West Columbia, 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
| West Columbia, South Carolina News |
Milestones: Lexington, Cayce, West Columbia
DOUGLAS W. STONE has been named head of the Indian Waters Council of the Boy Scouts of America.
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S.C. official asks for special budget session
Comptroller General Richard Eckstrom has asked Gov. Mark Sanford to consider recalling the Legislature to session to quickly balance the state budget.
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S.C. House set to rearrange its chairs
Three influential leadership posts are in the balance as the state House of Representatives meets this week to assign committees and elect chairmen.
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Toy donations mean deals for surplus SC property
Anyone donating a toy to Toys for Tots could get a deal on surplus state property in South Carolina.
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Eunice P. Hagins
Eunice P. Hagins, 92, of Elgin, died Sunday, November 23, 2008. Funeral services will be held at 3 p.m. Wednesday, November 26, 2008, at Westside Holiness Church, 527 Augusta Street, West Columbia, with Rev.
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Woman arrested in West Columbia drug search
Illegal drugs and money suspected to be profits of drug trafficking were confiscated in a warrant search of a west-side residence.
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Man Charged in Vehicle Break-ins
Witnesses say he threw rocks at car windows. A Lexington County man has been arrested after authorities say he boldly tried to break into several vehicles in broad daylight Tuesday.
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Pamela R. McLendon
Funeral services for Pamela R. McLendon, age 69, who died Nov. 24, will be held Wednesday at 2:00 p.m. from the Savannah Advent Christian Church.
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County wants workers to upgrade their attire
Jeans and T-shirts soon might be no-nos for most of Lexington County's 1,300 workers while they're on the job.
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On the scene: Charlamagne bounces back after layoff
STUPID MOVES: Charlamagne Tha God is a free agent. The co-host of the nationally syndicated "The Wendy Williams Experience" was laid off by New York station WBLS on Nov.
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How Obama Got Elected
On November 4th, 2008 millions of Americans were shocked that a man of Barack Obama's limited experience, extreme liberal positions and radical political alliances could be elected President of the United States. For many of these Americans, the explanation was rather simple... the news media, completely enamored with Obama, simply refused to do their job. On Election day twelve Obama voters were interviewed extensively right after they voted to learn how the news media impacted their knowledge of what occurred during the campaign. These voters were chosen for their apparent intelligence/verbal abilities and willingness to express their opinions to a large audience. The rather shocking video below seeks to provide some insight into which information broke through the news media clutter and which did not.
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W. Columbia cemetery ravaged by vandals
Danny Johnson e-mailed us about a cemetery on Kricklewood Court in West Columbia.
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Man arrested in connection with incident at Chapin checkpoint
Officials with the Lexington County Sheriff's Department say a West Columbia man is under arrest in connection with an incident on Nov.
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List of South Carolinaa s fastest-growing companies released
A start-up company in Duncan that grew to 180 employees this year from four has been named the fastest-growing company in South Carolina, according to Upstate accounting firm Elliott Davis.
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Heaviest rain in 3 years hits area
Augustans had not seen rain like Friday's in more than three years. Al Moore, a meteorologist with the National Weather Service in West Columbia, S.C., said the 3.2 inches of rain recorded at Augusta Regional ...
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Four face charges in catalytic converter thefts
Friday, November 14, 2008 at 11:42 a.m. Four men face charges in Lexington CountyA for their roles in the thefts of catalytic converters from vehicles.
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Officers fire on pickup truck that fled Chapin checkpoint
The Chapin police chief and a fellow officer fired Wednesday night on a pickup truck that nearly hit them after it sped away from a checkpoint on Chapin Road, authorities said.
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W. Cola. shooting victim dies
The West Columbia Police Department says a Columbia man shot on September 28th died on Wednesday.
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Where to Go on Veterans Day
If you plan on taking in the sights and sounds of one of the nation's most patriotic holidays, here's what you need to know.
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Deputies to Remove Illegal Advertising Signs
On Friday, Lexington County deputies will be going around the county removing illegally posted signs on street signs and utility poles.
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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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