis is producing more of a gusher than a trickle-down ...
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Charlie Company holds casing ceremony, renamed
The unit, based in Graniteville, held a casing ceremony on Sunday morning, where the 122nd Engineering Battalion was deactivated; however, the guardsmen that make up the unit will remain, now a part of 1221 ...
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Swanson-Richardson
Ellie Richardson of Aiken and David G. Swanson of New Ellenton were married Sept.
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Warrenville Fire Investigated
Fire investigators in Aiken County are trying to figure out what started a fire in Warrenville late last night.
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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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